Sunrise efficient marketing IPO engages in the business of trading, distributing, and wholesaling different types of industrial products such as electrical items, electronic items, spare parts.
Sunrise efficient marketing IPO – overview
| IPO Dates | 30 March -5 April 2022 |
| IPO Price | INR 121 per share |
| Fresh issue | 1,380,000 shares (INR 16.70 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,380,000 shares (INR 16.70 crore) |
| Minimum bid (lot size) | 1000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Sunrise efficient marketing IPO – Tentative Dates
| IPO Offer Opening Date | 30 March 2022 |
| IPO Closing Date | 05 April 2022 |
| Finalization of Basis of Allotment | 08 April 2022 |
| Initiation of refunds | 11 April 2022 |
| Transfer of shares to demat accounts | 12 April 2022 |
| IPO Listing Date | 12 April 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
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 the company started selling its own brand Synchro Plus motors.
Strengths:
- Large & Diverse Product Portfolio.
- Established relationships with institutional customers.
- Quality Assurance and Control.
- Experienced Promoter and skilled workforce.
Objects of the Issue
- Meeting incremental working capital requirements.
- General corporate purposes.
- Issue-related expenses.
Company Financials
| Particulars | 31- Sept -21 | 31-March -21 |
| Total Assets | 2,279.36 | 1,651.16 |
| Total Revenue | 3,006.79 | 2,618.52 |
| Profit After Tax | 312.36 | 18.37 |
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/
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: seml.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Lead Manager(s)
- Fedex Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
