The Sunita Tools IPO date has been confirmed. The IPO will begin on September 26 and end on September 28. Sunita Tools is a BSE SME IPO that will raise 22.05 crore through the IPO. The price band for the Sunita Tools IPO is set at 145, with a market lot of 1000 shares.
Sunita Tools has been in the engineering and mold-based sectors for over five decades, delivering one-of-a-kind customized solutions to a variety of industries with the goal of meeting tomorrow’s requirements today. They are proud to have been a catalyst in India’s Industrial Revolution and to have distinguished themselves as one of the most dependable Ground Plates, mold Bases, and Precision CNC Machining Companies in India, the United Kingdom (U.K.), the United States of America (U.S.A.), and the United Arab
Emirates (U.A.E.). Their products are required and serve as food for the manufacturing industries, including automotive, pharmaceutical, electronics, consumer goods, and the majority of manufacturing sectors. Mold bases and machining parts are industrial capital items that must pass strict quality testing to fulfill industry requirements before being delivered to our clients.
Sunita Tools manufacturing facility in Vasai, Mumbai, has many strategic advantages. The area in which it is located is a well-developed industrial area, providing easy availability of resources and easy logistics and transportation, which enhances the efficiency of timely delivery as per the convenience of our customers. This location gives a competitive edge over competitors to their business. Their manufacturing facility has the proper infrastructure and availability of labor, Water, and power.
Sunita Tools IPO Date & Price Band Details
| IPO Open: | September 26, 2023 |
| IPO Close: | September 28, 2023 |
| IPO Size: | Approx ₹22.05 Crores, 1,520,400 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹145 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
Objects of the Issue:
- Funding Working capital requirements.
- General Corporate Purpose.
Sunita Tools IPO Review
- To be updated soon
Sunita Tools IPO Market Lot
The Sunita Tools IPO minimum market lot is 1000 shares with a ₹145,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹145,000 |
| Retail Maximum | 1 | 1000 | ₹145,000 |
| S-HNI Minimum | 2 | 2000 | ₹290,000 |
Sunita Tools IPO Dates
The Sunita Tools IPO date is September 26 and the IPO close date is September 28. The IPO allotment date is October 4 and the IPO might list on October 9.
| IPO Open Date: | September 26, 2023 |
| IPO Close Date: | September 28, 2023 |
| Basis of Allotment: | October 4, 2023 |
| Refunds: | October 5, 2023 |
| Credit to Demat Account: | October 6, 2023 |
| IPO Listing Date: | October9, 2023 |
Sunita Tools IPO Form
How to apply Sunita Tools IPO? –> Sunita Tools IPO can be applied for using the ASBA available in your bank account. Simply go in to your online bank account and apply through your bank account by selecting the Sunita Tools IPO in the Invest section. The alternative option is to apply for Sunita Tools IPO using IPO forms downloaded from the BSE website. Examine the Sunita Tools forms.
Sunita Tools Company Financial Report
| Year(₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2021 | ₹6.92 | ₹6.64 | ₹0.27 |
| 2022 | ₹8.89 | ₹8.08 | ₹0.81 |
| 2023 | ₹14.17 | ₹10.81 | ₹3.38 |
Sunita Tools IPO Valuation – FY2023
Check Sunita Tools IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹13.96 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 105.31% |
| Net Asset Value (NAV): | ₹13.25 per Equity Share |
Peer Group
- NA
Sunita Tools IPO Lead Managers aka Merchant Bankers
- Aryaman Financial Services Limited
Sunita Tools IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: cpl.ipo@kfintech.com
Website: https://kosmic.kfintech.com
Company Address
Sunita Tools Limited
Survey No. 66, Plot No. A,
Valiv, Sativali Road, Vasai East,
Palghar, Thane – 401208
Phone: +91 9136019995
Email: info@sunitatools.com
Website: http://www.sunitatools.com
Company Promoters
- Ms. Sangeeta Pandey
- Mr. Sanjay Kumar Pandey
- Mr. Satish Kumar Pandey
- Ms. Ragini Pandey
Sunita Tools IPO FAQs:
Q1. What is Sunita Tools IPO?
Ans. Sunita Tools IPO is an BSE SME IPO. They are going to raise ₹22.05 Crores via IPO. The issue is priced at ₹145 per equity share. The IPO is to be listed on BSE.
Q2. When Sunita Tools IPO will open?
Ans. The IPO is to open on September 26, 2023 for QIB, NII, and Retail Investors.
Q3. What is Sunita Tools IPO Investors Portion?
Ans. The investors’ portion for NII is 50%, and Retail is 50%.
Q4. How to Apply the Sunita Tools IPO?
Ans. You can apply Sunita Tools IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Sunita Tools IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sunita Tools”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Sunita Tools IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sunita Tools”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Sunita Tools IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sunita Tools”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Sunita Tools IPO Size?
Ans. Sunita Tools IPO size is ₹22.05 crores.
Q9. What is Sunita Tools IPO Price Band?
Ans. Sunita Tools IPO Price Band is ₹145 per equity share.
Q10. What is Sunita Tools IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1000 shares with ₹145,000.
Q11. What is Sunita Tools IPO Allotment Date?
Ans. Sunita Tools IPO allotment date is October 4, 2023.
Q12. What is Sunita Tools IPO Listing Date?
Ans. Sunita Tools IPO listing date is October 9, 2023. The IPO to list on BSE SME.
