Sona Machinery Limited logo

Sona Machinery Limited

Founded in 2019 headquartered in Delhi, India.
2019 | North West Delhi, Delhi (India) | Active

Last Updated:

July 11, 2024
HomeCompanySona Machinery Limited

Who are the key members and board of directors at Sona Machinery?

Executive Team (3)

NameDesignationAppointment DateStatus
Vasu InManaging Director12-Feb-2019Current
Shweta BaislaCFO01-Nov-2023Current
Supriya InCompany Secretary13-Sep-2023Current

Board Members(4)

NameDesignationAppointment DateStatus
Naman Jain In Director 06-Nov-2023Current
Shweta Baisla In Whole-Time Director 06-Nov-2023Current
Preet Kumar In Director 06-Nov-2023Current
Akash Bansal Director 20-Jan-2024Current

Financial Performance and Corporate Structure Insights of Sona Machinery.

Sona Machinery Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 634.43% increase. The company also saw a substantial improvement in profitability, with a 1267.46% increase in profit. The company's net worth Soared by an impressive increase of 974.89%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
634.43%
Revenue from Operations
634.59%
Total Assets
107.57%
Profit or Loss
1267.46%
Net Worth
974.89%
EBITDA
972.11%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹1.34 Cr

LenderAmountStatus

Yes Bank Limited

Creation Date: 13 Oct 2023
₹5.75 MOpen

Yes Bank Limited

Creation Date: 13 Oct 2023
₹2.94 MOpen

Yes Bank Limited

Creation Date: 02 Dec 2022
₹2.95 MOpen

How Many Employees Work at Sona Machinery?

Sona Machinery has a workforce of 338 employees as of May 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Sona Machinery

Recent activity within the organization

  • Director Appointment

    Akash Kumar Bansal was appointed as a Director was appointed as a Director on 20 Jan 2024 & has been associated with this company since 11 months 1 day .

    20 Jan 2024

  • Director Appointment

    Naman Jain was appointed as a Director was appointed as a Director on 06 Nov 2023 & has been associated with this company since 1 year 1 month .

    06 Nov 2023

  • Director Appointment

    Shweta Baisla was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Nov 2023 & has been associated with this company since 1 year 1 month .

    06 Nov 2023

  • Director Appointment

    Preet Kumar was appointed as a Director was appointed as a Director on 06 Nov 2023 & has been associated with this company since 1 year 1 month .

    06 Nov 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.57 Cr with Charge ID 100797896 was registered on 13 Oct 2023.

    13 Oct 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100797897 was registered on 13 Oct 2023.

    13 Oct 2023

Recent News, Updates & Announcement

  • news
    Sona Machinery Limited IPO To Open On 5th March Sets Price Band At Rs 136 to Rs 143 Per Share.

    New Delhi India March 4 Sona Machinery Limited is a diversified agroprocessing equipment manufacturer for Rice mills Ethanol distilleries The company is going to become public as it has announced to raise Rs 5182 crores via an initial public offering IPO by issuing entirely a fresh issue of 3624 lakh sharesFor its SME Initial Public Offering IPO Sona Machinery Limited has established a price band of Rs 136 to Rs 143 per share The companys shares will be listed on the NSE Emerge with a projected listing date of Wednesday March 13 2024Hem Securities Limited is the book running lead manager of the Sona Machinery IPO while Maashitla Securities Private Limited is the Registrar for the issueThe issue proceeds will be utilized in funding capital expenditure requirements of the company towards setting up a new manufacturing unit at Ghaziabad Along with repayment of the outstanding amount of the Letter of Credit availed by the company for the purchase of machinery and general corporate purposesOn Monday March 11 2024 the shares for Sona Machinery IPO are anticipated to be allotted and on Wednesday March 13 2024 the shares will be credited to the demat account of the allottees The IPO comprises 50 of the net issue for QIB 35 for retail investors and 15 of the net issue for the NII segmentRetail investors need to contribute a minimum of Rs 143 lakh considering the minimum lot size for an application is 1000 shares For HNIs the minimum bidding size is two lots or 2000 shares for a total investment of Rs 286 lakh at upper price bandSona Machinery Limiteds revenue increased by 8188 and profit after tax PAT rose by 13535 between the financial year ending with March 31 2023 and March 31 2022 For the 8Month period ended 30th November 2023 they have an EBITDA margin of 1511 with a PAT margin of 1032The company has 3 diversified revenue verticals viz Complete projects for rice mills Equipment manufacturing Services The company manufactures equipments for cleaning grading blending material handling categories to process Rice Pulses Wheat Spices Barnyard Millet which contributes 80 of revenue Their products are sold PAN India exported to Nigeria Bangladesh Kenya Nepal etcSona Machinerys service offering includes engineering installation supervision and machine commissioning providing solution for grainbased ethanol distilleries ranging from grain unloading to   milling The Company also caters to settingup of complete Rice Mill Projects as well as processing of other grains like pulses wheat spices millet etc The company is also constructing a new factory in Ghaziabad on a land area of 90729 sq ftSona Machinerys manufacturing facility is located in Ghaziabad Uttar Pradesh with a total area of approximately 52205 sq ft and a warehouse for storage of material and finished goods As of September 30 2023 the company employed around 390 employees including semiskilled workers at various levels of the organizationIf you have any objection to this press release content kindly contact prerrorrectificationgmailcom to notify us We will respond and rectify the situation in the next 24 hoursDisclaimer This post has been autopublished from an agency feed without any modifications to the text and has not been reviewed by an editor.

    04 Mar 2024 Lokmat News

  • news
    Sona Machinery Ltd set to launch IPO on NSE Emerge.

    04 Dec 2023 Asian News International

Frequently asked questions

  • Sona Machinery Limited was incorporated on 12 Feb 2019.

  • The authorized share capital of Sona Machinery Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.72 Cr.

  • Currently 7 directors are associated with Sona Machinery Limited.

    • Vasu
    • Naman Jain
    • Shweta Baisla
    • Preet Kumar
    • Akash Kumar Bansal
    • Shweta Baisla
    • Supriya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sona Machinery Limited is 701 7Th Floor Klj Tower Plot No. B-5 Netaji Subhash Place India, Delhi, 110034.

  • The corporate identification number (CIN) of Sona Machinery Limited is L29256DL2019PLC345856 and the company number is 345856 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sona Machinery Limited is https://www.sonamachinery.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sona Machinery Limited has risen by 634.43%.

  • As Per 2022 financial reports, 338 employees are currently employed by Sona Machinery Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sona Machinery Limited has experienced an upsurge of 974.89%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sona Machinery Limited amount to ₹ 1.34 Cr.

  • The most recent Balance Sheet for Sona Machinery Limited was filed with the ROC on 31 Mar 2023.

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