247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Sona Machinery Limited IPO (Sona Machinery IPO) Details

Sona Machinery Limited is an Engineering based company, located in New Delhi, Sona Machinery Limited IPO size was 51.82 Cr. and was issued at 143.00 per share. The share of Sona Machinery Limited were listed at 131.25 per share and are currently trading at 121.85 per share.

Type :
Sub Sector : Manufacturing And Marketing Of Agro Processing Equipments
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
94.36 Cr.

PAT :
9.72 Cr.

Pricing Report

Issue Price :
143.00

Listing Price :
131.25

Current Market Price :
121.85

Issue Price vs CMP :
21.15 (14.79%)

listing Price vs CMP :
9.4 (7.16%)

Performance Report (CAGR* wise)

CAGR : -16.98
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Sona Machinery

Company Information
Sona Machinery is a diversified agro-processing equipment manufacturer, manufacturing equipments for the processing of rice, pulses, wheat, spices, Barnyard Millet etc. Their 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. their services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section which includes grain unloading and milling solution upto pre-masher for ethanol distilleries and paddy unloading to rice packaging for rice mill industries. The company started its operations in January, 2021 when it purchased the fixed assets and stock for a
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Object of 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

Sona Machinery SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2024
IPO Size :
51.82 Cr.
Market Cap :
196.25 Cr.   
IPO Subscription :
273.50 X     
PE Multiple :
20.19
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Maashitla Securities Private Limited

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FAQs

Sona Machinery operates in Engineering and Manufacturing And Marketing Of Agro Processing Equipments. The Issue is listed on NSE EMERGE in Mar, 2024. Sona Machinery IPO size was 51.82 Cr. with Issue price of 143.00 .

Sona Machinery IPO subscription was 273.50 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sona Machinery IPO listed at a listing price of 131.25 against the offer price of 143.00.

The current market price of Sona Machinery is 121.85.

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