
Emerging 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
+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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹143
Band: ₹136 – ₹143
Estimated Listing Price
₹173
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,43,000
Estimated Profit / Lot
₹30,000
1000 × ₹30
Grey Market Premium trend
+₹30
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹30 | 21.0% | ₹173 |
| 30 Oct 2026 | +₹30 | 21.0% | ₹173 |
| 29 Oct 2026 | +₹27 | 18.9% | ₹170 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Sona Machinery Limited IPO is ₹30, which indicates an expected listing price of ₹173.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.