Suntech Infra Solutions Ltd. Raises ₹44.39 Crore with SME IPO Launches on NSE
Suntech Infra Solutions Ltd., a B2B civil‑construction firm specializing in foundation, structural works, sub‑contracting, and equipment rental across sectors including power, oil & gas, steel, cement, renewables, refineries, petrochemicals, fertiliser, bridges, and irrigation, has announced its ₹44.39 crore SME IPO on the NSE. Incorporated in April 2009.
Suntech Infra Solutions IPO Details & Allocation
- Issue Size & Price Band
The IPO comprises 51.62 lakh equity shares, offered at ₹81–₹86 each (face value ₹10), aggregating up to ₹44.39 cr. - Breakdown of Shares
- Market-maker: 2.59 lakh shares (5.02%) reserved
- Fresh Issue: approx. ₹34.18 crore
- Offer for Sale: approx. ₹10.21 crore
- Investor Category-wise Allocation
- QIB (incl. Anchor): 24.496 lakh (47.46%)
- Anchor Investors: 14.688 lakh (28.46%)
- QIB (ex‑anchor): 9.808 lakh (19%)
- NII (HNI): 7.36 lakh (14.26%)
- Retail: 17.168 lakh (33.26%)
Suntech Infra Solutions IPO Timing & Lot Size
- IPO Opens: Wednesday, June 25, 2025
- Closes: Friday, June 27, 2025
- Tentative Allotment: Monday, June 30, 2025
- Refunds & Demat Credit: Initiated Tuesday, July 1, 2025
- Tentative Listing: Wednesday, July 2, 2025 on NSE SME
Lot Size & Minimum Investment
- Retail investors must apply for a minimum of 1,600 shares (₹1.37 6lakh at the upper price band).
- HNIs may apply for multiples: minimum two lots (3,200 shares totaling ₹2.752 lakh).
Use of Suntech Infra Solutions IPO Proceeds
The net proceeds from the IPO will be allocated as follows:
- ₹12.21 crore to meet working-capital requirements
- ₹12.51 crore for acquisition of construction equipment
- Remaining amount for general corporate purposes
Suntech Infra Solutions Limited Recent Financials & Order Book
As of March 31, 2024, the company reported:
- Assets: ₹120.28 crore (up from ₹100.38 crore in March 2023)
- Revenue: ₹96.25 crore
- Profit after Tax: ₹9.25 crore
- EBITDA: ₹27.22 crore
- Net Worth: ₹38.56 crore
By December 31, 2024, these figures further strengthened:
- Assets: ₹164.30 crore
- Revenue: ₹91.25 crore
- PAT: ₹10.28 crore
- EBITDA: ₹29.57 crore
- Net Worth: ₹48.84 crore
Outstanding Order Book (as of July 31, 2024)
- Ongoing civil projects valued at ₹186.37 cr0re confirmed by letters of allocation and purchase orders
- Equipment‑rental order book worth ₹10.93 cr0re
Suntech Infra Solutions Limited Promoters, Management & Registrar
Promoters include Mr. Gaurav Gupta, Mr. Parveen Kumar Gupta, and Mrs. Shikha Gupta. GYR Capital Advisors Private Limited leads as the book‑running lead manager, while Mas Services Limited serves as the IPO registrar.
Important Document
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