Sona Machinery Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | March 5, 2024 |
| Close Date:- | March 7, 2024 |
| Allotment Date:- | March 11, 2024 |
| Listing Date:- | March 13, 2024 |
About Sona Machinery Limited :-
Established in 2001, Sona Machinery Limited specializes in the production of agricultural processing machinery.
The company's product range includes Grains Pre-Cleaner machines, Rotary Drum Cleaners, Vibro Classifiers, Stone Separator Machines, Paddy De-Huskers, Husk Aspirators, Rice Thick/Thin Graders, Rice Whitening machines, Silky Polishers, Multi Graders, Length Graders, Belt Conveyors, Bucket Elevators, and more.
Sona Machinery provides comprehensive services such as engineering, installation, supervision, and machine commissioning, offering complete solutions tailored to the milling sector. Their services span from grain unloading and milling to pre-crushing for ethanol distilleries, and from paddy unloading to rice packing for the rice milling industry.
The company operates its manufacturing facility in Ghaziabad, Uttar Pradesh, covering an approximate area of 52,205 square feet, which includes a warehouse for storing both raw materials and finished goods.
As of September 30, 2023, Sona Machinery Limited boasted a workforce of over 390 employees, comprising skilled workers across various levels within the organization.
Contact Details :-
Address:- Sona Machinery Limited Unit No. 701, 7th floor, KLJ Tower, Plot No. B-5, Netaji Subhash Place, Maurya Enclave, North West Delhi, Delhi – 110034
Phone:- +91-8448984368
E-mail:- cs@sonamachinery.com
Website:- http://www.sonamachinery.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | SME |
| Price:- | ₹136 to ₹143 |
| Lot Size:- | 1000 |
| Minimum Amount for 1 Lot:- | ₹1,43,000 |
| Listing At:- | NSE SME |
| Total issue of Shares:- | 36,24,000 |
| Total issue Size:- | ₹51.82 Crore |
| Fresh issue of Shares:- | 36,24,000 |
| Fresh issue Size:- | ₹51.82 Crore |
| Face Value:- | ₹10 per Equity Share |
| Retail Quota:- | 35% |
| QIB Quota:- | 50% |
| NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Lakh
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 3,303.22 | 2,864.75 | 1,520.54 | 732.62 |
| Revenue | 2,713.62 | 8,118.06 | 4,453.07 | 606.33 |
| Profit After Tax | 187.77 | 770.96 | 330.02 | 28.22 |
| Net Worth | 1,326.67 | 1,138.90 | 367.94 | 37.92 |
| Reserves and Surplus | 1,316.67 | 1,128.90 | 357.94 | 27.92 |
| Total Borrowing | 132.04 | 252.60 | 236.61 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 196 |
| ROE:- | 15.23% |
| ROCE:- | 18.11% |
| Debt/Equity:- | 14.15 |
| RoNW:- | 8.11% |
IPO Registrar :-
Name:- Maashitla Securities Private Limited
Website:- https://maashitla.com/allotment-status/public-issues
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Sona Machinery Limited IPO DHRP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 28-02-2024 | ₹25 | ₹168 | 17.48% |
| 29-02-2024 | ₹40 | ₹183 | 27.97% |
| 01-03-2024 | ₹50 | ₹193 | 34.97% |
| 02-03-2024 | ₹50 | ₹193 | 34.97% |
| 03-03-2024 | ₹70 | ₹213 | 48.95% |
| 04-03-2024 | ₹72 | ₹215 | 50.35% |
| 05-03-2024 | ₹115 | ₹258 | 80.42% |
| 06-03-2024 | ₹115 | ₹258 | 80.42% |
| 07-03-2024 | ₹100 | ₹243 | 69.93% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| March 5, 2024 | 6.71 | 8.65 | 19.62 | 8.65 | 8.65 | 13.58 |
| March 6, 2024 | 6.78 | 34.49 | 63.59 | 34.49 | 34.49 | 41.13 |
| March 7, 2024 | 129.72 | 554.42 | 235.06 | 554.42 | 554.42 | 273.50 |
Allotment Status:-
| Particulars | Link |
|---|---|
| Check Allotment Status (available on March 11, 2024) | Click Here |
Sona Machinery Limited IPO FAQ :-
What is the opening date for Sona Machinery Limited IPO?
The Sona Machinery Limited IPO opens on March 5, 2024.
What is the closing date for Sona Machinery Limited IPO?
The Sona Machinery Limited IPO closes on March 7, 2024.
When will the shares be allotted for Sona Machinery Limited IPO?
Shares of Sona Machinery Limited IPO will be allotted on March 11, 2024.
What is the listing date for Sona Machinery Limited IPO?
The listing date for Sona Machinery Limited IPO is March 13, 2024.
What is the price/ price range for Sona Machinery Limited IPO?
The price/ price range for Sona Machinery Limited IPO is ₹136 to ₹143.
What is the minimum lot size for the Sona Machinery Limited IPO?
The minimum lot size for Sona Machinery Limited IPO is 1000 shares.
What is the minimum investment required for retail investors in the Sona Machinery Limited IPO?
The minimum investment required for retail investors in the Sona Machinery Limited IPO is ₹1,43,000.
What type of IPO is the Sona Machinery Limited IPO?
The type of Sona Machinery Limited IPO is SME.
What is the total issue size of the Sona Machinery Limited IPO?
The total issue size of Sona Machinery Limited IPO is ₹51.82 Crore.
How many shares are being offered in the Sona Machinery Limited IPO?
Total 36,24,000 shares are being offered in the Sona Machinery Limited IPO.
What is the face value of Sona Machinery Limited IPO share?
The face value of Sona Machinery Limited IPO share is ₹10.
What is the market capitalization of the Sona Machinery Limited IPO?
The market capitalization of the Sona Machinery Limited IPO is ₹196.25 Crore.
Who is the registrar for the Sona Machinery Limited IPO?
The registrar for the Sona Machinery Limited IPO is Maashitla Securities Private Limited.
Where can I check the IPO Allotment status for Sona Machinery Limited IPO?
You can check the IPO Allotment status for Sona Machinery Limited IPO at https://maashitla.com/allotment-status/public-issues.
What is the email address and website of Sona Machinery Limited IPO?
The email address of Sona Machinery Limited IPO is cs@sonamachinery.com and website is http://www.sonamachinery.com/.
What is the Sona Machinery Limited IPO GMP (Grey Market Premium) as of 07-03-2024?
The latest GMP for Sona Machinery Limited IPO is ₹100 as of 07-03-2024.