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Sona Machinery Ltd

Sona Machinery Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹143
₹143
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹143
Based on GMP
Min. Investment
₹143,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
05 Mar 2024
Close Date
07 Mar 2024
Allotment
11 Mar 2024
Listing Date
13 Mar 2024
Exchange
NSE SME
Price Band
₹143
Listing Price
See chart
Allotment Status
Price Band
₹143
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
36,24,000 shares (aggregating up to ₹51.82 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹143,000
1 lot
Pre-IPO Holding
1,01,00,000 shares
Promoters
Post-IPO Holding
1,37,24,000 shares
Promoters
P/E (Pre)
18.8x
 
P/E (Post)
20.2x
 
EPS (Pre)
₹7.61
 
EPS (Post)
₹7.08
 
UPI Deadline
2024-03-07
Mandate
Anchor AllotmentMon, 04 Mar 2024
Basis of AllotmentMon, 11 Mar 2024
Refund InitiationTue, 12 Mar 2024
Demat CreditTue, 12 Mar 2024
Listing DayWed, 13 Mar 2024
UPI Mandate Deadline2024-03-07
Sale TypeFresh Capital
Net Offer to Public34,42,000 shares (aggregating up to ₹49.22 Cr)
Market Maker Quota1,82,000 shares (aggregating up to ₹2.60 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sona Machinery Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Mar 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
182,000
₹2.60
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,624,000
100% ₹51.82
IPO Shares Offered
Sona Machinery Ltd IPO total issue size: ₹51.82 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 182,000 ₹2.60
5.02%
Total 3,624,000 ₹51.82
100.00%
* Based on upper price band ₹143 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹143.00
Upper Band
Min Investment
₹143,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹286,000
Retail (Max — 13 Lots)1313,000₹1,859,000
S-HNI (Min — 14 Lots)1414,000₹2,002,000
B-HNI (Min — 68 Lots)6868,000₹9,724,000
* Issue Price ₹143 × Lot Size 1,000 shares
IPO Schedule
Anchor
04 Mar 2024
✓ Done
IPO Open
05 Mar 2024
✓ Done
IPO Close
07 Mar 2024
✓ Done
Allotment
11 Mar 2024
✓ Done
Refunds
12 Mar 2024
✓ Done
Demat Credit
12 Mar 2024
✓ Done
Listing Day
13 Mar 2024
✓ Done
Sona Machinery Ltd — Live Price LIVE
₹143.00
INR · NSE
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Issue ₹143.00 Live Price
About Sona Machinery Ltd
Founded in 2019, Sona Machinery Limited produces agricultural machinery for processing rice, pulses, wheat, spices, and Barnyard Millet.The company manufactures Grains Pre-Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, Stone Separator Machines, Paddy De-Husker, Husk Aspirator, Rice Thick/Thin Grader, Rice Whitener, Silky Polisher, Multi Grader, Length Grader, Belt Conveyer, Bucket Elevator etc.The company exports its products to Nigeria, Bangladesh, Kenya and Nepal.The company has been accredited with ISO 9001:2015 for Quality Management Systems by Das System & Services Pvt Ltd.Sona Machinery's service offering includes engineering, installation, supervision and machine commissioning, providing a complete solution for the milling sector, ranging 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's manufacturing facility is located in Ghaziabad, Uttar Pradesh, with a total area of approximately 52,205 sq. ft. and a warehouse for storing material and finished goods.As of September 30, 2023, the company employed over 390 employees, including semi-skilled workers at various levels of the organization.
Objects of the Issue
1
Funding the Capital Expenditure requirements of the company towards setting up a new manufacturing unit at Ghaziabad.
2
Repayment of the outstanding amount of the Letter of Credit availed by the company for the purchase of machinery.
3
General Corporate Purpose
Sona Machinery Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹4,453.1
31 Mar 2022
₹8,118.1
31 Mar 2023
₹6,288.1
30 Nov 2023
Profit After Tax (PAT)
₹326.5
31 Mar 2022
₹768.4
31 Mar 2023
₹647.8
30 Nov 2023
Particulars30 Nov 202331 Mar 202331 Mar 2022
Revenue from Operations 6288.11 8118.06 4453.07
EBITDA N/A N/A N/A
Profit After Tax (PAT) 647.82 768.36 326.47
Net Worth 1780.16 1132.34 363.98
Total Assets 4211.30 2858.19 1516.58
Reserves & Surplus 770.16 1122.34 353.98
Borrowings 112.94 252.60 236.61
EBITDA Margin (%) N/A
PAT Margin (%) 10.32%
P/BV Ratio
8.11
RoE
44.49%
RoCE
46.61%
RoNW
36.39%
PAT Margin
10.32%
Debt/Equity
0.06
Issue Structure & Shareholding
Total Shares Offered36,24,000 (100.00%)
Net Offer to Public34,42,000 shares (aggregating up to ₹49.22 Cr)
Reserved for Market Maker1,82,000 shares (aggregating up to ₹2.60 Cr)
Pre-Issue Promoter Holding1,01,00,000 shares
Post-Issue Promoter Holding1,37,24,000 shares
P/BV Ratio8.11
RoE44.49%
RoCE46.61%
Debt / Equity0.06
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sona Machinery Ltd IPO subscribed?

Sona Machinery Ltd IPO is subscribed 1.00 times by Mar 07, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sona Machinery Ltd IPO retail subscription status?

The Sona Machinery Ltd IPO retail category is subscribed 1.00 times as of 07 Mar 2024. The retail portion is oversubscribed.

How to subscribe Sona Machinery Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 05 Mar 2024 and closes 07 Mar 2024. Min investment: ₹143,000 (1 lot = 1,000 shares). UPI mandate: 2024-03-07.

How many times Sona Machinery Ltd IPO subscribed?

The Sona Machinery Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sona Machinery Ltd IPO allotment?

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Mar 2024. Refunds: on 12 Mar 2024.

When Sona Machinery Ltd IPO will be listed?

The Sona Machinery Ltd IPO listing date is 13 Mar 2024, Wednesday. Listed on: NSE SME. Issue price: ₹143. Estimated listing: ₹143. GMP: NIL.

When Sona Machinery Ltd IPO close?

The Sona Machinery Ltd IPO closes on 07 Mar 2024, Thursday. UPI mandate: 2024-03-07. Allotment: 11 Mar 2024. Listing: 13 Mar 2024.