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Open
30 Jan to 3 Feb, 2006
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Close
30 Jan to 3 Feb, 2006
3
Allotment
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Listing
Thu, Mar 2, 2006
Price Band
₹100 per share
Issue Size
34,75,160 shares (agg. up to ₹35 Cr)
Listing Date
Thu, Mar 2, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.59x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 59.06 | 46.65 | 26.18 | 19.87 |
| Total Income | 59.43 | 68.84 | 35.83 | 22.54 |
| Profit After Tax | 2.29 | 2.24 | 0.83 | 0.42 |
| NET Worth | 14.04 | 11.61 | 4.66 | 3.31 |
| Reserves and Surplus | 7.48 | 5.09 | 2.92 | 1.57 |
| Total Borrowing | 19.77 | 25.05 | 6.57 | 3.75 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Everest Kanto Cylinder Ltd. | Mainboard | ₹90.00 Cr | ₹160 | 13.45 | ₹201.75 | +26.09% | ₹113.05 (-1.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Long Term incremental Working Capital | 44.55 |
| 2 | Acquisition of Fixed Assets | 9.26 |
| 3 | Foreclosure of Term Debt | 2.84 |
| 4 | Issue related Expenses | 1.88 |
| Total | 58.53 |
About Sunil Hitech Engineers IPO
Incorporated in 1998, Sunil Hitech Engineers Ltd specializes in a niche segment involving fabrication, erection, testing, and commissioning of key components in thermal power plants, such as bunkers, electrostatic precipitators (ESPs), boilers, and turbine-generator (TG) sets, serving both public and private sector clients. In simple terms, the company undertakes complete execution of thermal power plant projects based on client-provided designs. Its responsibilities include supplying labor and materials, constructing and installing the plant, conducting testing, and delivering a fully operational facility. It also provides overhauling and maintenance services to ensure efficient post-installation performance. With over two decades of experience, the company has built a strong focus and expertise in the growing power sector, positioning itself among a select group of specialized players in this field. Competitive Strengths: Professional Management Skilled Manpower Competitive Advantage Strong order book of Rs. 28552.64 Lacs + Read More
Contact Details
Sunil Hitech Engineers Ltd. AddressRatnadeep, Jainagar, P.O.Parli Vaijnath, Maharashtra, 431520+91-2446-222868info@sunilhitech.comVisit Website