Sunrise Efficient Marketing Limited IPO

BSE SME

Listed On: Apr 12, 2022 at ₹ 121.25

₹ 121000 /1000 Shares

Check Allotment

IPO Details

30 Mar, 2022

Open Date

05 Apr, 2022

Close Date

11 Apr, 2022

Allotment Date

12 Apr, 2022

Listing Date

Issue Price

₹121 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

KFintech Private Limited

List Price

121.25

Listing Date

2022-04-12

Market Lot

1000 Shares (₹121,000/-)

Lead Manager

Fedex Securities Limited

Issue Size

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)

Retail Portion

50%

Subscription

1.46 times

IPO Docs

DRHP RHP

IPO Subscription 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

Earnings Per Share (EPS)

₹0.37/-

P/E Ratio

329.34

RoNW

15.52%

Net Asset Value (NAV) - Post Issue

₹13.77/-

Company Financials All values are in ₹ Cr.

	30-Sep-21	31-Mar-21
Assets	22.79	16.51
Revenue	30.06	26.18
Profit After Tax	3.12	0.18

About The 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)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: N/A%

Company Promoter(s)

Lejas Desai

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. 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 IPO price band is set between ₹121 per equity share.

Ans. To apply for Sunrise Efficient Marketing Limited IPO 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 allotment status for Sunrise Efficient Marketing Limited IPO here.