Sona Machinery
Sona Machinery Info
Details about the Sona Machinery IPO. Opening Date of Sona Machinery is 05 Mar 24 and Closing Date is 07 Mar 24 . Face Value of Each share of Sona Machinery is ₹10 per share. Price band of Sona Machinery is ₹136 to ₹143. The Lot size of Sona Machinery is 1,000 shares. Total issue size of Sona Machinery IPO is ₹51.82 cr. Fresh Issue of Sona Machinery IPO is 51.82 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Sona Machinery is 10,100,000. Share Holding Post Issue of Sona Machinery is 13,724,000.
Business Summary
Sona Machinery is a diversified agro-processing equipment manufacturer, manufacturing equipments for the processing of rice, pulses, wheat, spices, Barnyard Millet etc.
Company's product portfolio includes Grains Pre-Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, Stone Separator Machines, Paddy De-Husker, Husk Aspirator, Rice Thick/Thin Grader, Rice Whitener, Silky Polisher, Multi Grader, Length Grader, Belt Conveyer, Bucket Elevator etc.Along with the complete projects for rice mills and ethanol distilleries.
Company's services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section.
Sona Machinery IPO Details
| Open Date | 05 Mar 24 |
|---|---|
| Close Date | 07 Mar 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹136 - ₹143 |
| Lot Size | 1,000 Shares |
| Total issue Size | 3,624,000 Shares ₹51.82 cr |
| Fresh Issue | 3,624,000 Shares ₹51.82 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 10,100,000 |
| Share Holding Post Issue | 13,724,000 |
| Market Maker | Hem Finlease |
| Market Maker Portion | 182,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Sona Machinery IPO Timeline
The Sona Machinery Initial Public Offering (IPO) is set to open on 05 Mar 24 and will end its subscription phase on 07 Mar 24. You can check your allotment status for Sona Machinery on 11 Mar 24. The refund process for your funds will start promptly on 12 Mar 24. Sona Machinery IPO credit of shares will be on 12 Mar 24. The listing date for Sona Machinery is on 13 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Sona Machinery IPO Reservation
The Sona Machinery IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
182,000 Shares will be reserved for subscription by Hem Finlease
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Sona Machinery IPO Lot Size
Bids can be made for minimum of 1000 shares and in multiple of 1000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 143,000 |
| Retail (Max) | 1 | 1,000 | 143,000 |
| HNI (Min) | 2 | 2,000 | 286,000 |
Sona Machinery IPO Promoters Holding
Promoters holding details for Sona Machinery in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 73.59%.
Promoters of Sona Machinery are Vasu Naren, Shweta Baisla,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 73.59% |
Sona Machinery Financial Information
Financial performance details for Sona Machinery over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Nov 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 4,211.3 | 2,858.19 | 1,516.58 | 732.21 |
| Revenue | 6,288.11 | 8,118.06 | 4,453.07 | 606.33 |
| Profit After Tax | 647.82 | 768.36 | 326.47 | 27.81 |
Sona Machinery IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Sona Machinery are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 18.8 |
| ROCE | 46.61% |
| ROE | 44.49% |
| RoNW | 36.39% |
| EPS (Rs) | 7.61 |
Object of the Issue
- • Funding the Capital Expenditure requirements of the company towards setting up a new manufacturing unit at Ghaziabad.
- • Repayment of the outstanding amount of the Letter of Credit availed by the company for the purchase of machinery.
- • General Corporate Purpose
Contact Details for Sona Machinery
Phone
Office
Unit No. 701, 7th floor, KLJ Tower, Plot No. B-5, Netaji Subhash Place, Maurya Enclave, North West Delhi, Delhi – 110034, India.
Registrar Details for Sona Machinery
Maashitla Securities Private Limited
Phone
Office
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034, India
Lead Manager
- • Hem Securities Limited