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Sunrise Efficient Marketing Limited IPO (Sunrise Efficient Marketing IPO) Detail

Mar 30, 2022 - Apr 5, 2022

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.

Competitive Strengths:

  1. Large & Diverse Product Portfolio.
  2. Established relationships with institutional customers.
  3. Quality Assurance and Control.
  4. Experienced Promoter and skilled workforce.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakhs)
  30-Sep-21 31-Mar-21
Total Assets 2,279.36 1,651.16
Total Revenue 3,006.79 2,618.52
Profit After Tax 312.36 18.37

Objects of the Issue:

The net proceeds of the Offer are proposed to be utilized in the following manner:

  1. Meeting incremental working capital requirements.
  2. General corporate purposes.
  3. Issue-related expenses.

Sunrise Efficient Marketing IPO Details

Sunrise Efficient Marketing IPO Date Mar 30, 2022 to Apr 5, 2022
Sunrise Efficient Marketing IPO Face Value ₹10 per share
Sunrise Efficient Marketing IPO Price ₹121 per share
Sunrise Efficient Marketing IPO Lot Size 1000 Shares
Issue Size1,380,000 shares of ₹10
(aggregating up to ₹16.70 Cr)
Fresh Issue1,380,000 shares of ₹10
(aggregating up to ₹16.70 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Company Promoters

Lejas Desai is the company's promoter.

Sunrise Efficient Marketing IPO Timeline (Tentative Timetable)

Sunrise Efficient Marketing IPO opens on Mar 30, 2022, and closes on Apr 5, 2022. The Sunrise Efficient Marketing IPO bid date is from Mar 30, 2022 10.00 A.M. to Apr 5, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Event Date
Sunrise Efficient Marketing IPO Opening Date Mar 30, 2022
Sunrise Efficient Marketing IPO Closing Date Apr 5, 2022
Basis of Allotment Apr 8, 2022
Initiation of Refunds Apr 11, 2022
Credit of Shares to Demat Apr 12, 2022
Sunrise Efficient Marketing IPO Listing Date Apr 12, 2022

Sunrise Efficient Marketing IPO Lot Size

The Sunrise Efficient Marketing IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹121,000).

Application Lots Shares Amount
Minimum 1 1000 ₹121,000
Maximum 1 1000 ₹121,000

Sunrise Efficient Marketing IPO Promoter Holding

Pre Issue Share Holding 99.99%
Post Issue Share Holding 72.40%

Sunrise Efficient Marketing IPO Review

SEML’s financial performance is not in line with the asking price. Its super performance for FY22 with extraordinary margin raises eyebrows and concern over sustainability going forward. There is no harm in skipping this tempting issue. Read detail review...

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Sunrise Efficient Marketing IPO Subscription Status (Bidding Detail)

The Sunrise Efficient Marketing IPO is subscribed 1.46 times on Apr 5, 2022 7:17:00 PM. The public issue subscribed 1.13 times in the retail category, times in the QIB category, and 1.78 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII1.78
Retail1.13
Total1.46

Sunrise Efficient Marketing IPO Prospectus

Sunrise Efficient Marketing IPO Rating

96
3.8
Rating:Rated 3.8 stars
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Sunrise Efficient Marketing IPO Listing Date

Listing Date Tuesday, April 12, 2022
BSE Script Code 543515
NSE Symbol
Listing In MT Group of Securities
ISIN INE0KPY01017
IPO Price ₹121 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹121.00
₹121.25
₹121.25
₹124.85
₹124.80

Company Contact Information

Sunrise Efficient Marketing Limited
Sub Plot No. 2, block B,
Akash Bhumi Complex,
Village Surat, 394221
Phone: +91 99250 43408
Email: lejas@sunriseefficientmarketing.net
Website: https://sunriseefficientmarketing.com/

Sunrise Efficient Marketing IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: seml.ipo@kfintech.com
Website: https://karisma.kfintech.com/

Sunrise Efficient Marketing IPO Reviews / Ratings

Sunrise Efficient Marketing IPO FAQs

Sunrise Efficient Marketing IPO is a SME IPO of 1,380,000 equity shares of the face value of ₹10 aggregating up to ₹16.70 Crores. The issue is priced at ₹121 per share. The minimum order quantity is 1000 Shares.

The IPO opens on Mar 30, 2022, and closes on Apr 5, 2022.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Sunrise Efficient Marketing IPO using UPI as a payment gateway. Zerodha customers can apply in Sunrise Efficient Marketing IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Sunrise Efficient Marketing IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sunrise Efficient Marketing IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Sunrise Efficient Marketing IPO opens on Mar 30, 2022 and closes on Apr 5, 2022.

Sunrise Efficient Marketing IPO lot size is 1000 Shares and the minimum order quantity is .

You can apply in Sunrise Efficient Marketing IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sunrise Efficient Marketing IPO will be done on Apr 8, 2022, and the allotted shares will be credited to your demat account by Apr 12, 2022. Check the Sunrise Efficient Marketing IPO allotment status.

The Sunrise Efficient Marketing IPO listing date is on Tuesday, April 12, 2022.
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Sunrise Efficient Marketing IPO Message Board

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