SMEClosed

Sona Machinery Limited IPO Subscription Status

📅Offer Date: 05 Mar 2024 – 07 Mar 2024

Minimum investment
₹1,43,0001000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total273.57x
QIB0.00x
NII0.00x
Retail235.06x

Sona Machinery Limited IPO was subscribed 273.57x in total when bidding closed on 07 Mar 2024, with 0.00x in the QIB category, 0.00x in NII, 235.06x in retail. The issue ran from 05 Mar 2024 to 07 Mar 2024 at a price band of ₹136.00–₹143.00 per share.

QIB0.00xNII0.00xRetail235.06xTotal273.57x1×

Times subscribed by category against the 1× line.

236
≈ 1 in 236 retail allotment
low allotment chance

Based on retail subscription (235.06x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail12,05,00028,32,47,300235.06x
Total24,10,00065,93,03,700273.57x
QIB / NII6,88,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail17.234050.44235.06x
QIB / NII9.84—0.00x
Total27.074050.44273.57x

Values derived from share count × issue price (₹143.00)

What this means for allotment & listing

Because Sona Machinery Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Sona Machinery Limited IPO subscription FAQs