SONA MACHINERY IPO Details, Date, Review, Price

SONA MACHINERY IPO Details, Date, Review, Price

OUR BUSINESS

We are a diversified agro-processing equipment manufacturer, manufacturing equipments for the processing of rice, pulses, wheat, spices, Barnyard Millet etc.

Our Product Portfolio :-

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.

SONA MACHINERY IPO DATE & PRICE BAND DETAILS

IPO Open Date March 5, 2024
IPO Close DateMarch 7, 2024
IPO SizeApprox ₹51.82 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band₹136 to ₹143 Per Every Share
IPO Listing OnNSE SME
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%

SONA MACHINERY IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum11000₹143,000
Retail Maximum11000₹143,000
S-HNI Minimum22000₹286,000

along with the complete projects for rice mills and ethanol distilleries.

Our services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section which includes grain unloading and milling solution upto pre-masher for ethanol distilleries and paddy unloading to rice packaging for rice mill industries.

We are manufacturing and supplying agro-processing equipments under various categories like cleaning, grading, blending, material handling etc. Currently, we have a manufacturing unit situated at Ghaziabad, Uttar-Pradesh total area of approx. 52,205 sq. ft. a warehouse for storage of our material and finished goods .

OBJECTS OF THE ISSUE

1. Funding the Capital Expenditure requirements of our company towards setting up of a new manufacturing unit at Ghaziabad.
2. Repayment of the outstanding amount of the Letter of Credit availed by our company for purchase of machinery.
3. General Corporate Purpose

SONA MACHINERY IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateMarch 5, 2024
IPO Close DateMarch 7, 2024
Basis of AllotmentMarch 11, 2024
RefundsMarch 12, 2024
Credit to Demat AccountMarch 12, 2024
IPO Listing DateMarch 13, 2024

SONA MACHINERY FINANCIAL REPORTS

₹ in Crores
YearRevenueExpensePAT
2023 ₹81.18 ₹70.56 ₹7.71
2022 ₹44.53 ₹39.91 ₹3.30
2021 ₹6.06 ₹5.75 ₹0.28

Our Company Promoters.

Mr. Vasu Naren
Mrs.Shweta Baisla Our Company Promoters.

QUALITATIVE FACTORS

a) Diversified product range appealing to a wide range of customers.
b) Quality Assurance ensuring standardized quality of our products.
c) Diversified revenue from multiple geographies.
d) Experienced Promoter with senior management backed by sales team having industry knowledge.

SONA MACHINERY COMAPNY CONTACT DETAILS

Unit No. 701, 7th floor, KLJ Tower,
Plot No. B-5, Netaji Subhash Place,
Maurya Enclave, North West Delhi,
Delhi – 110034, India.
Email: finance@sonamachinery.com
Website: www.sonamachinery.com

SONA MACHINERY IPO REGISTAR

MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, New Delhi,
110034, India.
Tel No: +91-11-45121795
Email: ipo@maashitla.com
Investor Grievance ID: investor.ipo@maashitla.com
Contact Person: Mukul Agrawal
Website: www.maashitla.com

 

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