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Sunita Tools limited IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Engineering sector. Aryaman Financial Services is the merchant banker of Sunita Tools limited IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st July 2023.
Sunita Tools limited IPO open date is 26th September 2023 and close date is 3rd October 2023. IPO Allotment Date is 4th October 2023 and Listing date is 11th October 2023.
IPO
Size:
₹ 22.04 Cr.
Avg IPO Size (Sector Based)
: ₹
23.06 cr.
Sector: Engineering
SME
IPO so far:
99
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
14.17
cr. 
PE
Ratio:
24.17x
Average Sector PE Ratio: 15.16x
Sunita Tools limited IPO size is ₹ 22.04 Cr. with IPO price of ₹ 145.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Sunita Tools limited IPO. Kfin Technologies Limited is the Registrar and Market Maker is Ss Corporate Securities Limited for Sunita Tools limited IPO.
Sunita Tools limited IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sunita Tools limited IPO, based in Mumbai, operates in the Engineering sector with a focus on Engineering and Mould base Industry. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Sunita Tools limited IPO size is ₹ 22.04 Cr. with fresh issue size of ₹ 19.14 Cr. and Offer for sale being ₹ 2.90Cr.
The IPO allotment date for Sunita Tools limited IPO is expected to be 4th October 2023, after the finalization of basis of allotment. Investors can check Sunita Tools limited IPO allotment status on the registrars website, Kfin Technologies Limited. Sunita Tools limited IPO refund dates are 5th October 2023.
Sunita Tools limited IPO is expected to be listed on 11th October 2023.
The upper price band for the Sunita Tools limited IPO is set at ₹ 145.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Sunita Tools limited IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Sunita Tools limited IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd October 2023. After submission, funds are blocked until the basis of allotment of Sunita Tools limited IPO is finalised.
The merchant banker for Sunita Tools limited IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sunita Tools limited IPO RHP for further details.
The registrar for Sunita Tools limited IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Sunita Tools limited IPO through their official website or helpline.
Sunita Tools limited IPO was subscribed 13.24 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 22.04 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.06 Cr.
Sector: Engineering
SME
IPO so far:
99
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 13.84 cr.
PE
Ratio:
24.17x
Average Sector PE Ratio: 15.16x
Sunita Tools limited IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sunita Tools limited Financial Review Page
Merchant Banker(s) of Sunita Tools limited IPO: Aryaman Financial Services Limited
Sunita Tools limited IPO subscription was 13.24 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Sunita Tools limited IPO listed at a listing price of 147.25 against the offer price of 145.00.
The current market price of Sunita Tools limited is 700.35.
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