1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Issue Size
32,64,000 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 58.31 | 50.22 | 46.97 | 39.13 |
| Total Income | 61.30 | 90.53 | 67.30 | 60.23 |
| Profit After Tax | 4.55 | 4.74 | 2.14 | 2.32 |
| EBITDA | 8.40 | 10.56 | 6.18 | 3.78 |
| NET Worth | 18.82 | 14.42 | 9.69 | 7.55 |
| Reserves and Surplus | 18.31 | 13.85 | 9.11 | 6.97 |
| Total Borrowing | 17.63 | 24.11 | 24.27 | 19.89 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Happy Steels Ltd. | SME | ₹25.00 Cr | ₹66 | 9.76 | ₹68.50 | +3.79% | ₹62.00 (-0.08%) |
| Autofurnish Ltd. | SME | ₹14.60 Cr | ₹41 | 11.64 | ₹45.15 | +10.12% | ₹55.30 (-6.27%) |
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹157.00 (+0.00%) |
| Sellowrap Industries Ltd. | SME | ₹30.28 Cr | ₹83 | 8.4 | ₹94.50 | +13.86% | ₹64.25 (-1.91%) |
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹2,775.20 (+3.65%) |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹558.55 (-1.90%) |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹444.85 (-0.50%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure for purchase and installation of Machines and ERP Systems. | 8.82 |
| 2 | To meet working capital requirements. | 11.00 |
| 3 | Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the Company. | 1.25 |
| 4 | General Corporate Purposes. | |
| Total | 21.07 |
About Sunrays Engineers IPO
Incorporated in 2005, Sunrays Engineers Limited is engaged in the manufacturing of customized aluminium high-pressure die-cast (HPDC) components for automotive and non-automotive applications. The company has nearly two decades of experience in producing precision aluminium components based on technical drawings, specifications, and performance requirements provided by customers, including original equipment manufacturers (OEMs). Its automotive product portfolio includes vacuum brake parts, air suction valves for two-wheelers, oil filters, gear shift components, and other engine parts for four-wheelers. In the non-automotive segment, the company manufactures engine and genset components, street light and outdoor lighting heat sinks, and other engineering products. As of the date of the DRHP, the company operates two manufacturing facilities and one warehouse, all located at Sector-8, IMT Manesar, Gurugram, Haryana. As on December 31, 2025, the company had a total employee strength of 102.+ Read More
Contact Details
Sunrays Engineers Ltd. AddressPlot No. 459-460,Sector-8,IMT ManesarGurugram, Haryana, 122052cs@sunrayseng.comVisit Website