Sona Machinery IPO Subscription Details

Bookbuilding IPO | ₹52 Cr | Listed at NSE SME | Tue, Mar 5, 2024 - Thu, Mar 7, 2024

Basis of Allotment - Sona Machinery IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)6,88,00010,32,00017,20,0005,17,00012,05,00034,42,000
Allotment price (Rs.)143143143143143143
No.of applications7288023,1932,80,3073,03,580
No.of shares applied8,88,64,00010,32,0008,98,96,00028,71,19,00028,03,07,00065,73,22,000
Amount collected (Rs.cr.)1,270.76 14.76 1,285.51 4,105.80 4,008.39 9,399.70
No.of times subscribed129.161.0052.27555.36232.62190.97
No.of shares allotted6,88,00010,32,00017,20,0005,17,00012,05,00034,42,000
Amount (Rs.cr.)9.84 14.76 24.60 7.39 17.23 49.22
No.of allottees718794431,2051,727

IPO Shares Offered

Sona Machinery IPO is a public issue of 0.34 Cr equity shares. The issue offers 0.12 Cr shares to retail investors, 0.17 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,82,0002.60 5.02%
QIB 17,20,00024.60 47.46%
    Anchor 10,32,000 14.76 28.48%
    QIB (Ex Anchor) 6,88,000 9.84 18.98%
NII* 5,17,0007.39 14.27%
Retail12,05,00017.23 33.25%
Total36,24,00051.82 100%

Sona Machinery IPO Anchor Investor Allocation

A total of 10,32,000 shares at a price of Rs 143 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 04, 2024
Anchor investor price₹143.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days5,16,000
No. of shares locked-in for 90 days5,16,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 BENGAL FINANCE & INVESTMENT PVT.LTD. BENGAL FINANCE & INVESTMENT 2,80,000 4.00 27.13 7.73
2 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 2,10,000 3.00 20.35 5.79
3 FINAVENUE GROWTH FUND FINAVENUE 1,31,000 1.87 12.69 3.61
4 PERSISTENT GROWTH FUND PERSISTENT 1,31,000 1.87 12.69 3.61
5 3 SIGMA GLOBAL FUND 3 SIGMA GLOBAL FUND 70,000 1.00 6.78 1.93
6 NEGEN UNDISCOVERED VALUE FUND NEGEN 70,000 1.00 6.78 1.93
7 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 70,000 1.00 6.78 1.93
8 SWYOM INDIA ALPHA FUND SWYOM 70,000 1.00 6.78 1.93
10,32,00014.7610028.48

IPO Subscription FAQs

The Sona Machinery IPO is subscribed 273.5 times by Mar 07, 2024 18:21.

Sona Machinery IPO Subscription

Investor Category Subscription (times)
Qualified Institutional129.72
Non Institutional554.42
Retail Individual235.06
Total Subscription273.5

Retail category of Sona Machinery IPO subscribed 235.06 times as of date Mar 07, 2024 18:21. The public issue closes on Thu, Mar 7, 2024 for bidding.

An investor can apply in Sona Machinery IPO online via bank (using ASBA) or the broker (using UPI). The Sona Machinery IPO shares are offered online only.

The Sona Machinery IPO is subscribed 273.5 times by Mar 07, 2024 18:21.

The Sona Machinery IPO allotment status is expected on or around Monday, March 11, 2024. Visit Sona Machinery IPO allotment status to check.

The Sona Machinery IPO listing date is March 13, 2024. The equity share of Sona Machinery IPO will list on NSE SME.

Visit Sona Machinery IPO subscription status page for real-time bidding information about Sona Machinery IPO.

Sona Machinery IPO Timetable

IPO opens OnTuesday, March 5, 2024
IPO Closes OnThursday, March 7, 2024
Finalisation of Basis of AllotmentMonday, March 11, 2024
Initiation of RefundsTuesday, March 12, 2024
Credit of Shares to Demat AccountTuesday, March 12, 2024
IPO Listing DateWednesday, March 13, 2024
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