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Sunita Tools Limited

Sunita Tools Limited

listed
₹1.45LMin. investment

Sunita Tools Limited IPO Details

Price range₹145 – ₹145
IPO type
SME
Lot size1000 shares
Issue size₹22.04Cr

Sunita Tools Limited Timeline

  1. Bid start
    26 Sep 2023
  2. Bid end
    3 Oct 2023
  3. Allotment
    28 Sep 2023
  4. Release of funds
    6 Oct 2023
  5. Demat transfer
    5 Oct 2023
  6. Listing
    11 Oct 2023

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:
  1. Funding Working capital requirements;
  2. General Corporate Purpose;

Here are key details about the Sunita Tools Limited IPO :

Company NameSunita Tools Limited    Company TypePrivate
IPO TypeSME

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Sunita Tools Limited Contact Details

Company NameSunita Tools Limited

How to apply for Sunita Tools Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Sunita Tools IPO FAQs