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Sunita Tools Ltd
Registered Office:
Survey # 66 Plot No A Valiv,Sativali Rd Vasai East Palghar, Thane - 401208, Maharashtra, India.
Initial public offer of 15,20,000 equity shares of Rs. 10 each ("Equity Shares") of Sunita Tools Limited ("STL" or the "Company") for cash at a price of Rs. 145 per share (the "Issue Price"), aggregating to Rs. 22.04 crores ("The Issue"), consisting of fresh issue of 13,20,000 equity shares aggregating to Rs. 19.14 crores and an offer for sale of 2,00,000 equity shares comprising of 66,600 by Sanjay Kumar Pandey, 66,600 by Satish Kumar Pandey and 66,800 by Ragini Pandey ("The Promoters Selling Shareholders" or "The Selling Shareholders") aggregating to Rs. 2.90 crores ("Offer for Sale"), of which 78,000 equity shares of Rs. 10 each will be reserved for subscription by aggregating market maker to the issue (the "Market Maker Reservation Portion"). The issue less than the market maker reservation portion i.e. issue of 14,42,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.02% and 25.64% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 14.5 times of the face value.
Issue
Opens On Closes On
26-Sep-23 03-Oct-23
Money Payable On
Application Allotment
145.00 0.00
Minimum Application for shares in Nos : 1000  Further Multiples of : 1000
()(Cr.) Lead Managers to the Issue
Project Cost () 17.60 Aryaman Financial Services Ltd
Project Financed through Current Offer () 22.04  
Post Issue Equity Share Capital () 5.63  
Issue Price () 145.00  
Projects
Funding working capital requirements
General corporate purposes
Promoted By
Sangeeta Pandey
Sanjay Kumar Pandey
Satish Kumar Pandey
Listing At
BSE - SME
Registrar to the Issue