Sunrise Efficient Marketing IPO Date, Lot Size and Price

Sunrise Efficient Marketing IPO Details: Sunrise Efficient Marketing is about to launch an initial public offering (IPO). The maiden share sale of Sunrise Efficient Marketing Solutions Limited, which provides online and offline coaching services for UPSE, banking, government services, and jobs tests, would be intriguing to watch. Sunrise Efficient Marketing Solutions has chosen a price range of Rs 130-137 per share for its initial public offering.

Sunrise Efficient Marketing IPO

Sunrise Efficient Marketing IPO Details

Opening DateMar 30, 2022
Close DateApr 5, 2022
Price BandRs. 121 per equity share
Lot Size1000 Shares
Issue Size (Rs. Cr.)1,380,000 Eq Shares of ₹10 (aggregating up to ₹16.70 Cr)
Face ValueRs. 10 per equity share
Issue TypeFixed Price Issue IPO
Exchange BoardBSE, SME
Fresh Issue1,380,000 Eq Shares of Rs. 10 (aggregating up to Rs. 16.70 Cr)
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Basis of Allotment DateApr 8, 2022
Initiation of RefundsApr 11, 2022
Credit of Shares to Demat AccountApr 12, 2022
IPO Listing DateApr 13, 2022

Sunrise Efficient Marketing IPO Date

The IPO date for Sunrise Efficient Marketing has been set. The IPO will commence on March 30 and end on April 5, 2022. In 2002, Sunrise Efficient Marketing Limited was founded. They deal in industrial products and trade, distribute, and wholesale them.

Sunrise Efficient Marketing IPO Price

Sunrise Efficient Marketing is a BSE SME IPO with a target price of Rs. 16.70 crores. They offer two alternative business models for distributing automotive parts, gearboxes, motors, pumps, and FMCG products: B2B and B2C.

Sunrise Efficient Marketing IPO Lot Size

The market lot size for the Sunrise Efficient Marketing IPO is 1000 shares. An individual retail investor can apply for up to one lot (1000 shares or Rs. 121,000).

Sunrise Efficient Marketing IPO Allotment Date and Listing Date

The basis of allotment of Sunrise Efficient Marketing IPO will be finalised on 30 April, 2022 refunds and credit of shares to demat accounts will begin on 12 April, 2022 and the IPO listing is expected to happen by 13 April, 2022.

About Sunrise Efficient Marketing IPO

Sunrise Efficient Marketing Limited trades, distributes, and wholesales a variety of industrial products, including electrical items, electronic items, replacement parts, and so on. Automotive Parts, Gear Boxes, Motors, Pumps, Oils, and FMCG Products are all distributed by the company. The company employs both B2B and B2C business formats, and it presently represents 138 manufacturers as an authorised dealer.

Pipes, pipe fittings, sanitation parts, mechanical and engineering items, all types of machined and un-machined castings, industrial valves, and their spares, Oils, lubricants, all types of motors, pumps, generator sets, batteries, and all types of electrical, mechanical, electromechanical, and electronic items, and spare parts, accessories used for industrial, domestic, and commercial purposes are among the products that the company retails, imports, exports, sells, fabricates.

Consumer Goods (FMCG Division) was created in 2011 as a distributor for Pepsico, and the company began marketing its own brand Synchro Plus motors in 2021.

Promoters of Sunrise Efficient Marketing IPO

The company’s promoter is Lejas Desai.


Sunrise Efficient Marketing IPO FAQs

What is Sunrise Efficient Marketing IPO?

Sunrise Efficient Marketing IPO is a SME IPO of 1,380,000 equity shares of the face value of Rs. 10 aggregating up to Rs. 16.70 Crores. The issue is priced at Rs. 121 per equity share. The minimum order quantity is 1000 Shares.

When Sunrise Efficient Marketing IPO will open?

The Sunrise Efficient Marketing IPO opens on Mar 30, 2022 and closes on Apr 5, 2022.

What is the lot size of Sunrise Efficient Marketing IPO?

Sunrise Efficient Marketing IPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

How to apply for Sunrise Efficient Marketing IPO?

You can apply in Sunrise Efficient Marketing IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.

When Sunrise Efficient Marketing IPO allotment?

The finalization of Basis of Allotment for Sunrise Efficient Marketing IPO will be done on 8 April 2022, and the allotted shares will be credited to your demat account by 12 April 2022.

When is Sunrise Efficient Marketing IPO listing date?

The Sunrise Efficient Marketing IPO listing date is not yet announced. The tentative date of Sunrise Efficient Marketing IPO listing is 13 April 2022.

Who is the registrar of Sunrise Efficient Marketing IPO?

KFintech Private Limited is the registrar for the Sunrise Efficient Marketing IPO.

What is Sunrise Efficient Marketing IPO Price Band?

Sunrise Efficient Marketing IPO price band is Rs. 121 per equity share.