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March 5, 2024 - March 7, 2024

Sona Machinery IPO FAQ

Sona Machinery IPO Date & Price

The Sona Machinery IPO opens on March 5, 2024 and closes on March 7, 2024.

Sona Machinery IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 5, 2024
  • Bid/Offer Closes On: March 7, 2024
  • Finalization of Basis of Allotment: March 11, 2024
  • Initiation of refunds: March 12, 2024
  • Credit of Equity Shares: March 12, 2024
  • Listing Date: March 13, 2024

Sona Machinery IPO price is set at ₹143 per equity share.

Sona Machinery IPO will close for subscription at 5 PM on March 7, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Sona Machinery IPO starts on March 5, 2024. The issue ends on March 7, 2024.

Sona Machinery IPO Issue Size and Subscription Status

The Sona Machinery IPO size is 3624000 Equity Shares of ₹10 aggregating up to ₹51.82 Cr.

Sona Machinery Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Sona Machinery IPO shares through the banks (using ASBA) or through the broker (using UPI).

Sona Machinery IPO Offer Size

Qualified Institutional Buyers (QIB)688,000 Shares
Non-Institutional Investors (NII)517,000 Shares
Retail Individual Investor (RII)1,205,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,410,000 Shares

Sona Machinery IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)129.72 times times
Non-Institutional Investors (NII)554.42 times times
Retail Individual Investor (RII)235.06 times times
Employee Reservations times
Other Reservations times
Total Issue Size273.50 times times

Click here to check the Sona Machinery IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Sona Machinery IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Sona Machinery IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Sona Machinery IPO Allotment and Listing

The Sona Machinery IPO allot status will be available online on March 11, 2024. Check the Sona Machinery IPO Allotment Status here.

Click here to check Sona Machinery IPO Allotment Status.

Sona Machinery IPO listing Date is March 13, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Sona Machinery IPO listing date and time is published by the exchange in a circular.

Click here to view the Sona Machinery IPO Basis of Allotment.

It is hard to say at what price Sona Machinery IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Sona Machinery IPO shares will list on March 13, 2024 at NSE SME.

Sona Machinery IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Sona Machinery IPO which could help you with questions like Sona Machinery IPO buy or not? You should also read Sona Machinery IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Sona Machinery IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Sona Machinery IPO performance. The performance reports are available 1 day after listing.