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 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 (.Cr) 17.60 Aryaman Financial Services Ltd Project Financed through Current Offer (.Cr) 22.04   Post Issue Equity Share Capital (.Cr) 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

No Data Available