Sona Machinery Limited IPO
NSE SMEClosed
Mar 5, 2024Open Date
Mar 7, 2024Close Date
TBAAllotment Date
Mar 13, 2024Listing Date
Subscription Details
View Subscription DetailsRetail235.06x
QIB / NII0.00x
Overall Subscription
Total Bids Received
273.57x
Updated: 10 Jul, 06:09 pm
Sona Machinery Limited IPO Issue Details
Issue Price₹136-143 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share36,24,000 shares(aggregating up to ₹51.82 crore)
Listing AtNSE SME
Listing DateMar 13, 2024
RegistrarMaashitla Securities Private Limited
Reservation Details
| Category | Shares Offered | % |
|---|---|---|
| NII | 5,17,000 | 14.27% |
| QIB | 6,88,000 | 18.98% |
| Anchor | 10,32,000 | 28.48% |
| Market Maker | 1,82,000 | 5.02% |
Company Information
Sona Machinery Limited is an agricultural machinery manufacturing company for processing rice, pulses, wheat, spices, and Barnyard Millet. It was established in 2019.The company produces Grains Pre-Cl...
Valuations
EPS (Pre-IPO)
7.63
EPS (Post-IPO)
7.08
P/E (Pre-IPO)
18.73
P/E (Post-IPO)
20.2
RoNW
36.39%
PAT Margin
10.32%
P/B Value
8.11
Objectives of the Issue
- 1Funding the Capital Expenditure requirements of the company towards setting up a new manufacturing unit at Ghaziabad.
- 2Repayment of the outstanding amount of the Letter of Credit availed by the company for the purchase of machinery.
- 3General Corporate Purpose
Sona Machinery Limited – Promoter(s)
Mr. Vasu Naren
Ms. Shweta Baisla
Contact Details
Corporate Office
Unit No. 701, 7th floor, KLJ Tower, Plot No. B-5, Netaji Subhash Place, Maurya Enclave, North West Delhi, Delhi – 110034
Registrar Contact
Maashitla Securities Private Limited
Frequently Asked Questions — Sona Machinery Limited IPO
Download Mobile App
Get push notifications instantly when IPO allotment goes live!
Angel One
Free DematZero Brokerage Equity
Zerodha
Free DematIndia's #1 Stock Broker
Upstox
Free DematInstant Demat Account
