| Sona Machinery Ltd |
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| Registered Office: Unit # 701 7th Flr KLJ Tower, P.# B-5 Netaji S.P.Maurya Encl, Delhi - 110034, Delhi |
| Phone: +91 84489 84368 |
| Email: cs@sonamachinery.com |
| Website: www.sonamachinery.com |
| Initial public offer of upto 36,24,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Sona Machinery Limited ("The Company" or "The Issuer") at an issue price of Rs. 143 per equity share (including share premium of Rs. 133 per equity share) for cash, aggregating up to Rs. 51.82 crores ("Public Issue") out of which 1,82,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 143 per equity share for cash, aggregating Rs. 2.60 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 34,42,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 143 per equity share for cash, aggregating upto Rs. 49.22 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.41% and 25.08% respectively of the post-issue paid-up equity share capital of the company. The Offer Price is Rs. 143 per equity share of face value of Rs. 10 each. The Offer price is 14.30 times of the face value of the equity shares. Bids can be made for a minimum of 1000 equity shares and in the multiples of 1000 equity shares thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 05-Mar-2024 | 07-Mar-2024 | ₹ 143.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 43.55 | Hem Securities Ltd |
| Project Financed through Current Offer | 51.82 | |
| Post Issue Equity Share Capital | 13.72 | |
| Issue Price | ₹143.00 | |
| Projects |
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| Funding the capital expenditure requirements of the company towards setting up of a new manufacturing unit |
| Repayment of the outstanding amount of the letter of credit availed by the company for purchase of machinery |
| General corporate purposes |
| Promoted By |
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| Vasu Naren |
| Shweta Baisla |
| Listing At |
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| NSE - SME |
| Registrar to the Issue |
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