Sunrise Efficient Marketing Limited IPO
BSE SMEListed On: Apr 12, 2022 at ₹ 121.25
₹ 242000 /2000 Shares
*Min Investment
30 Mar, 2022
Open Date05 Apr, 2022
Close Date11 Apr, 2022
Allotment Date12 Apr, 2022
Listing DateIPO Issue Details
- Issue Price ₹121 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,380,000 Eq Shares of ₹10 (aggregating up to ₹16.70 Cr)
#Fresh Issue: 1,380,000 Eq Shares of ₹10 (aggregating up to ₹16.70 Cr) - Listing at BSE SME
- List Price 121.25
- Listing Date 2022-04-12
- Lead Manager Fedex Securities Limited
- Registrar KFintech Private Limited
IPO Details
- Retail Portion 50%
IPO Details
Sunrise Efficient Marketing Limited IPO is an SME IPO, priced at ₹121 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 30, 2022 to Apr 5, 2022. The allotment is expected to be finalized on Apr 11, 2022, and the tentative listing date is Apr 12, 2022.
The registrar of the IPO is KFintech Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 651,000 | 651,000 | 1,302,000 |
Day 1 30-03-22 06:00 PM | 1.13 x | 0.49 x | 0.81 x |
Day 2 31-03-22 06:00 PM | 1.18 x | 0.55 x | 0.86 x |
Day 3 01-04-22 06:00 PM | 1.18 x | 0.57 x | 0.87 x |
Day 4 04-04-22 06:00 PM | 1.22 x | 0.74 x | 0.98 x |
Day 5 05-04-22 06:00 PM | 1.78 x | 1.13 x | 1.46 x |
Valuations
Company Financials
| 30-Sep-21 | 31-Mar-21 | |
|---|---|---|
| Assets | 22.79 | 16.51 |
| Revenue | 30.06 | 26.18 |
| Profit After Tax | 3.12 | 0.18 |
About Company
Sunrise Efficient Marketing Limited engages in the business of trading, distributing, and wholesaling different types of industrial products such as electrical items, electronic items, spare parts, etc. The company distributes Automotive Parts, Gear Boxes, Motors, Pumps, Oils, and FMCG Products. The company follows B2B and B2C business models and is currently an authorized dealer of 138 manufacturers.
The company retails, imports, exports, sells, fabricates, and assembles a wide range of products such as pipes, pipe fittings, sanitation parts, mechanical and engineering items, all types of machined and un-machined castings, industrial valves, and its spares, Oils, lubricants, all types of motors, pumps, generator sets, batteries and all types of electrical, mechanical, electromechanical & electronic items, and spare parts, accessories used for industrial, domestic and agricultural purposes.
In 2011, the company introduced Consumer Goods (FMCG Division) and acted as a distributor for Pepsico, and in 2021 company started selling its own brand Synchro Plus motors.
- Promoter(s)
Lejas Desai
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : N/A%
IPO - Issue Objectives
Meeting incremental working capital requirements.
General corporate purposes.
Issue-related expenses.
IPO - FAQs
Ans. Sunrise Efficient Marketing Limited IPO is a SME IPO. The issue is priced at ₹121 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Mar 30, 2022, and closes on Apr 5, 2022. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Sunrise Efficient Marketing Limited IPO opens on Mar 30, 2022 and closes on Apr 5, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sunrise Efficient Marketing Limited IPO is 1,380,000 Eq Shares of ₹10 (aggregating up to ₹16.70 Cr) #Fresh Issue: 1,380,000 Eq Shares of ₹10 (aggregating up to ₹16.70 Cr).
Ans. The Sunrise Efficient Marketing Limited IPO price band is set between ₹121 per equity share.
Ans. To apply for Sunrise Efficient Marketing Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sunrise Efficient Marketing Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sunrise Efficient Marketing Limited IPO is Apr 11, 2022.
Ans. The Sunrise Efficient Marketing Limited IPO will be listed on Apr 12, 2022.
Ans. Follow the steps to check the Sunrise Efficient Marketing Limited IPO allotment status online.
