Sona Machinery SME IPO allotment: Check status, GMP, other details
On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.
Here's how you can check the status on NSE:
Step 1: Visit the NSE Website
Step 2: Please select the issue name, that is the company's name in the drop down.
Step 3: Enter the application number or PAN number to check the allotment status.
The allotment status can also be checked by visiting the official website of the registrar to the issue which is Maashitla Securities in this case.
Step 1: Visit the IPO Allotment Status page on MAS Services website
Step 2: Select IPO from the dropdown
Step 3: Put Application number and enter captcha and 'Submit'.
Sona Machinery IPO subscription status
The IPO of the company, which opened for subscription on Tuesday, was subscribed over 254 times as of the final day.
The issue received cumulative bids for 65.9 crore shares, against 25,92,000 shares on offer.
The retail portion of the issue got bids for 28.3 crore shares, while the non-institutional category (NII) category got bids for 28.7 crore shares. The quota for qualified institutional buyers (QIBs) got bids for 8.92 crore shares.
The IPO is entirely a fresh equity issue of 36.24 lakh shares and through the issue, the company aims to raise Rs 52 crore.
The company is offering its shares at Rs 136-143 apiece, and investors can bid for 1,000
shares in 1 lot.
Sona Machinery IPO GMP
In the unlisted market, the company's shares were trading at a significant premium of Rs 115. This compares with an
