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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:
| IPO Date | Mar 30, 2022 to Apr 5, 2022 |
| Listing Date | Apr 12, 2022 |
| Face Value | ₹10 per share |
| Price | ₹121 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,380,000 shares (aggregating up to ₹16.70 Cr) |
| Fresh Issue | 1,380,000 shares (aggregating up to ₹16.70 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Other Shares Offered | 651,000 (50.00%) |
| Retail Shares Offered | 651,000 (50.00%) |
| Market Maker portion | 78,000 shares |
| Total Shares Offered | 1,302,000 |
Sunrise Efficient Marketing IPO opens on Mar 30, 2022, and closes on Apr 5, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Mar 30, 2022 |
| 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 |
| Listing Date | Apr 12, 2022 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Sunrise Efficient Marketing IPO lot size is 1000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹121,000 |
| Retail (Max) | 1 | 1000 | ₹121,000 |
| Lot Size Calculator | |||
Lejas Desai is the company's promoter.
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.40% |
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)
| Category | Subscription (times) |
|---|---|
| Other | 1.78 |
| Retail | 1.13 |
| Total | 1.46 |
| 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 | |||
[Dilip Davda] 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...
The net proceeds of the Offer are proposed to be utilized in the following manner:
| Listing Date | Apr 12, 2022 |
| BSE Script Code | 543515 |
| NSE Symbol | |
| ISIN | INE0KPY01017 |
| Final Issue Price | ₹121 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹121.00 |
| ₹121.25 |
| ₹121.25 |
| ₹124.85 |
| ₹124.80 |
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/
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: seml.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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
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, Nuvama, 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.
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