Sona Machinery Share Price

Sona Machinery Limited was originally incorporated as a Private Limited Company as 'Sona Machinery Private Limited' on February 12, 2019 with the Registrar of Companies, Delhi. Subsequently, Company converted into a Public Limited and the name was changed from 'Sona Machinery Private Limited' to 'Sona Machinery Limited' dated October 17, 2023 at Delhi. Sona Machinery was the first Indian company to manufacture a slow RPM Whitener for rice mills, reducing breakage and improving yield. They are a diversified agro-processing equipment manufacturer, manufacturing equipments for the processing of rice, pulses, wheat, spices, Barnyard Millet etc. Their services comprise of engineering, erection, supervision, and machine commissioning, delivering a complete end-to-end solution for the milling section. Over the years, it has earned the trust of leading industry names such as: KRBL, Shree Lal Mahal, DD International - Rice processing, Ruchi Soya - Soya processing, RB Agro, Srinivas Dal Mill Pulses & besan processing, Gupta Enterprises - Poppy seed processing. The Promoter, Vasu Naren joined the family business i.e. M/s Sona Foods India in 2015. Starting with the manufacture of a single product in a modest workshop, he steadily expanded into a full range of rice milling machinery. He further sought to bridge the gap created by the rapidly growing demand for advanced milling solutions. By 2019, Company had evolved into a recognized and trusted brand in the rice milling industry. Thereafter, Company started its operations in January, 2021 when it purchased the fixed assets and stock from 'M/s Sona Foods India a proprietorship concern of Narendra Kumar, father of the Promoter, Vasu Naren. Presently, the Company is manufacturing and supplying agro processing equipments under various categories like cleaning, grading, blending, material handling etc. Currently, it operate said manufacturing unit from Ghaziabad, Uttar Pradesh and warehouse for storage of our material and finished goods. The Company raised funds through fresh issue of 51.82 crores by issuing 36,24,000 equity shares of Rs 10 each on March 7,2024.