Sunita Tools Limited manufactures mold base and machining parts for Automotive, Pharmaceutical, Electronics, Consumer Goods, and Manufacturing Sectors.
The company manufactures Customized Mould Bases, Precision Finish CNC Machining, Plastic Mould Bases, Pocket Machining, Injection Mould Bases, Precision Component Machining, Mould Bases For Caps and closures, Blow Mould Bases, Standard Mould Bases, Compression Mould bases, Die Casting Mould Bases, Insert Mould Bases, Over mold Bases, and Prototype Mould Bases.
The company’s products are used as Capital Assets as inputs in following industries:
- Automotive Industry
- Heavy Manufacturing
- Industry Plastics Industry
- Electrical Industry
- Consumer Goods Industry
Sunita Tools’ manufacturing unit is located in Vasai, Mumbai, with a capacity to produce large dimensional products ranging from 200*200 mm to 4000*2000 mm up to 30 tones in weight.
Sunita Tools IPO – Details
| IPO Opening Date | 26 September 2023 |
| IPO Closing Date | 03 October 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 15,20,400 Shares Worth ₹22.05 Crore Fresh Issue: 13,20,000 Shares Worth ₹19.14 Crore Offer For Sale: 2,00,400 Shares Worth ₹2.91 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹145 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Kfin Technologies Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Sunita Tools IPO – Date Schedule
| IPO Open Date | 26 September 2023 |
| IPO Close Date | 03 October 2023 |
| Basis of Allotment | 06 October 2023 |
| Initiation of Refund | 09 October 2023 |
| Credit of Shares to Demat Account | 10 October 2023 |
| IPO Listing Date | 11 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 03, 2023 |
Sunita Tools IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | 1,45,000 |
| Retail (Maximum) | 1 | 1000 | 1,45,000 |
| HNI (Minimum) | 2 | 2000 | 2,90,000 |
Competitive Strengths
- Strategic Location of Unit.
- Experienced Promoters and team.
- Strong Financial Performance.
- Long standing relationship with Customers.
Company Promoters
- Sangeeta Pandey
- Sanjay Kumar Pandey
- Satish Kumar Pandey
- Ragini Pandey
Object Of The Issue
- Funding Working capital requirements.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 6.91 | 6.64 | 0.27 | 13.35 |
| 31 March 2022 | 8.89 | 8.08 | 0.81 | 12.49 |
| 31 March 2023 | 14.17 | 10.80 | 3.38 | 16.60 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 16.88 |
| ROE | 12.59 |
| ROCE | 0.38 |
| Debt/Equity | 5.17 |
| EPS (Rs) | 13.96 |
| RoNW | 105.31 |
Sunita Tools IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.97% |
Sunita Tools IPO Prospectus
Company Contact Information
| 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/index.php |
Sunita Tools IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: cpl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Sunita Tools IPO Lead Manager(s)
| 1. Aryaman Financial Services Limited |
Sunita Tools IPO FAQs
| What is Sunita Tools IPO? Sunita Tools IPO is a SME IPO. The issue is priced at ₹145 per equity share. The IPO is to be listed on BSE SME. |
| When Sunita Tools IPO will open? The IPO is to open on 26 September 2023 for Other – 50% and Retail – 50% Investors. |
| How to Sunita Tools IPO? 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. |
| How to Apply the Sunita Tools IPO through 5 Paisa? Log in to 5 Paisa 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 5 Paisa. |
| How to Apply the Sunita Tools IPO through Edelweiss? Log in to Angle One 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 Edelweiss. |
| What is Sunita Tools IPO Size? Sunita Tools IPO size is ₹22.05 crores. |
| What is Sunita Tools IPO Price Band? Sunita Tools IPO Price Band is ₹145. |
| What is Sunita Tools IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,45,000 amount while the maximum bid is 1000 shares with ₹1,45,000 . |
| What is the Sunita Tools IPO Allotment Date? Sunita Tools IPO allotment date is 06 October 2023. |
| What is the Sunita Tools IPO Listing Date? Sunita Tools IPO listing date is 11 October 2023. The IPO is to list on BSE SME. |
