Sunita Tools Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 721,000 (47%) | — | ₹1,045 Cr |
| Retail | — | 721,000 (47%) | — | ₹1,045 Cr |
| Market Maker | — | 78,000 (5%) | — | ₹11 Cr |
| Σ Total | — | 1,520,000 (100%) | — | ₹22,040 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹145,000 |
| Retail (Max) | 13 | 13,000 | ₹1,885,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,030,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,715,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue | 1,417 | 889 | 692 |
| Profit After Tax | 338 | 81 | 27 |
| Net Worth | 321 | -267 | -348 |
| Total Assets | 2,538 | 1,423 | 1,352 |
| Reserves & Surplus | -110 | -448 | -529 |
| Total Borrowing | 1,660 | 1,249 | 1,335 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Working capital requirements –
- General Corporate Purpose –
Company Overview
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.