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Sona Machinery Ltd

Registered Office : Unit # 701 7th Flr KLJ Tower,P.# B-5 Netaji S.P.Maurya Encl,Delhi Delhi 110034 Phone : +91 84489 84368
Fax :

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

Opens On

Closes On

05-Mar-2024

07-Mar-2024

Money Payable On

Application

Allotment

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 (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

43.55

51.82

13.72

143.00

Hem Securities Ltd

Projects

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

Vasu Naren

Shweta Baisla

Listing At

NSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd