Sunita Tools IPO GMP Today ( Grey Market Premium )

Sunita Tools IPO GMP Today ( Grey Market Premium )

The Sunita Tools IPO commenced on September 26, 2023, and concluded on September 29, 2023. The allotment of shares took place on October 5, 2023, and the initiation of refunds began on October 6, 2023. The shares were credited to the demat accounts of investors on October 9, 2023. Finally, the listing of Sunita Tools on the stock exchange occurred on October 10, 2023.

The Sunita Tools IPO was priced at ₹145 per share, with a lot size of 1000 shares. The total issue size was ₹22.04 crores, comprising a fresh issue of 19.14 crores and an offer for sale of ₹2.90 crores. The IPO was listed on the BSE SME.

In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.

Sunita Tools IPO Basic Details

Company NameSunita Tools Limited
Domain of CompanyMaking Mold Bases and Machine
Parts for Various Industries
Sunita Tools IPO GMP Today₹50
Sunita Tools IPO Listing Gain34.48%
Sunita Tools IPO Open DateSeptember 26, 2023
Sunita Tools IPO Close DateSeptember 29, 2023
Sunita Tools IPO Allotment DateOctober 9, 2023
Sunita Tools IPO Listing DateOctober 10, 2023
Face Value₹10 per share
Price₹145 per share
Lot Size1000 Shares
Issue Size1,520,000 shares of ₹10
(aggregating up to ₹22.04 Cr)
Fresh Issue1,320,000 shares of ₹10
(aggregating up to ₹19.14 Cr)
Offer for Sale200,000 shares of ₹10
(aggregating up to ₹2.90 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Company PromotersSangeeta Pandey, Sanjay Kumar Pandey,
Satish Kumar Pandey and Ragini Pandey

Sunita Tools IPO GMP Today:

DateGMPListing GainKostakSubject to
25 September 2023₹5034.48%

Sunita Tools Limited IPO Details:

Sunita Tools Limited was founded in 1988 and specializes in making mold bases and machining parts. They create these products for various industries such as Automotive, Pharmaceutical, Electronics, Consumer Goods, and Manufacturing.

Their range of products includes customized mold bases, precision CNC machining, plastic mold bases, pocket machining, injection mold bases, precision component machining, mold bases for caps and closures, blow mold bases, standard mold bases, compression mold bases, die casting mold bases, insert mold bases, over mold bases, and prototype mold bases. These items are essential in the Automotive, Heavy Manufacturing, Plastics, Electrical, and Consumer Goods industries, serving as valuable assets.

Sunita Tools’ manufacturing facility is situated in Vasai, Mumbai, and has the capacity to produce large products ranging from 200200 mm to 40002000 mm, weighing up to 30 tons.

In terms of revenue, they earned ₹666.36 lakhs in Fiscal 2021, ₹873.47 lakhs in Fiscal 2022, and ₹1,384.44 lakhs in Fiscal 2023.

Sunita Tools IPO More Details Click Here

Sunita Tools IPO FAQs

When is NimSunita Tools bark IPO open?

Sunita Tools IPO will open on 26 September 2023.

When is Sunita Tools IPO Close?

Sunita Tools IPO will be closed on 29 September 2023.

What is Sunita Tools IPO GMP Today?

The Sunita Tools IPO GMP aka Grey Market Premium is ₹50.

What is Sunita Tools IPO Kostak Rates Today?

The Sunita Tools IPO Kostak Rate is ₹000.

What is Sunita Tools IPO Subject to Sauda Price Today?

The Sunita Tools IPO subject to sauda rates is ₹000.

Sunita Tools IPO Expected Returns?

The Sunita Tools expected return is 34.48%.

How much will be the listing gain in Sunita Tools IPO?

Sunita Tools IPO will get listing gain of 34.48%. (Approx.)

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