The Sona Machinery IPO minimum market lot is 1000 shares with ₹143,000 application amount. The Sona Machinery IPO is an SME IPO, and it is to be listed on NSE SME.
Sona Machinery is a diversified agro-processing equipment manufacturer, manufacturing equipment for the processing of rice, pulses, wheat, spices, Barnyard Millet, etc. Their 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, Bucket Elevator, etc. along with the complete projects for rice mills and ethanol distilleries. Their services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section which includes grain unloading and milling solution up to pre-masher for ethanol distilleries and paddy unloading to rice packaging for rice mill industries.
IPOWatch View
We recommend investors may apply for an IPO with Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Sona Machinery IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 6.71 | 6.78 | 129.72 |
| NII | 8.65 | 34.49 | 554.42 |
| RII | 19.62 | 63.59 | 235.06 |
| Total | 13.58 | 41.13 | 273.50 |
Sona Machinery IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sona Machinery IPO Review
- May Apply
Sona Machinery IPO Form
How to apply for the Sona Machinery IPO? You can apply for Sona Machinery IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sona Machinery IPO in the Invest section. The other option is you can apply for Sona Machinery IPO via IPO forms downloaded online. Check out the Sona Machinery forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
