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
Overall Subscription
273.57x
Total Demand
QIB Multiplier
129.72x
Institutions & Funds
NII / HNI
554.77x
High Net-Worth
Retail (RII)
235.06x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 688,000 | 89,249,000 | 129.72x |
| NIB | 517,000 | 286,816,000 | 554.77x |
| RETAIL | 1,205,000 | 283,245,000 | 235.06x |
| Total | 2,410,000 | 659,310,000 | 273.57x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,268 | 298,056 | 235.06x |
| HNIs (10L +) | 8 | 4,438 | 554.77x |
| HNIs (2-10L) | 39 | 21,636 | 554.77x |
| Total Applications | 1,315 | 324,130 | 246.49x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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 Schedule:
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 is Sona Machinery Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Sona Machinery Limited IPO is ₹30 per equity share. Based on the upper price band of ₹136 to ₹143 per equity share, the estimated listing price is ₹173 (+21.0% expected listing gain).
What is the expected profit per lot for Sona Machinery Limited IPO?
With a lot size of 1000 shares and current GMP of ₹30, the expected profit per application lot is approx ₹30,000 (+21.0% gain). Minimum application cost is approx ₹1,43,000.
What is the issue size and price band for Sona Machinery Limited IPO?
The Sona Machinery Limited IPO aggregate issue size is ₹51.82 Crores with an equity price band set at ₹136 to ₹143 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,43,000.
How can I check Sona Machinery Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 273.57x (Retail: 235.06x, QIB: 129.72x, NII: 554.77x). You can track live multiples directly on our dedicated subscription page.
Where and when will Sona Machinery Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2024-03-11. Investors can verify status using PAN card or application number.
When is the listing date for Sona Machinery Limited IPO?
Sona Machinery Limited shares are scheduled to list on NSE on 2024-03-13.