Sunita Tools IPO Details ( Sunita Tools Limited IPO Review )
(26 Sep 2023 – 29 Sep 2023)
Sunita Tools Limited was founded in 1988, and it specializes in making mold bases and machine parts for various industries like Automotive, Pharmaceuticals, Electronics, Consumer Goods, and Manufacturing.
The company offers a range of products, including custom-made mold bases, precision CNC machining, plastic mold bases, pocket machining, injection mold bases, precision component machining, mold bases for caps and closures, blow mold bases, standard mold bases, compression mold bases, die casting mold bases, insert mold bases, overmold bases, and prototype mold bases. These products are essential assets used in the Automotive, Heavy Manufacturing, Plastics, Electrical, and Consumer Goods industries.
Sunita Tools operates its manufacturing unit in Vasai, Mumbai, where it can produce large-sized items weighing up to 30 tons, with dimensions ranging from 200×200 mm to 4000×2000 mm.
In terms of revenue, the company achieved ₹666.36 lakhs in Fiscal 2021, ₹873.47 lakhs in Fiscal 2022, and ₹1,384.44 lakhs in Fiscal 2023.
Sunita Tools Limited Company Product
- Custom-made mold bases
- Precision CNC machining
- Plastic mold bases
- Pocket machining
- Injection mold bases
- Precision component machining
- Mold bases for caps and closures
- Blow mold bases
- Standard mold bases
- Compression mold bases
- Die casting mold bases
- Insert mold bases
- Overmold bases
- Prototype mold bases
Sunita Tools Limited IPO Competitive Strength
- Well Experienced Management Team
- Production Quality & well-established Set up
- Long Standing Relation with Customers
- Strategic Location of Unit
Sunita Tools IPO Financials Performance ( Results )
Sunita Tools Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 1,351.82 | 691.50 | 26.66 | 0.68 | -348.02 | -8.86 | -528.52 | 1,334.63 |
| 31-Mar-22 | 1,422.66 | 888.88 | 80.99 | 2.06 | -267.02 | -6.80 | -447.52 | 1,249.16 |
| 31-Mar-23 | 2,537.71 | 1,417.33 | 337.71 | 8.59 | 320.69 | 8.16 | -109.81 | 1,659.96 |
Objective of Sunita Tools IPO Issue
- Funding Working capital requirements
- General Corporate Purpose
Sunita Tools IPO Basic Details
| IPO Date | Sep 26, 2023 to Sep 29, 2023 |
| Listing Date | Tuesday, October 10, 2023 |
| Face Value | ₹10 per share |
| Price | ₹145 per share |
| Lot Size | 1000 Shares |
| Issue Size | 1,520,000 shares of ₹10 (aggregating up to ₹22.04 Cr) |
| Fresh Issue | 1,320,000 shares of ₹10 (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 |
| Company Promoters | Sangeeta Pandey, Sanjay Kumar Pandey, Satish Kumar Pandey and Ragini Pandey |
Sunita Tools IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Sunita Tools IPO Timetable
Sunita Tools IPO will open on September 26, 2023 and close on September 29, 2023. You can join Sunita Tools IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 26 September 2023 (Tuesday) |
| Closing Date | 29 September 2023 (Friday) |
| Basis of Allotment | 5 October 2023 (Thursday) |
| Initiation of Refunds | 6 October 2023 (Friday) |
| Credit of Shares to Demat | 9 October 2023 (Monday) |
| Listing Date | 10 October 2023 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 29 September 2023 |
Sunita Tools IPO Lot Size
For retail investors in Sunita Tools IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹145,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹145,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹145,000 |
| Retail (Max) | 1 | 1000 | ₹145,000 |
| S-HNI (Min) | 2 | 2000 | ₹290,000 |
Sunita Tools IPO Promoter Holding
The company’s promoters include Ms. Sangeeta Pandey, Mr. Sanjay Kumar Pandey, Mr. Satish Kumar Pandey, and Ms. Ragini Pandey.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.97% |
Sunita Tools Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹13.96 per Equity Share |
| Net Asset Value (NAV) | ₹8.16 per Equity Share |
| P/E Ratio (P/E) (x) | 16.88 |
| Return on Net Worth (RoNW) (%) | 105.31 |
| Return on equity (ROE) (%) | 12.59 |
| Return on Capital Employed (ROCE) (%) | 0.38 |
| Debt/Equity Ratio | 5.17 |
Sunita Tools Ltd Peer Comparison
We believe that there is no other listed company which is specifically comparable to us w.r.t our business model, size and financials
Sunita Tools IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 26 September 2023 | ₹50 | – | – |
| 25 September 2023 | ₹50 | – | – |
Sunita Tools IPO Detail Video:
Sunita Tools IPO Subscription Status (Bidding Detail)
The Sunita Tools IPO on September 29, 2023 at 7:30:00 PM was subscribed 13.24 times, with the retail category being subscribed 21.10 times, the other category being subscribed 5.27 times.
| Category | Subscription |
| Other | 5.27x |
| Retail | 21.10x |
| Total | 13.24x |
Sunita Tools IPO Prospectus
| Sunita Tools IPO DRHP | Download |
| Sunita Tools IPO RHP | Download |
| Sunita Tools IPO Anchor Investors Details PDF | Download |
Sunita Tools IPO Rating
| Our Rating | 3.5/5.0 |
Sunita Tools Company Contact Information
Sunita Tools Limited
Registered Office: Survey No. 66, Plot No. A, Valiv, Sativali Road, Vasai East, Palghar, Thane 401208
Tel No.: +91 9136019995
Email: info@sunitatools.com
Website: www.sunitatools.com
Contact Person: Rupal Dedhia, Company Secretary and Compliance Officer.
Our Promoters: Sangeeta Pandey, Sanjay Kumar Pandey, Satish Kumar Pandey and Ragini Pandey
Sunita Tools IPO Registrar
Kfin Technologies Limited
Registered Office: Selenium Tower-B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel No.: +91 40 6716 2222
Email: cpl.ipo@kfintech.com
Website: www.kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Contact Person: M. Murali Krishna
SEBI Registration No.: INR000000221
Sunita Tools IPO Lead Manager
Aryaman Financial Services Limited
Registered Office: 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg
Fort, Mumbai – 400 001
Tel No.: +91 22 6216 6999
Email: ipo@afsl.co.in
Website: www.afsl.co.in
Investor Grievance Email: feedback@afsl.co.in
Contact Person: Vatsal Ganatra/ Rocky Shyamal
SEBI Registration No.: INM000011344
Sunita Tools IPO FAQs
What is the lot size of Sunita Tools IPO?
The total size of Sunita Tools IPO is ₹22.04 crores out of which ₹19.14 crores is fresh issue and ₹2.90 crores is offer for sale (OFS).
When will Sunita Tools IPO start?
Sunita Tools IPO will open from 26 September 2023 and IPO will close on 29 September 2023.
What is the open date of Sunita Tools IPO?
Sunita Tools IPO will open date from 26 September 2023.
What is the last date ( close date ) of Sunita Tools IPO?
Sunita Tools IPO will close from 29 September 2023.
What is the price band of Sunita Tools IPO?
Sunita Tools IPO price band is ₹145.
What is the minimum amount required to apply for Sunita Tools IPO?
The minimum investment for retailers to apply for Sunita Tools IPO is ₹145,000 and the maximum investment is ₹145,000.
What is going on gray market premium of Sunita Tools IPO?
View gray market premium of Sunita Tools IPO by Clicking Here
How much is the GMP of Sunita Tools IPO?
Watch Sunita Tools IPO GMP Today: Click Here
What is the allotment date of Sunita Tools IPO?
The allotment date of Sunita Tools IPO is 5 October 2023.
How to check allotment status in Sunita Tools IPO?
To check the allotment status of Sunita Tools IPO, first of all go to the registrar website by clicking here, select your bad Sunita Tools IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Sunita Tools IPO?
The listing date of Sunita Tools IPO is 10 October 2023.
How much will be the listing gain in Sunita Tools IPO?
View listing gain of Sunita Tools IPO by Clicking Here
How much time Sunita Tools IPO is subscribed?
Total 13.24 times subscribed in Sunita Tools IPO out of which 21.10 times subscription was done in retail quota, 5.27 times subscription in other quota.
How to apply for Sunita Tools IPO from Upstox?
Click Here to see how to apply for Sunita Tools IPO from Upstox. (step by step)
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