Sunita Tools Limited (BSE SME)
September 26, 2023 – October 3, 2023
| Price | ₹145 - ₹145 |
| Premium | ₹20 |
|---|---|
| Lot size | 1000 |
| Allotment | Oct 6, 2023 |
| Listing | Oct 11, 2023 |
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
Last updated on 03 Oct 2023 | 05:53:54 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 7,21,000 | 39,61,000 | 5.49 |
| Retail | 7,21,000 | 1,52,11,000 | 21.1 |
| Total | 14,42,000 | 1,91,72,000 | 13.3 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 145000 | 0 |
| HNI | 2 | 2000 | 290000 | 0 |
Incorporated in 1988, 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 the Automotive Industry, Heavy Manufacturing, Industry Plastics Industry, Electrical Industry, and 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.
The company recorded ₹ 666.36 lakhs in Fiscal 2021, ₹ 873.47 lakhs in fiscal 2022, and ₹ 1,384.44 lakhs in Fiscal 2023 in revenue from operations respectively.
Sunita Tools IPO Details
| Issue Size | 1,520,000 shares (aggregating up to ₹22.04 Cr) |
| Fresh Issue | 1,320,000 shares (aggregating up to ₹19.14 Cr) |
| Offer for Sale | 200,000 shares of ₹10 (aggregating up to ₹2.90 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 4,305,000 |
| Share holding post issue | 5,625,000 |
| Market Maker portion | 78,000 shares Ss Corporate Securities |
Sunita Tools IPO Reservation
| Other Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
Company Financials
| Period | Mar 2021 | Mar 2022 | Mar 2023 |
| Assets | 1,351.82 | 1,422.66 | 2,537.71 |
| Revenue | 691.50 | 888.88 | 1,417.33 |
| Profit | 26.66 | 80.99 | 337.71 |
| Net Worth | -348.02 | -267.02 | 320.69 |
| Reserves | -528.52 | -447.52 | -109.81 |
| Borrowing | 1,334.63 | 1,249.16 | 1,659.96 |