Sona Machinery IPO

Sona Machinery Limited

₹1,36,000 /1000 sharesMinimum Investment

Sona Machinery IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹143.00₹125.00-₹18.00 (12.59%)

Sona Machinery IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
5 Mar ‘24 - 7 Mar ‘24₹1,36,0001,000₹136 - ₹143
Issue SizeIPO Doc
51.82Cr
RHP PDF

About the company

Sona Machinery Limited is an agro-processing equipment manufacturer. It makes machinery for processing rice, pulses, wheat, spices, barnyard millet, etc. Its 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, and bucket elevator. It also undertakes complete projects for rice mills and ethanol distilleries. The company provides services including engineering, erection, supervision, and machine commissioning. It offers end-to-end solutions for the milling section, from grain unloading to milling solutions for ethanol distilleries and paddy unloading to rice packaging for rice mill industries. The company's manufacturing facility is located in Ghaziabad, Uttar Pradesh, with a total area of approximately 52,205 sq. ft. It also has a warehouse for storing raw materials and finished goods.;
Founded in
2019
Managing director
Mr. Vasu Naren
Parent organisation
Sona Machinery Limited

Strength and risks

Strengths
Risks
The company has obtained ISO 9001:2015 certification for Quality Management System from Das Systems & Services Pvt. Ltd. Also, the Bureau of Indian Standards (BIS) has certified the company’s Fortified Rice Blending equipment.
The company’s revenue is generated from multiple geographical locations across India and from places outside India including Nigeria, Bangladesh, Kenya, Nepal. etc.
The company’s product portfolio includes various categories of equipment that are used for material handling, cleaning, blending, grading etc. for processing of various grains.
The company’s revenue from operations was Rs. 6.04 cr, Rs. 44.52 cr and Rs. 80.97 cr in FY 2021, 2022 and 2023 respectively. For the same time periods, the company reported Profit after Tax of Rs. 0.28 cr, Rs. 3.26 cr and Rs.7.68 cr respectively.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular136 - 143₹2 Lakh
High Networth Individual136 - 143₹2 - 5 Lakh
For Sona Machinery IPO, eligible investors can apply as Regular.
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