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Open
30 Mar to 5 Apr, 2022
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Close
30 Mar to 5 Apr, 2022
3
Allotment
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Listing
Tue, Apr 12, 2022
Price Band
₹121 per share
Issue Size
13,80,000 shares (agg. up to ₹17 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Apr 12, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.06x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 |
|---|---|---|
| Assets | 22.79 | 16.51 |
| Total Income | 30.07 | 26.19 |
| Profit After Tax | 3.12 | 0.18 |
| EBITDA | 4.55 | 0.58 |
| NET Worth | 4.31 | 1.18 |
| Reserves and Surplus | 3.31 | 0.18 |
| Total Borrowing | 9.98 | 6.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dhyaani Tile & Marblez Ltd. | SME | ₹2.45 Cr | ₹51 | 15.94 | ₹54.80 | +7.45% | ₹4.63 (-3.14%) |
| Evoq Remedies Ltd. | SME | ₹9.72 Cr | ₹27 | 33.75 | ₹23.75 | -12.04% | ₹2.05 (-4.21%) |
| Safa Systems & Technologies Ltd. | SME | ₹4.00 Cr | ₹10 | 29.41 | ₹15.73 | +57.30% | ₹19.30 (-2.03%) |
| Bombay Metrics Supply Chain Ltd. | SME | ₹4.29 Cr | ₹93 | null | ₹103.20 | +10.97% | ₹35.30 (-0.56%) |
| AA Plus Tradelink Ltd. | SME | ₹6.48 Cr | ₹18 | null | ₹17.50 | -2.78% | ₹1.23 (+0.00%) |
| Uma Exports Ltd. | Mainboard | ₹60.00 Cr | ₹68 | 12.81 | ₹79.80 | +17.35% | ₹21.85 (-0.36%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Meeting incremental working capital requirements | 11.19 |
| 2 | General corporate purposes | 4.17 |
About Sunrise Efficient Marketing IPO
Sunrise Efficient Marketing Limited engages in the business of trading, distributing, and wholesaling different types of industrial products such as electrical items, electronic items, spare parts, etc. The company distributes Automotive Parts, Gear Boxes, Motors, Pumps, Oils, and FMCG Products. The company follows B2B and B2C business models and is currently an authorized dealer of 138 manufacturers. The company retails, imports, exports, sells, fabricates, and assembles a wide range of products such as pipes, pipe fittings, sanitation parts, mechanical and engineering items, all types of machined and un-machined castings, industrial valves, and its spares, Oils, lubricants, all types of motors, pumps, generator sets, batteries and all types of electrical, mechanical, electromechanical & electronic items, and spare parts, accessories used for industrial, domestic and agricultural purposes. In 2011, the company introduced Consumer Goods (FMCG Division) and acted as a distributor for Pepsico, and in 2021 company started selling its own brand Synchro Plus motors. Competitive Strengths: Large & Diverse Product Portfolio. Established relationships with institutional customers. Quality
Contact Details
Sunrise Efficient Marketing Ltd. AddressSub Plot No.2block BAkash Bhumi ComplexSurat, Gujarat, 394221+91 99250 43408lejas@sunriseefficientmarketing.netVisit Website