STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Sona Machinery Limited IPO Date, Price, Review and Details

 

Get Real-Time Updates on stock market trends and news

Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.

Join WhatsApp Channel

Sona Machinery Limited IPO

March 05, 2024 - March 07, 2024 Closed

Sona Machinery Limited IPO  

Sona Machinery Limited is engaged in a company that makes a variety of machines used in processing grains like rice, pulses, wheat, and spices. Their products include cleaners, classifiers, separators, huskers, graders, and polishers for different types of grains. They provide a complete package of services, from designing and setting up machinery to overseeing the process and getting everything up and running smoothly. Their expertise covers everything from unloading grains to milling, and from preparing grains for ethanol production to packaging rice for sale.

Company Promoters:

  •  Vasu Naren
  •  Shweta Baisla

Objects of this Issue:

  • Funding the Capital Expenditure requirements of their company towards setting up of a new manufacturing unit at Ghaziabad.
  • Repayment of the outstanding amount of the Letter of Credit availed by their company for purchase of machinery.
  • General Corporate Purpose.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

2,858.19

1,516.58

732.21

Total Liabilities

1,725.86

1,152.6

694.69

Net Profit

768.36

326.47

27.81

Sona Machinery Limited IPO Schedule

1.     Bid or Offer Opens on: 05 March 2024
2.     Bid or Offer Closes on: 07 March 2024
3.     Finalization of BoA: 11 March 2024
4.     Initiation of Refunds: 12 March 2024
5.     Credit of shares to Demat account: 12 March 2024
6.     Listing Date: 13 March 2024

Sona Machinery Limited IPO Lot Size

The market lot size of Sona Machinery Limited IPO is 2,000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1000

₹143,000

Maximum

1

  1000

₹143,000

S-HNI(Minimum)

2

  2,000

₹286,000

Company Contact Details:

Unit No. 701, 7th floor, KLJ Tower,

Plot No. B-5, Netaji Subhash Place,

Maurya Enclave, North West Delhi,

Delhi – 110034, India

Phone:  +91-8448984368

Email:  cs@sonamachinery.com

Website:  www.sonamachinery.com

 

Sona Machinery Limited IPO Registrar Details:

MAASHITLA SECURITIES PRIVATE LIMITED

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi,

110034, India.

Telephone: +91-11-45121795

Email: ipo@maashitla.com

Website: www.maashitla.com

Frequently Asked Question

Comments for Sona Machinery Limited IPO Date, Price, Review and Details

0 comments