About the Sunita Tools Limited IPO:
Sunita Tools Limited, a company with over three decades of experience in the Engineering and Mould base Industry, specialises in providing customised solutions to various industries. They manufacture Ground Plates, Mould Bases, and Precision CNC Machining products. These products are crucial for industries like Automotive, Pharmaceutical, Electronics, Consumer Goods, and more, serving as essential capital goods subject to rigorous quality testing. They are engaged in manufacturing of two core products which involve similar manufacturing process:
1.Mould Base Products
Located in Vasai, Mumbai, their manufacturing facility enjoys strategic advantages, including access to resources, efficient logistics, and a competitive edge over rivals. They emphasise customization, compatibility, design assistance, and post-sale technical support, giving them a competitive advantage. Their products are used as capital assets in various industries.
Their manufacturing facility is equipped with modern infrastructure and skilled workers, enabling the production of high-quality precision products. They specialise in producing mould base products and machinery parts of various types and sizes.
Now, Sunita Tools Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised will be utilised to meet the following:
Here are key details about the Sunita Tools Limited IPO: