Sunita Tools Limited IPO Message Board (Page 2)

11. ~~Logij Kumar~~ | Link | Bookmark | September 28, 2023 7:28:09 PM

Not applying. Even if I wanted to apply despite all the negatives discussed here, but can't apply due to lack of funds. All the best to all applicants.

10. Arjun Rajkot | Link | Bookmark | September 28, 2023 6:51:51 PM

IPO Guru (1000+ Posts, 1900+ Likes)

Avoiding

9. G profit | Link | Bookmark | September 28, 2023 4:08:04 PM

IPO Mentor (1100+ Posts, 300+ Likes)

I am not going with this ipo. Personally not feeling great about this company. Donot get lured of Gmp. Today's listing of Cellecor, Higreen and Marco have taught us that GMP rates cannot be surely equal to real listing rate. Trend has changed

8. finoart | Link | Bookmark | September 28, 2023 3:18:32 PM

GMP is the only thing which will lead people to apply in this IPO. Rest you can easily understand that financials are not looking well as of now.

7. KAMMA SIVA RAMA KRISHNA | Link | Bookmark | September 27, 2023 10:23:24 PM

Somehow not interested to apply.

6. AMIT IND | Link | Bookmark | September 27, 2023 9:39:48 PM

Top Contributor (600+ Posts, 100+ Likes)

This looks as if we can apply, though 4 times net profit growth in last year looks like cooked up. 145 price is quite aggressive still will apply on last date.

5. anantagg | Link | Bookmark | September 25, 2023 8:01:08 PM

Top Contributor (200+ Posts, 200+ Likes)

Sunita tools looks good to me.

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5.5. KhattaMeetha | Link | Bookmark | September 28, 2023 1:35:16 PM

Not to me.
- Uncontrolled borrowing
- Last year assets inflated with borrowing
- Reserves are negative
- Only last year it seemed to be profitable but the sudden jump in profit (supported by borrowing) raises suspicion.
- It has OFS (who exits so early company is doing well)

So many negatives make it a risky bet.

5.6. Old.Fox | Link | Bookmark | October 12, 2023 9:34:11 AM

IPO Mentor (800+ Posts, 400+ Likes)

I was wrong....

4. KAPPO | Link | Bookmark | September 22, 2023 9:29:46 AM

IPO Guru (1200+ Posts, 800+ Likes)

Sell n apply in sunita

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4.2. A prem | Link | Bookmark | September 23, 2023 9:56:23 PM

@KAPPO sir can fresh entry be taken in to chavda on listing?

4.3. Trueinfo | Link | Bookmark | September 28, 2023 12:39:32 PM

IPO Guru (1900+ Posts, 1700+ Likes)

@alok marwadi, grey deals aren't reported for tax purposes. You will pay capital gains tax as per your selling price on or after listing.

3. Arjun Rajkot | Link | Bookmark | September 19, 2023 8:21:54 PM

IPO Guru (1000+ Posts, 1900+ Likes)

Negative Capital!

3.1. alok marwadi | Link | Bookmark | September 21, 2023 7:29:24 PM

Reserves are negative and equity capital is positive. It was negative in fy 21. Still financials are not matching with GMP. EPS given by CG.com appears wrong too. Yet it will be subscriber heavily thanks to risk takers HNI which are almost all the applicants. Soch kar samajh kar id your money is hard earned or important.

2. lucky boy | Link | Bookmark | September 16, 2023 10:49:10 AM

IPO Mentor (1200+ Posts, 400+ Likes)

Debt to Equity 5.17.
too high

1. IPOmentor | Link | Bookmark | September 15, 2023 5:28:57 PM

Debt/Equity RATIO 5.17 ye to adani ka bhi bap nikla

12.1. kishenharendra | Link | Bookmark | September 19, 2023 3:45:08 PM

Top Contributor (300+ Posts, 100+ Likes)

Cps shapers ka debt to equity tha 5.97...
Listing to bumper thi...
Sme me in sabka koi value hi nahi hai...