Sunrise Efficient Marketing IPO description – The company is in the distribution business of Automation, Drive, Gear Box, Motors, Pumps, Oils and FMCG Products and aids to manage complete supply chain right from the manufacturers and end user.
It is an ISO 9001:2015 certified company primarily engaged in the business as traders, distributors, super stockiest, retailers, wholesalers, importers, exporters, agents, dealers, buyers, sellers, fabricators, assemblers, fitters, installers, repairers of all types of Industrial machineries, its spare parts, electrical items, electronic items, mechanical and engineering items, pipes, pipe fittings, sanitation parts, 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. It is also a distributor for FMCG products.
In July 2020, the company acquired the distribution agreement, customer relationship, employees and brands of M/s Sunrise Marketing and Services – a sole proprietorship concern of its promoter Mr. Lejas Hemantrai Desai.
Promoters of Sunrise Efficient Marketing – Lejas Hemantrai Desai
Sunrise Efficient Marketing IPO Details
| Subscription Dates | 30 March – 5 April 2022 |
| Price Band | INR121 per share |
| Fresh issue | 13,80,000 shares (INR16.7 crore) |
| Offer For Sale | Nil |
| Total IPO size | 13,80,000 shares (INR16.7 crore) |
| Minimum bid (lot size) | 1,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Sunrise Efficient Marketing’s Financial Performance
| Â | FY2021 | H1 FY2022 |
| Revenue | 2,618.5 | 3,006.8 |
| Expenses | 2,593.1 | 2,589.3 |
| Net income | 18.4 | 312.4 |
Sunrise Efficient Marketing Offer News
Sunrise Efficient Marketing Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR0.61
Pre-IPO Price/Earnings (PE ratio): 197.82
Return on Net Worth (RONW): 15.52%
Net Asset Value (NAV): INR3.94 per share
Sunrise Efficient Marketing IPO GMP Daily Trend
| Date | Sunrise Efficient Marketing IPO GMP | Kostak | Subject to Sauda |
Sunrise Efficient Marketing IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 6,90,000 | 6,90,000 | 13,80,000 |
| Day 1 | 1.07 | 0.47 | 0.77 |
| Day 2 | 1.11 | 0.52 | 0.82 |
| Day 3 | 1.11 | 0.54 | 0.83 |
| Day 4 | 1.15 | 0.69 | 0.92 |
| Day 5 | 1.68 | 1.07 | 1.37 |
Sunrise Efficient Marketing Offer Registrar
Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Sunrise Efficient Marketing Contact Details
Sunrise Efficient Marketing Limited
Sub Plot No. 2, block B,
Akash Bhumi Complex,
Village Surat, Gujarat – 394221
Phone:Â +91 9925043408
Email:Â [email protected]
Website:Â www.sunriseefficientmarketing.com
Sunrise Efficient Marketing IPO Allotment Status
Sunrise Efficient Marketing IPO allotment will be available on KFin Technologies’ website. Click on this link to get allotment status.
Sunrise Efficient Marketing IPO Timetable
| IPO Opening Date | 30 March 2022 |
| IPO Closing Date | 5 April 2022 |
| Finalisation of Basis of Allotment | 8 April 2022 |
| Initiation of refunds | 11 April 2022 |
| Transfer of shares to demat accounts | 12 April 2022 |
| Listing Date | 12 April 2022 |
| Opening Price on BSE | INR121.25 per share (up 0.21% from IPO price) |
| Closing Price on BSE | INR124.80 per share (up 3.14% from IPO price) |
Sunrise Efficient Marketing IPO FAQs
What is Sunrise Efficient Marketing offer size?
Sunrise Efficient Marketing offer size is INR16.7 crore.
What is Sunrise Efficient Marketing IPO Price Band?
Sunrise Efficient Marketing public offer price is INR121 per share.
What is the lot size of Sunrise Efficient Marketing IPO?
Sunrise Efficient Marketing offer lot size and the minimum order is 1,000 shares.
What is Sunrise Efficient Marketing IPO GMP today?
Sunrise Efficient Marketing IPO GMP today is NA per share.
What is Sunrise Efficient Marketing kostak rate today?
Sunrise Efficient Marketing kostak rate today is NA per application.
What is Sunrise Efficient Marketing Subject to Sauda rate today?
Sunrise Efficient Marketing Subject to Sauda rate today is NA per application.
