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Sona Machinery share price: Sona Machinery lists with 13% discount on NSE SME platform

Sona Machinery shares debut on NSE SME at Rs 125 (12.6% discount from Rs 143 offer price). IPO was subscribed 254 times, to raise Rs 52 crore. The diversified company manufactures agro-processing equipment including Grains Pre-Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, and Stone Separator. ....

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Sona Machinery makes weak market debut, lists at 12% discount on NSE SME

Of the proceeds, Sona Machinery plans to allocate Rs 28.91 crore for establishing a new manufacturing unit at Ghaziabad and Rs 2 crore for repaying the outstanding amount of the letter of credit. ....

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