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Sona Machinery Limited

Sona Machinery Limited

smelisted
Registrar: Maashitla Securities Private Limited · Listing 2024-03-13
IPO Timeline
Today · 20 Oct 2026
Opens
05 Mar 2024
Closes
07 Mar 2024
Allotment
07 Mar 2024
Refund
12 Mar 2024
Demat
11 Mar 2024
Listing
13 Mar 2024
Price Band
₹136–143
GMP
₹0
0%
Lot Size
1000 Shares
Min ₹143,000
Subscription
0x
Issue Size
₹51.82 Cr
Open
2024-03-05
Close
2024-03-07
Listing
2024-03-13

About the company

## **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**

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 13 Mar 2024
      Listed 951 days ago
      1. IPO Opens

        Completed
        05 Mar 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        07 Mar 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        07 Mar 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        12 Mar 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        11 Mar 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        13 Mar 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1000 shares
      Price / Share (upper)
      ₹143
      Min Investment (1 lot)
      ₹143,000
      Price Band
      ₹136–143
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1000
      Min amount
      ₹143,000
      Max amount
      ₹143,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2000
      Min amount
      ₹286,000
      Max amount
      ₹286,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹25.91 Cr
      Shares offered
      1,857,348
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹7.77 Cr
      Shares offered
      557,204
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹18.14 Cr
      Shares offered
      1,300,143
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).