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Open
26 Sep to 3 Oct, 2023
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Close
26 Sep to 3 Oct, 2023
3
Allotment
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Listing
Wed, Oct 11, 2023
Price Band
₹145 per share
Issue Size
15,20,000 shares (agg. up to ₹22 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Oct 11, 2023
Latest GMP
₹20
Est. Gain
13.79%
✦ AI Insight
GMP Trend
11-10-2023₹20Est. ₹165+13.79%
10-10-2023₹20Est. ₹165+13.79%
09-10-2023₹20Est. ₹165+13.79%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.79x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Global Pet Industries Ltd. | SME | ₹13.23 Cr | ₹49 | 23 | ₹52.80 | +7.76% | ₹144.05 (-3.61%) |
| Concord Control Systems Ltd. | SME | ₹8.32 Cr | ₹55 | 12.14 | ₹115.40 | +109.82% | ₹2,605.35 (-4.60%) |
| Cyient DLM Ltd. | Mainboard | ₹592.00 Cr | ₹265 | 66.25 | ₹420.60 | +58.72% | ₹586.90 (+9.08%) |
| Kaynes Technology India Ltd. | Mainboard | ₹857.82 Cr | ₹587 | 84.95 | ₹689.95 | +17.54% | ₹3,438.80 (+3.02%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 14.25 |
| 2 | General Corporate Purposes | 3.35 |
| Total | 17.60 |
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.+ Read More
Contact Details
Sunita Tools Ltd. AddressSurvey No.66, Plot No.AValiv, Sativali Road, Vasai EastDist.PalgharPalghar, Maharashtra, 401208+91 9136019995info@sunitatools.comVisit Website