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30 Sep 2026, 09:59 AM IST
Home / IPO / Sona Machinery
LISTEDSME

Sona Machinery IPO

Open 5th Mar 2024 · Close 7th Mar 2024 · Listing 13th Mar 2024

Price Band₹136.00–₹143.00
Live GMP₹30.00
Subscription273.50×
Issue Size₹51.82 Cr
OverviewOverviewSubscriptionSubs.273.50×GMPGMP₹30.00AllotmentAllot.11th Mar 2024
TimelineLot SizeCompanyObjectivesFinancialsKPIsValuationPeersRegistrarLead ManagersDocumentsExpensesAnchorsRecommendations

IPO Objectives

Sona Machinery IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding the Capital Expenditure requirements of our company towards setting up of a new manufacturing unit at Ghaziabad₹28.91 Cr
2Repayment of the outstanding amount of the Letter of Credit availed by our company for purchase of machinery₹2.01 Cr
3General Corporate Purpose₹12.63 Cr
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