Sunita Tools Limited

SUNITATOOL

₹145-145

per share

Bidding Dates

26-3 Oct

Min. Investment

₹1,45,000.00

Lot Size

1000 shares

Issue Size

₹22.04 Cr

IPO Timeline

Bidding starts

26 Sep ‘23

Bidding ends

03 Oct ‘23

Allotment finalisation*

05 Oct ‘23

Refund initiation*

06 Oct ‘23

Demat transfer

06 Oct ‘23

Listing

11 Oct ‘23

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

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

2.Machining Parts

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:

Funding Working capital requirements;
General Corporate Purpose;

Here are key details about the Sunita Tools Limited IPO:

Company Name	Sunita Tools Limited	Company Type	Private
IPO Type	SME	Sunita Tools Limited IPO Opening Date	26 September 2023
Sunita Tools LimitedIPO Closing Date	29 September 2023	Sunita Tools Limited IPO Allotment Status	5 October 2023
Credit of Shares to the Demat Account	6 October 2023	Sunita Tools Limited IPO Listing Date	11 October 2023
Sunita Tools Limited IPO Face Value	₹ 10 per share	Sunita Tools Limited IPO Lot Size	1000 shares
Sunita Tools Limited IPO Issue Size	₹ 22.04 crore	Sunita Tools Limited IPO to be Listed on	BSE SME
Sunita Tools Limited IPO Price band	₹ 145 per share

IPO analysis

Registrar information

Name

Kfin Technologies Limited

Phone number

04079611000

Email ID

cpl.ipo@kfintech.com

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