The Sunita Tools Limited IPO is a fixed-price offering of 15.2 lakh shares. This offering is made up of 13.2 lakh new issue shares and 2 lakh shares for sale.
The exact dates and price bands for the Sunita Tools IPO have yet to be announced.
Aryaman Financial Services Limited has been appointed as the book running lead manager for the Sunita Tools IPO, with Kfin Technologies Limited serving as the registrar for the issue.
For detailed information, please refer to the Sunita Tools IPO DRHP (Draft Red Herring Prospectus).
Sunita Tools IPO Details #
| IPO Date | to |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | [.] per share |
| Lot Size | |
| Total Issue Size | 1,520,400 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | 1,320,000 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | 200,400 shares of ₹10 (aggregating up to ₹[.] 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 |
Sunita Tools IPO Reservation #
| Other Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
Sunita Tools IPO Promoter Holding #
Ms. Sangeeta Pandey, Mr. Sanjay Kumar Pandey, Mr. Satish Kumar Pandey, and Ms. Ragini Pandey are the company’s promoters.
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 72.97% |
About Sunita Tools IPO #
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.
Company Financials #
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,351.82 | 1,422.66 | 2,537.71 |
| Revenue | 691.50 | 888.88 | 1,417.33 |
| Profit After Tax | 26.66 | 80.99 | 337.71 |
| Net Worth | -348.02 | -267.02 | 320.69 |
| Reserves and Surplus | -528.52 | -447.52 | -109.81 |
| Total Borrowing | 1,334.63 | 1,249.16 | 1,659.96 |
Key Performance Indicator #
| KPI | Values |
|---|---|
| ROE | 12.59% |
| ROCE | 0.38% |
| Debt/Equity | 5.17 |
| EPS (Rs) | 13.96 |
| RoNW | 105.31% |
Objects of the Issue (Sunita Tools IPO Objectives) #
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding Working capital requirements.
- General Corporate Purpose.
Sunita Tools IPO Prospectus #
IPO Contact Details #
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 #
Phone: 04067162222, 04079611000
Email: cpl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Sunita Tools IPO – Buy or Not #
Sunita Tools IPO Recommendation Summary
| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 0 | 0 | 0 |
| Members | 0 | 0 | 0 |
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Sunita Tools Limited IPO Lead Manager(s) #
FAQs #
When is the IPO planned to take place? #
The exact dates for the Sunita Tools IPO, as well as the price ranges, have yet to be announced. Investors should stay up to speed on official sources for this information.
How many shares are included in the Sunita Tools IPO? #
The Sunita Tools IPO comprises a total of 15.2 lakh shares, consisting of 13.2 lakh fresh issue shares and 2 lakh shares offered for sale.
Who are the promoters of Sunita Tools Limited? #
The promoters of Sunita Tools Limited are Ms. Sangeeta Pandey, Mr. Sanjay Kumar Pandey, Mr. Satish Kumar Pandey, and Ms. Ragini Pandey.
What are the key products manufactured by Sunita Tools Limited? #
Sunita Tools Limited specializes in manufacturing mold base and machining parts used in various industries, including Automotive, Pharmaceutical, Electronics, Consumer Goods, and Manufacturing Sectors.
What is the capacity of Sunita Tools Limited’s production unit, and where is it located? #
Sunita Tools Limited’s production facility is in Vasai, Mumbai. It can produce large dimensional goods with dimensions ranging from 200200 mm to 40002000 mm and weights of up to 30 tonnes.
What are the important financial metrics for Sunita Tools Limited’s first public offering? #
Sunita Tools Limited recorded a revenue of 1,417.33 lakhs and a profit after tax of 337.71 lakhs for the fiscal year ended March 31, 2023. The ROE is 12.59% and the ROCE is 0.38%.
Please note that the information provided in the FAQs is based on the data available. For the latest updates and detailed information, please refer to the official sources and the prospectus.
