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Sona Machinery Limited

Sona Machinery Limited

listed
₹1.36LMin. investment

Sona Machinery Limited IPO Details

Price range₹136 – ₹143
IPO type
SME
Lot size1000 shares
Issue size₹51.82Cr

Sona Machinery Limited Timeline

  1. Bid start
    5 Mar 2024
  2. Bid end
    7 Mar 2024
  3. Allotment
    7 Mar 2024
  4. Release of funds
    12 Mar 2024
  5. Demat transfer
    11 Mar 2024
  6. Listing
    13 Mar 2024

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 NameSona Machinery Limited Sona Machinery Limited IPO Opening DateMarch 5, 2024
Company Established On2019Sona Machinery Limited IPO Price band₹136 to ₹143 per share

Checklist

Risk analysis
Debt to Equity ratio
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Sona Machinery Limited Contact Details

Company NameSona Machinery Limited

How to apply for Sona Machinery Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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