Sunita Tools Limited

Company Profile
Company Name Sunita Tools Limited
Open Date 26-09-2023
Close Date 29-09-2023
Exchange BSE SME
Lot Size 1000 Shares
Issue Price ₹145 per share
Issue Size 1,520,000 shares
Application Amount ₹ 1,45,000
Recommendation Avoid
Sunita Tools Limited was incorporated in the year 1988 and has its registered office in Thane, Maharashtra. The company manufactures Ground Plates, Mould Bases and Precision CNC Machining. Company’s products are a pre-requisite and act as food to the Manufacturing industries be it Automotive, Pharmaceutical, Electronics, Consumer Goods and most of the Manufacturing Sectors. Company’s products are mould base and machining parts which are industrial capital goods which undergoes stringent quality tests to meet industry standards before they are delivered to clients. As on 31st March 2023, the company had 38 employees on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 1,351.82 1,422.65 2,537.72
Net Assets -348.02 -267.02 320.69
Total Borrowings 1,334.63 1,249.15 1,656.91
Total Revenue 691.50 888.88 1,417.33
Profit After Tax 26.67 81.00 337.71

Tentative Timeline

Opening Date 26-09-2023
Closing Date 29-09-2023
Basis of Allotment 05-10-2023
Initiation of Refunds 06-10-2023
Credit of Shares to Demat 09-10-2023
Listing Date 10-10-2023

Objects of the Issue

Funding Working Capital requirements.
General corporate purposes.

Contact Information

Registered Office Sunita Tools Limited- Survey No. 66, Plot No. A, Valiv, Sativali Road, Vasai East, Palghar, Thane - 401208
Phone +91 9136019995

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

Other Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 72.97%

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