Sona Machinery Limited - Logo

Sona Machinery Limited

SONAMAC

136-143

per share
Bidding Dates
5-7 Mar
Min. Investment
₹1,36,000.00
Lot Size
1000 shares
Issue Size
₹51.82 Cr
IPO Timeline
Bidding starts
05 Mar ‘24
Bidding ends
07 Mar ‘24
Allotment finalisation*
11 Mar ‘24
Refund initiation*
12 Mar ‘24
Demat transfer
12 Mar ‘24
Listing
13 Mar ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

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 Allotment Status March 11, 2024
Sona Machinery Limited IPO Closing Date March 7, 2024   Sona Machinery Limited IPO Listing Date March 13, 2024
Credit of Shares to the Demat Account March 12, 2024   Sona Machinery Limited IPO Lot Size 1000 Shares
Sona Machinery Limited IPO Face Value ₹10 per share   Sona Machinery Limited IPO to be Listed on  NSE
Sona Machinery Limited IPO Issue Size ₹51.82 Cr   Sona Machinery Limited IPO Price band  ₹136 to ₹143 per share

 

 

IPO analysis

Registrar information
Name
Maashitla Securities Private Limited
Phone number
+91-11-45121795-96
Email ID
ipo@maashitla.com

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