The Sunita Tools IPO started on September 26, 2023, and ended on September 29, 2023. Shares were allocated on October 5, 2023, and refund processes began on October 6, 2023. On October 9, 2023, the shares were credited to investors demat accounts. Sunita Tools was officially listed on the stock exchange on October 10, 2023.
During the IPO, Sunita Tools offered shares at a price range of ₹145 per share, and the lot size was 1000 shares. The total issue size was ₹22.04 crores, with ₹19.14 crores from new shares and ₹2.90 crores from shares for sale. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Sunita Tools Limited IPO Subscription Update Video
Sunita Tools IPO Subscription Status
The Sunita Tools IPO on September 26, 2023 was subscribed 1.71 times, with the retail category being subscribed 2.47 times, the other category being subscribed 0.96 times.
| Category | Subscription |
| Other | 0.96x |
| Retail | 2.47x |
| Total | 1.71x |
Sunita Tools IPO Basic Details
| Company Name | Sunita Tools Limited |
| Domain of Company | Making Mold Bases and Machine Parts for Various Industries |
| Sunita Tools IPO Open Date | September 26, 2023 |
| Sunita Tools IPO Close Date | September 29, 2023 |
| Sunita Tools IPO Allotment Date | October 9, 2023 |
| Sunita Tools IPO Listing Date | October 10, 2023 |
| Face Value | ₹10 per share |
| Price | ₹145 per share |
| Lot Size | 1000 Shares |
| Issue Size | 1,520,000 shares of ₹10 (aggregating up to ₹22.04 Cr) |
| Fresh Issue | 1,320,000 shares of ₹10 (aggregating up to ₹19.14 Cr) |
| Offer for Sale | 200,000 shares of ₹10 (aggregating up to ₹2.90 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Sangeeta Pandey, Sanjay Kumar Pandey, Satish Kumar Pandey and Ragini Pandey |
About Sunita Tools Limited
Sunita Tools Limited, established in 1988, specializes in making mold bases and machining parts for various industries, including Automotive, Pharmaceutical, Electronics, Consumer Goods, and Manufacturing.
Our product range includes Customized Mould Bases, Precision CNC Machining, Plastic Mould Bases, Pocket Machining, Injection Mould Bases, Precision Component Machining, Mould Bases For Caps and closures, Blow Mould Bases, Standard Mould Bases, Compression Mould bases, Die Casting Mould Bases, Insert Mould Bases, Over mold Bases, and Prototype Mould Bases. These products serve as crucial assets used in the Automotive, Heavy Manufacturing, Plastics, Electrical, and Consumer Goods sectors.
Our manufacturing facility is located in Vasai, Mumbai, with the capability to produce large-sized items ranging from 200×200 mm to 4000×2000 mm and weighing up to 30 tons.
In terms of revenue, we achieved ₹ 666.36 lakhs in Fiscal 2021, ₹ 873.47 lakhs in fiscal 2022, and ₹ 1,384.44 lakhs in Fiscal 2023 from our operational activities.
Sunita Tools IPO Should you subscribe?
Sunita Tools IPO More Details Click Here
Sunita Tools IPO FAQs
What is the start and end date of Sunita Tools IPO Subscription?
The Sunita Tools IPO started on September 26, 2023, and ended on September 29, 2023.
When does Sunita Tools IPO Subscription open?
The Sunita Tools IPO open on September 26, 2023.
When does Sunita Tools IPO Subscription close?
The Sunita Tools IPO Close on September 29, 2023.
What is the allotment date of Sunita Tools IPO?
The allotment date for Sunita Tools IPO is October 5, 2023.
When is the initial refund date of Sunita Tools IPO?
The initial Refund date for Sunita Tools IPO is October 6, 2023.
When were the shares credited to investors demat accounts for the Sunita Tools IPO?
The shares for the Sunita Tools IPO were credited to investors demat accounts on October 9, 2023.
When will Sunita Tools IPO be listed on the stock market?
Sunita Tools IPO stock market will be listed on October 10, 2023 at 10 am.
What was the price range of the Sunita Tools IPO shares?
The Sunita Tools IPO shares were offered at a price range of ₹145 per share.
What was the lot size for the Sunita Tools IPO shares?
The lot size for the Sunita Tools IPO shares was 1000 shares.
What was the total issue size of the Sunita Tools IPO?
The total issue size of the Sunita Tools IPO was ₹22.04 crores.
How were the shares allocated among different types of investors for the Sunita Tools IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Sunita Tools IPO listed?
The Sunita Tools IPO was listed on the BSE SME.
What is the Sunita Tools IPO Subscription Status?
Sunita Tools IPO is subscribed Times.
