Sunrest Lifescience Ltd
Price Range
₹84
Min. Quantity
1,600
Closes on
9 November 2023
Min. investment
₹1,34,400/1,600 Shares
Sunrest Lifescience Ltd IPO Timeline
Sunrest Lifescience Limited was originally incorporated as 'Sunrest Lifescience Private Limited' as a Private Limited Company vide Certificate of Incorporation dated October 30, 2017, issued by the Registrar of Companies, Ahmedabad, Gujarat. Subsequently, Company was converted into a Public Limited Company and the name of Company was changed to 'Sunrest Lifescience Limited'. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company was issued by the Registrar of Companies, Ahmedabad on March 21, 2023.
| Event | Date |
|---|---|
| Sunrest Lifescience Ltd IPO Opening Date | 7 November 2023 |
| Sunrest Lifescience Ltd IPO Closing Date | 9 November 2023 |
| Basis of Allotment | 15 November 2023 |
| Initiation of Refunds | 16 November 2023 |
| Credit of Shares to Demat | 17 November 2023 |
| Sunrest Lifescience Ltd IPO Listing Date | 20 November 2023 |
Sunrest Lifescience Ltd IPO Details
| Sunrest Lifescience Ltd IPO Date | 7 November 2023 to 9 November 2023 |
| Sunrest Lifescience Ltd IPO Face Value | ₹10 per share |
| Sunrest Lifescience Ltd IPO Price | ₹84 to ₹0 per share |
| Sunrest Lifescience Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹10.85 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹10.85 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Nikhilkumar Y Thakkar, Ambitbhai Shambhulal Thakkar, Bhagyesh Kirtibhai Parekh |
Sunrest Lifescience Ltd IPO Lot Size
The Sunrest Lifescience Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,34,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,34,400 |
| Maximum | 1 | 1,600 | ₹1,34,400 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Wide range of Products.
- Efficient marketing team.
Company Financials
Sunrest Lifescience Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 25.16 | 29.48 | 0.23 |
| 03-2023 | 16.71 | 24.67 | 2.04 |
| 03-2022 | 13.02 | 26.91 | 0.78 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Meeting working capital requirements
- General corporare purposes
Sunrest Lifescience Ltd IPO Promoter Holding
| Pre Issue Share Holding | 25% |
| Post Issue Share Holding | 17.48% |
Sunrest Lifescience Ltd IPO Subscription Status (Bidding Detail)
The Sunrest Lifescience Ltd IPO is subscribed 45.0979 times on 9 November 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 45.0979 |
Sunrest Lifescience Ltd IPO Prospectus
Sunrest Lifescience Ltd IPO Listing Date
| Listing Date | 20 November 2023 |
| BSE Script | 91669 |
| NSE Symbol | SUNREST |
| Listing In | NSE - SME |
| ISIN | INE0PLZ01012 |
| IPO Price | ₹84 |
| Face Value | ₹10 |
Company Contact Information
FF-41 Ajaj Tenament 6 Near Can-al Nr Ritanagar Sta Vastal Rd,Ahmedabad-382415
Phone: +91-079 29918245
Email: info@sunrestlifescience.com
Website: www.sunrestlifescience.com
Sunrest Lifescience Ltd IPO Registrar
Sunrest Lifescience Ltd IPO Lead Manager(s)
- Mark Corporate Advisors Pvt Ltd
FAQ
What is the issue size of Sunrest Lifescience Ltd IPO?
I have pre-applied for Sunrest Lifescience Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.