Closed
Sona Machinery Limited logo

Sona Machinery Limited IPO

SME IPOListedSONAMACNSE
Current Market Price (CMP)
₹193.60(+35.38%)
Current Price (CMP)
₹193.60(+35.38%)

Live Market Quote

Listing Price & Gain
₹125(-12.59%)

Day 1 Exchange Open

IPO Issue Price
₹143

Band: ₹136 - ₹143

Total Subscription
254.37x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
05 Mar 2024
IPO Bidding Closes
07 Mar 2024
Allotment & Refunds
Completed
Exchange Listing Day
13 Mar 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 254.37x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription254.37x
Updated as on 07-Mar-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain-12.59%
₹143 (Issue) → ₹125 (List)
Per share profit: ₹-18.00
Holding Return (Till Date)+35.38%
₹143 (Issue) → ₹193.60 (CMP)
Net gain per share: +₹50.60
Post-Listing Performance (Listing Day → Today):+54.88%

About Sona Machinery Limited IPO

Sona Machinery Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 05 Mar 2024 and concluded on 07 Mar 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹136 - ₹143.

During the bidding window, Sona Machinery Limited witnessed heavy demand with an overall subscription of 254.37 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Sona Machinery Limited officially debuted on the stock exchanges on 13 Mar 2024 at an opening listing price of ₹125, delivering a listing day return of -12.59% (discount) over the final issue price. As per the latest market data, the stock trades at ₹193.60, representing an overall gain of +35.38% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Sona Machinery Limited IPO?
The issue price of Sona Machinery Limited IPO was fixed at ₹143 per equity share. The indicative bidding price band was ₹136 - ₹143.
What were the open, close, and listing dates for Sona Machinery Limited IPO?
Sona Machinery Limited IPO opened on 05 Mar 2024, closed on 07 Mar 2024, listed on 13 Mar 2024.
How much was Sona Machinery Limited IPO subscribed?
The IPO received an overall subscription of 254.37 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Sona Machinery Limited IPO?
Sona Machinery Limited IPO listed on the stock exchange at ₹125, delivering a listing discount of 12.59% compared to the IPO issue price of ₹143.
Is Sona Machinery Limited IPO a Mainboard or SME IPO?
Sona Machinery Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Sona Machinery Limited IPO since its IPO?
At the latest market quote of ₹193.60, Sona Machinery Limited IPO has generated an all-time return of +35.38% since its initial public offering.

Related SME IPOs (2024)