| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹22.04 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹22.04 Cr |
| Fresh Issue | ₹18.01 Cr |
| Offer for Sale | ₹2.90 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน145.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544001 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Aryaman Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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 โน 666.36 lakhs in Fiscal 2021, โน 873.47 lakhs in fiscal 2022, and โน 1,384.44 lakhs in Fiscal 2023 in revenue from operations respectively.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 14.25 |
| 2 | General Corporate Purposes | 3.35 |
| Total | 17.60 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 25.38 | 14.23 | 13.52 |
| Total Income | 14.17 | 8.89 | 6.92 |
| Profit After Tax | 3.38 | 0.81 | 0.27 |
| NET Worth | 3.21 | -2.67 | -3.48 |
| Reserves and Surplus | -1.10 | -4.48 | -5.29 |
| Total Borrowing | 16.60 | 12.49 | 13.35 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2023 |
|---|---|
| ROE | 1259% |
| ROCE | 36.76% |
| Debt / Equity | 5.17% |
| RoNW | 105.31% |
| PAT Margin | 24.39% |
| EBITDA Margin | 38.04% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 13.96 | |
| P/E (x) | 16.88 | 24.17 |
| Promoter Holding | 100.00% | 72.98% |
| Market Cap | โน81.56 Cr. | |