Sona Machinery Limited

Issue Size (Net)

up to Rs.51.82 Cr

Price Band

Rs.136 to Rs.143 per share

Issue Opens

March 5, 2024

Issue Closes

March 7, 2024

Company Highlights Financials Highlights Issue Details Prospectus

Company Highlights

1.Company Information

Founded in 2019, Sona Machinery Limited produces agricultural machinery for processing rice, pulses, wheat, spices, and Barnyard Millet.
The company manufactures 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.
The company exports its products to Nigeria, Bangladesh, Kenya and Nepal.
The company has been accredited with ISO 9001:2015 for Quality Management Systems by Das System & Services Pvt Ltd.
Sona Machinery's service offering includes engineering, installation, supervision and machine commissioning, providing a complete solution for the milling sector, ranging from grain unloading and milling to pre-crushing for ethanol distilleries and from paddy unloading to rice packing for the rice milling industry.

2. Objects of the Issue

General Corporate Purpose,
Meeting Public Issue Expenses.

3.Sona Machinery IPO Registrar

Maashitla Securities Private Limited

Phone:+91-11-45121795-96

Email: ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

Sona Machinery Limited Financial Information (Restated Standalone)

Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
30 Nov 23	4211.30	6288.11	647.82	1780.16	770.16	112.94
31 Mar 23	2858.19	8118.06	768.36	1132.34	1122.34	252.6
31-Mar-22	1516.58	4453.07	326.47	363.98	353.98	236.61
31-Mar-21	732.21	606.33	27.81	37.51	27.51
Amount in Rs. Lakhs

Sona Machinery IPO Details

Issue Opening Date	March 5, 2024
Issue Closing Date	March 7, 2024
Face Value	Rs.10 per share
Price	Rs.136 to Rs.143 per share
Lot Size	1000 Shares
Issue Size	3,624,000 shares (aggregating up to Rs.51.82 Cr)
Fresh Issue	3,624,000 shares (aggregating up to Rs.51.82 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME

Sona Machinery IPO Timeline (Tentative Schedule)

Event	Tentative Date
Opening Date	Tuesday, March 5, 2024
Closing Date	Thursday, March 7, 2024
Basis of Allotment	Monday, March 11, 2024
Initiation of Refunds	Tuesday, March 12, 2024
Credit of Shares to Demat	Tuesday, March 12, 2024
Listing Date	Wednesday, March 13, 2024
Cut-off time for UPI mandate confirmation	5 PM on March 7, 2024