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15 Days Price Change

Sona Machinery IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 136  to  143 per share
Profile
Min Investment ₹143
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Sona Machinery Ltd is a leading industrial equipment manufacturer specializing in innovative solutions for diverse sectors. With a global presence, the company is renowned for its cutting-edge machinery and technology, catering to the evolving needs of industries such as manufacturing, agriculture, and construction. Sona Machinery excels in producing high-quality equipment, ranging from precision machinery to heavy-duty industrial tools. The company is committed to sustainability, incorporating eco-friendly practices in its production processes. Known for its reliability and customer-centric approach, Sona Machinery Ltd continues to be a trusted partner for businesses seeking efficient and advanced solutions in the ever-changing landscape of industrial machinery. Read More

Basic Info

Face Value 10 per share

Price 136  to  143 per share

P/E (x) 51.1

Sales( Cr.) 95

PAT( Cr.) 4

EPS 2.8

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Mr. Vasu Naren Ms. Shweta Baisla

Pre Issue Share Holding 100%

Post Issue Share Holding 43.06%

Listing Details:

Listing Price: 125

Listing Gain: -14.4%

Current Price: 40

Gain On Issue: 40 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Mar 05, 2024
Closing Date Mar 07, 2024
Allotment Mar 08, 2024
Refund Mar 11, 2024
Delivery of Shares Mar 11, 2024
Listing Date Mar 12, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1000 143,000
Retail (Max) 1 1000 143,000
S-HNI (Min) 2 2000 286,000
S-HNI (Max) 6 6000 858,000
B-HNI (Min) 7 7000 1,001,000

Objective of the Issue

1. Funding the Capital Expenditure requirements of the company towards setting up a new manufacturing unit at Ghaziabad. 2. Repayment of the outstanding amount of the Letter of Credit availed by the company for the purchase of machinery. 3. General Corporate Purpose

Issue

Category Nos Bid Bid (x)
QIB 1812000 235052640 129.7x
NII 543600 301382712 554.4x
Retail 1268400 298150104 235.1x
EMP 0 0 0x
Total 3624000 991164000 273.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Sona Machinery Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 6 45 81 95 95
Other Income 0 0 0 0 1
Total Income 6 45 81 96 96
Total Expenditure 6 39 69 80 89
Operating Profit 0 5 12 15 7
Interest 0 0 1 0 0
Depreciation 0 1 1 1 2
Exceptional Income / Expenses 0 0 -0 0 0
Profit Before Tax 0 5 11 14 5
Provision for Tax 0 1 3 4 1
Profit After Tax 0 3 8 10 4
Adjustments 0 0 0 0 0
Profit After Adjustments 0 3 8 10 4
Adjusted Earnings Per Share 0.3 3.3 7.6 7.6 2.8

Sona Machinery Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 0 4 11 65 69
Minority's Interest 0 0 0 0 0
Borrowings 0 0 1 0 1
Other Non-Current Liabilities -0 0 0 -0 -0
Total Current Liabilities 7 11 16 20 25
Total Liabilities 7 15 28 86 95
Fixed Assets 3 3 4 7 29
Other Non-Current Assets 0 0 4 3 2
Total Current Assets 5 12 20 75 63
Total Assets 7 15 28 86 95

Sona Machinery Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 2 7 46
Cash Flow from Operating Activities 3 -1 12 -0 -19
Cash Flow from Investing Activities -3 -1 -6 -2 -23
Cash Flow from Financing Activities 0 2 -0 42 1
Net Cash Inflow / Outflow 0 1 5 39 -40
Closing Cash & Cash Equivalent 1 2 7 46 6

Sona Machinery Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.28 3.27 7.6 7.63 2.81
CEPS(Rs) 0.39 3.91 8.48 8.51 4.13
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 0.38 3.64 11.2 46.96 50.13
Core EBITDA Margin(%) 6.69 11.97 14.62 15.78 6.6
EBIT Margin(%) 5.13 10.55 13.65 14.96 5.79
Pre Tax Margin(%) 5.13 10.37 13 14.77 5.57
PAT Margin (%) 4.67 7.41 9.48 10.98 4.06
Cash Profit Margin (%) 6.59 8.86 10.58 12.25 5.98
ROA(%) 3.87 29.4 35.36 18.39 4.27
ROE(%) 74.42 162.63 102.45 27.63 5.78
ROCE(%) 81.72 146.26 111.16 35.99 8.04
Receivable days 69.06 22.72 23.3 29.63 44.95
Inventory Days 99.15 14.52 16.16 33.49 67.12
Payable days 450.22 64.82 52.11 68.75 74.16
PER(x) 0 0 0 16.66 28.2
Price/Book(x) 0 0 0 2.71 1.58
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) -0.08 0.02 -0.05 1.36 1.11
EV/Core EBITDA(x) -1.13 0.17 -0.33 8.4 14.42
Net Sales Growth(%) 0 636.79 81.88 17.7 -0.4
EBIT Growth(%) 0 1416.13 135.19 29.05 -61.47
PAT Growth(%) 0 1069.45 132.67 36.32 -63.21
EPS Growth(%) 0 1069.45 132.67 0.32 -63.21
Debt/Equity(x) 0 0.64 0.22 0.02 0.04
Current Ratio(x) 0.67 1.11 1.28 3.82 2.54
Quick Ratio(x) 0.44 0.94 0.94 3.2 1.62
Interest Cover(x) 1549.5 58.51 21.16 76.96 26.4
Total Debt/Mcap(x) 0 0 0 0.01 0.02

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 28% 0% 0%
Operating Profit CAGR -53% 12% 0% 0%
PAT CAGR -60% 10% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -60% NA% NA% NA%
ROE Average 6% 45% 75% 75%
ROCE Average 8% 52% 77% 77%

Company Contact Information

Sona Machinery Ltd.

228 3rd Floor, State Bank Nagar Paschim Vihar-1 West Delhi

IPO Lead Manager(s)

Sona Machinery Ltd.

Hem Securities Ltd.

Registrar Info

Sona Machinery Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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