Sona Machinery Limited

Founded in 2019 and headquartered in Delhi, India.

2019 | Delhi (India) | Active
Last Updated: December 25, 2024

Sona Machinery Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 13.72 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.22 Cr
  • Revenue Growth 634.43%
  • Profit Growth 1267.46%
  • Ebitda 972.11%
  • Net Worth 974.89%
  • Total Assets 107.57%

About Sona Machinery

Sona Machinery Limited (SML) is a Public Limited Indian Non-Government Company incorporated in India on 12 February 2019 (Five years and 11 months 21 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.72 Cr.

The company currently has active open charges totaling ₹4.22 Cr.

The Key Managerial Personnel (KMP) at Sona Machinery Limited India are Shweta Baisla as CFO and Supriya as Company Secretary.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L29256DL2019PLC345856

  • Company No.

    345856

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2019

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Sona Machinery Limited offer?

Sona Machinery Limited offers a wide range of products and services, including Food Grains & Nut Processing Machine, Rice Mill Machinery, Separators, Strainers & Purifiers, Separating Machine, Destoner, Grain Processing Machines, Petrochemical Refineries, Fuel Ethanol Plant, Grain Pre-Cleaner, Rice Destoner.

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

Executive Team (3)

Name Designation Appointment Date Status
Vasu Country flag representing In Managing Director 12-Feb-2019 Current
Shweta Baisla CFO 17-Nov-2023 Current
Supriya Country flag representing In Company Secretary 22-Sep-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Shweta Baisla Country flag representing In Whole-Time Director 07-Jul-2022 Current
Preet Kumar Country flag representing In Director 06-Nov-2023 Current
Akash Bansal Director 20-Jan-2024 Current
Naman Jain Country flag representing In Director 06-Nov-2023 Current

Financial Performance 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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(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%

What is the Ownership and Shareholding Structure of Sona Machinery?

In 2023, Sona Machinery had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.22 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 1.88 Cr
  • Yes Bank Limited : 1.16 Cr
  • Others : 1.00 Cr
  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
18 Nov 2024 Others ₹1.00 Cr Open
27 Sep 2024 Sidbi ₹1.88 Cr Open
13 Oct 2023 Yes Bank Limited ₹5.75 M Open
13 Oct 2023 Yes Bank Limited ₹2.94 M Open
02 Dec 2022 Yes Bank Limited ₹2.95 M Open

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sona Machinery, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sona Machinery's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sona Machinery

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101011940 was registered on 18 Nov 2024.

    18 Nov 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.88 Cr with Charge ID 100994980 was registered on 27 Sep 2024.

    27 Sep 2024

  • Annual General Meeting

    Sona Machinery Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Sona Machinery Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • 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 1 year 12 days .

    20 Jan 2024

  • Director Appointment

    Shweta Baisla was appointed as a Cfo was appointed as a Cfo on 17 Nov 2023 & has been associated with this company since 1 year 2 months .

    17 Nov 2023

Recent News, Updates & Announcement

  • News icon
    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 agro-processing equipment manufacturer for Rice mills & Ethanol distilleries. The company is going to become public as it has announced to raise Rs 51.82 crores via an initial public offering (IPO) by issuing entirely a fresh issue of 36.24 lakh shares.For its SME Initial Public Offering (IPO), Sona Machinery Limited has established a price band of Rs 136 to Rs 143 per share. The company’s shares will be listed on the NSE Emerge, with a projected listing date of Wednesday, March 13, 2024.Hem Securities Limited is the book running lead manager of the Sona Machinery IPO, while Maashitla Securities Private Limited is the Registrar for the issue.The 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 purposes.On 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 segment.Retail investors need to contribute a minimum of Rs 1.43 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 2,86 lakh at upper price band.Sona Machinery Limited’s revenue increased by 81.88% and profit after tax (PAT) rose by 135.35% between the financial year ending with March 31, 2023 and March 31, 2022. For the 8-Month period ended 30th November 2023 they have an EBITDA margin of 15.11% with a PAT margin of 10.32%The company has 3 diversified revenue verticals viz Complete projects for rice mills, Equipment manufacturing & Services. The company manufactures equipment's 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 etc.Sona Machinery’s service offering includes engineering, installation, supervision and machine commissioning, providing solution for grain-based ethanol distilleries, ranging from grain unloading to   milling. The Company also caters to setting-up 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 90,729 sq. ft.Sona Machinery's manufacturing facility is located in Ghaziabad, Uttar Pradesh, with a total area of approximately 52,205 sq. ft. and a warehouse for storage of material and finished goods. As of September 30, 2023, the company employed around 390 employees, including semi-skilled workers at various levels of the organization.If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor.

    04 Mar 2024 Lokmat News

  • News icon
    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
    • Shweta Baisla
    • Preet Kumar
    • Akash Kumar Bansal
    • Shweta Baisla
    • Supriya
    • Naman Jain
  • 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 ₹ 4.22 Cr.

  • The most recent Balance Sheet for Sona Machinery Limited was filed with the ROC on 31 Mar 2024.

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