Sunrays Engineers Limited
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Sunrays Engineers Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of 32,64,000 Shares. The offering comprises a fresh issue component of 32,64,000 Shares.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE exchange.
Incorporated in 2005, Sunrays Engineers Limited manufactures customized aluminium high-pressure die-cast (HPDC) components for automotive and non-automotive applications. With nearly two decades of experience, the company produces precision components based on customer-provided designs and specifications, serving OEMs in various sectors. Its automotive products include vacuum brake parts, air suction valves for two-wheelers, oil filters, gear shift components, and other engine parts, while its non-automotive offerings include engine and genset components, streetlight and outdoor lighting heat sinks, and other engineering products. The company operates two manufacturing facilities and one warehouse in Sector-8, IMT Manesar, Gurugram, Haryana, and as of December 31, 2025, employed 102 people.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Diverse Engineering Services: Provides solutions in mechanical, electrical, and industrial engineering, catering to multiple sectors which reduces reliance on a single industry.
- Established Client Relationships: Long-standing presence and experience help maintain trust and repeat business from industrial clients.
- Growth Potential: Opportunities to expand into new industrial projects and services can drive revenue growth.
- Capital Intensive Operations: Requires continuous investment in machinery, equipment, and working capital.
- Cyclical Industry Exposure: Performance depends on industrial demand and project cycles, which can fluctuate.
- Competitive Market: Faces competition from other engineering service providers, impacting pricing and margins.
- Anmol Ratan Arora
- Lily Arora
- Richa Ratan Arora
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