Sona Machinery Limited
ListedSMEEmerging SME Services · NSE
Sona Machinery Limited, established in 2001, is a prominent manufacturer of agricultural processing machinery, offering a diverse range of products such as Grains Pre-Cleaner machines, Rotary Drum Cleaner, and Rice Whitener. The company provides comprehensive end-to-end solutions for the milling sector, including engineering consultation, installation services, and machine commissioning. Operating from a state-of-the-art manufacturing facility in Ghaziabad, Uttar Pradesh, spanning 52,205 square feet, Sona Machinery Limited employs over 390 skilled professionals and semi-skilled workers. With a strong focus on innovation, quality, and customer satisfaction, the company continues to be a trusted partner in the agricultural processing industry, serving clients across global markets.
Price Band
₹136 – ₹143
Issue Size
₹51.82 Cr
Lot Size
1000 shares
GMP
₹30
+21.0%
Est. Listing
₹173
at current GMP
Subscribed
273.57x
overall
Open
5 Mar 2024
Close
7 Mar 2024
Allotment
11 Mar 2024
Refund
12 Mar 2024
Demat Credit
13 Mar 2024
Listing
13 Mar 2024
Last updated 12 days ago
Official Registrar Verification
Sona Machinery Limited Allotment Status
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
11 Mar 2024
Basis finalization
Refunds Initiate
12 Mar 2024
Mandate release
Demat Credit
13 Mar 2024
Shares in demat
Listing Debut
13 Mar 2024
Trading begins
How to Check Sona Machinery Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Maashitla Securities Private Limited's allotment portal.
- Select Sona Machinery Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Sona Machinery Limited Public Issue & Market Profile
Sona Machinery Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹51.82 Crores. The shares are offered at a price band of ₹136 to ₹143 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,43,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-03-13, while un-allotted funds or UPI block mandates will be released on 2024-03-12.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.