| Sunita Tools Ltd |
|
Registered Office:
Survey # 66 Plot No A Valiv,Sativali Rd Vasai East Palghar
,
Thane
-
401208
,
Maharashtra
, India.
Phone :
+91 9136019995 Fax:
Email : info@sunitatools.com
Website : www.sunitatools.com
|
Initial public offer of 15,20,000 equity shares of  10 each ("Equity Shares") of Sunita Tools Limited ("STL" or the "Company") for cash at a price of 145 per share (the "Issue Price"), aggregating to 22.04 crores ("The Issue"), consisting of fresh issue of 13,20,000 equity shares aggregating to 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 2.90 crores ("Offer for Sale"), of which 78,000 equity shares of 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 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 10 and the issue price is 14.5 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 26-Sep-23 |
03-Oct-23 |
Rs145.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :1000 Further Multiples of :1000 |
| |
RsCr |
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 |
Rs145.00 |
|
|