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The basis of allotment for Sona Machinery IPO is available now.
The Sona Machinery IPO allotment status will be available on Monday, March 11, 2024, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Sona Machinery Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of Sona Machinery IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Sona Machinery IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Sona Machinery Ltd. IPO IPO allotment status is expected on Monday, March 11, 2024. Click the green button Sona Machinery Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Sona Machinery IPO oversubscribed in the retail category, the Sona Machinery IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The Sona Machinery Ltd. listing date is March 13, 2024. The equity shares of Sona Machinery Ltd. will list on NSE SME.
The reason you didn't get the Sona Machinery IPO could be:
RHP