
## **About Sona Machinery Limited** Incorporated in 2019, Sona Machinery Limited has swiftly emerged as a prominent player in the agro-processing equipment manufacturing sector. Specializing in a diverse range of equipment for processing rice, pulses, wheat, spices, Barnyard Millet, and more, the company's comprehensive product portfolio caters to the evolving needs of the agricultural industry. **Driving Innovation and Efficiency** : At the heart of Sona Machinery Limited's success lies a commitment to innovation and efficiency. From Grains Pre-Cleaner machines to Rice Whitener, the company's lineup encompasses a wide array of state-of-the-art equipment designed to streamline the processing workflow. With a keen focus on engineering excellence, Sona Machinery Limited ensures that each product delivers optimal performance, enhancing productivity for its customers. **End-to-End Solutions** : Sona Machinery Limited goes beyond mere equipment manufacturing, offering end-to-end solutions for rice mills and ethanol distilleries. From engineering and erection to supervision and machine commissioning, the company provides a seamless experience for its clients, covering every aspect of the milling process. Whether it's grain unloading or rice packaging, Sona Machinery Limited's comprehensive solutions ensure operational efficiency at every step. **Global Reach, Local Expertise** : While rooted in India, Sona Machinery Limited has also made significant strides in the international market. With exports to countries like Nigeria, Bangladesh, Kenya, and Nepal, the company has established a global footprint, generating substantial revenue from export sales. This global presence underscores Sona Machinery Limited's commitment to excellence and its ability to meet the diverse needs of customers worldwide. **Leadership Team** : At the helm of Sona Machinery Limited is its visionary leadership team, led by Promoter Vasu Naren and supported by Chief Financial Officer and Whole Time Director, Shweta Baisla. With years of industry experience between them, they bring a wealth of knowledge and expertise to the table, driving the company's growth and success. Their hands-on approach and sector-specific insights have been instrumental in propelling Sona Machinery Limited to new heights. As Sona Machinery Limited prepares for its forthcoming IPO, it stands poised for continued growth and success. With plans to set up a new manufacturing unit in Ghaziabad and a focus on repaying outstanding debts, the company is well-positioned to capitalize on emerging opportunities in the natural resource processing industry. Investors can look forward to being part of Sona Machinery Limited's journey towards a greener, more sustainable future, backed by a track record of excellence and innovation. Here are key details about the Sona Machinery Limited IPO: Company Name| **Sona Machinery Limited**| | Sona Machinery Limited IPO Opening Date| **March 5, 2024** ---|---|---|---|--- Company Established On|**2019**Sona Machinery Limited IPO Price band|**₹136 to ₹143 per share**
Bidding starts for all investor categories
Last day to place your bid
Share allotment finalised
Refunds credited for non-allottees
Allotted shares credited to demat account
Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1000 | ₹143,000 | 1 | ₹143,000 | 1 lot only |
| HNI | 2 | 2000 | ₹286,000 | 2 | ₹286,000 | Min 2 lots |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,857,348 | 25.91 | 0 | 0.00x | 100% |
| NII | 15% | 557,204 | 7.77 | 0 | 0.00x | 100% |
| Retail | 35% | 1,300,143 | 18.14 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).