Sunita Tools Limited

Offer PeriodSep 26, 2023 – Oct 03, 2023

BSE - SMEListed

Listed Price

₹155.00

+6.90%

Price Band₹145 - ₹145

Lot Size1,000 Shares

Allotment DateOct 06, 2023

Listing DateOct 11, 2023

Subscription13.3 Times

Issue Size₹22.04 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹20
(13.79%)

Premium (ELP)

Sunita Tools Limited's successfully transitioned to public market status with its listing on BSE on Oct 11, 2023. The IPO mobilized 15,20,000 Shares in cumulative capital, including 13,20,000 Shares for corporate expansion and ₹2.90 Cr for shareholder liquidity management.

The public offering was conducted within the price parameters of ₹145 to ₹145, with minimum investment lots of 1000 shares. subscription activity between Sep 26, 2023 and Oct 03, 2023 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on Oct 06, 2023, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

Sunita Tools IPO Details

IPO Date

Sep 26, 2023 to Oct 03, 2023

Allotment Date

Oct 06, 2023

List Date

Oct 11, 2023

Lot Size

1,000 share

Issue Price

₹145 - ₹145

Issue Size

15,20,000 (aggregating up to 22.04 Cr)

Fresh Issue

13,20,000 (aggregating up to 19.14 Cr)

Offer For Sale

2,00,000 (aggregating up to 2.90 Cr)

Listing At

BSE

Share Holding Pre-Issue

43,05,000

Share Holding Post-Issue

56,25,000

Market Marker Portion

78,000

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	1000	1,45,000
HNI	2	2000	2,90,000

IPO Reservation

Shares15,20,000

Retail

47.43%(7,21,000)

NII(HNI)

47.43%(7,21,000)

Market Maker

5.13%(78,000)

Total

100.00%(15,20,000)

Sunita Tools IPO Key Performance Indicators

KPI	Values

KPI	Values
EPS	13.96
ROE	12.59
ROCE	0.38
RONW	105.31
PRE IPO(PE)	16.88
POST IPO(PE)	24.17

Company Financials (In Lakhs.)

Period Ended	Mar 2021	Mar 2022	Mar 2023

Period Ended	Mar 2021	Mar 2022	Mar 2023
Assets	1,351.82	1,422.66	2,537.71
Revenue	691.50	888.88	1,417.33
Net Worth	-348.02	-267.02	320.69
profit After Tax	26.66	80.99	337.71
Reserves And Surpluse	-528.52	-447.52	-109.81
Total Borrowing	1,334.63	1,249.16	1,659.96

Sunita Tools IPO About Company

Incorporated in 1988, Sunita Tools Limited manufactures customized mold bases and precision machining parts used across automotive, pharmaceutical, electronics, consumer goods, and manufacturing sectors. The company’s product range includes CNC machining, injection mould bases, blow mould bases, die casting mould bases, prototype mould bases, and other specialized mould components that serve as capital assets for multiple industries. Sunita Tools operates a manufacturing unit in Vasai, Mumbai, capable of producing large-dimension products up to 4000×2000 mm and 30 tonnes. The company has shown consistent growth, with revenue from operations rising from ₹666.36 lakhs in FY21 to ₹873.47 lakhs in FY22 and further to ₹1,384.44 lakhs in FY23.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Sunita Tools IPO Strength Factors

⚠️Sunita Tools IPO Risk Factors

🏦Sunita Tools IPO Lead Manager(s)

Aryaman Financial Services Limited

👤Sunita Tools IPO Promoter(s)

Ms. Sangeeta Pandey
Mr. Sanjay Kumar Pandey
Mr. Satish Kumar Pandey
Ms. Ragini Pandey

🏢Sunita Tools IPO Company Details

Sunita Tools Limited

Email:info@sunitatools.com

Phone:+91 9136019995

Website:http://www.sunitatools.com/index.php

address:Survey No. 66, Plot No. A, Valiv, Sativali Road, Vasai East, Palghar, Thane - 401208

📋Sunita Tools IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited

Phone:04067162222

Email:cpl.ipo@kfintech.com

Website:https://kosmic.kfintech.com/ipostatus/

❓Sunita Tools IPO FAQs

Sunita Tools IPO is a main-board IPO of 13,20,000 equity shares of the face value of ₹10 Per Equity Share aggregating up to ₹2.90 crore shares. The issue is priced at ₹145 - ₹145 per share. The minimum order quantity is .The IPO opens on Sep 26, 2023, and closes on Oct 03, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Sunita Tools IPO using UPI as a payment gateway. Zerodha customers can apply in Sunita Tools IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Sunita Tools IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Sunita Tools IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Sunita Tools IPO opens on Sep 26, 2023 and closes on Oct 03, 2023.

You can apply in Sunita Tools IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Sunita Tools IPO will be done on Oct 06, 2023, and the allotted shares will be credited to your demat account by Oct 06, 2023

Sunita Tools IPO's listing date is Oct 11, 2023.

Sunita Tools Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹20(13.79%)

Premium (ELP)

₹20
(13.79%)