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Open
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Close
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Allotment
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Listing
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Issue Size
32,64,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ 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 |
|---|---|---|---|---|---|---|---|
| Sumax Engineering Ltd. | SME | ₹53.40 Cr | ₹101 | 11.66 | ₹110.45 | +9.36% | ₹126.45 |
| LAPL Automotive Ltd. | SME | ₹32.40 Cr | ₹94 | 9.91 | ₹128.29 | +36.48% | ₹123.00 |
| Poojaa Precision Engg.Ltd. | SME | ₹159.83 Cr | ₹301 | 14.25 | ₹493.50 | +63.95% | ₹706.95 |
| Happy Steels Ltd. | SME | ₹25.00 Cr | ₹66 | 9.76 | ₹68.50 | +3.79% | ₹88.95 |
| Autofurnish Ltd. | SME | ₹14.60 Cr | ₹41 | 11.64 | ₹45.15 | +10.12% | ₹82.95 |
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹161.00 |
| Dhoot Transmission Ltd. | Mainboard | ₹3,066.89 Cr | ₹871 | 41.36 | ₹1,187.05 | +36.29% | ₹1,728.70 |
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹2,906.20 |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹506.35 |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹418.65 |
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
Updated on Apr 6, 2026
Contact Details
Sunrays Engineers Ltd. AddressPlot No. 459-460,Sector-8,IMT ManesarGurugram, Haryana, 122052cs@sunrayseng.comVisit Website