IPO Issue Details
Issue Price / Price Band₹86 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size51,61,600 shares (aggregating up to ₹44.39 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 25 Jun 2025
Subscription CloseFri, 27 Jun 2025
Anchor AllotmentTue, 24 Jun 2025
Basis of AllotmentMon, 30 Jun 2025
Initiation of RefundsTue, 01 Jul 2025
Credit of Shares to DematTue, 01 Jul 2025
Listing DateWed, 02 Jul 2025
UPI Mandate Deadline2025-06-27
Application & Investment Details
Retail — Min (1 Lots)₹1,37,600 — 1600 shares
Retail — Max (13 Lots)₹1,788,800 (13 Lots)
HNI — Min (2 Lots)₹2,75,200 — 3200 shares
EPS (Pre-IPO)₹6.01
EPS (Post-IPO)₹7.08
P/E Ratio (Pre-IPO)14.31x
P/E Ratio (Post-IPO)12.15x
Net Offer to Public49,02,400 shares (aggregating up to ₹42.16 Cr)
Reserved for Market Maker2,59,200 shares (aggregating up to ₹2.23 Cr)
Pre-IPO Promoter Holding1,53,88,200 shares
Post-IPO Promoter Holding1,93,62,600 shares
Fresh Issue Shares37,15,200 shares (aggregating up to ₹31.95 Cr)
Offer for Sale Shares11,87,200 shares of ₹10 (aggregating up to ₹10.21 Cr)
About Suntech Infra Solutions Ltd.
Incorporated in April 2009, Suntech Infra Solutions Limited is a business-to-business (“ B2B”) construction company. The Company provides Civil Construction Services, including Foundation and Structural Works, through direct contracting, sub-contracting, and equipment rental.The company served public and private clients, providing solutions in Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Petrochemical, Fertilizer, and Process Plants. They also contribute to urban and rural infrastructure, including bridges and irrigation systems.As of July 31, 2024, the company has 06 ongoing projects valued at ₹ 18,637.19 Lakhs, confirmed by Letters of Allocation and a Purchase Order.Additionally, it has an Order Book for Construction Equipment Renting worth about ₹ 1,092.70 Lakhs.The company sells its products in Delhi, Bihar, Gujarat, Orissa, Rajasthan etc.The company has a large fleet of modern construction equipment, including Hydraulic Rotary Piling Rigs, Diaphragm Wall Grabs, Concrete Boom Placers, Crawler Cranes, and Vibro Hammers.The company has served key industry players such as Bharat Mandapam, ITPO, Delhi; IOCL Refinery Expansion at Barauni & Barmer; Ultratech Cement Plant at Kotputli, Rajasthan; and Highrise Building foundation for UNTIY Group, Etc.As of March 31, 2024, The company has around 462 full-time employees and employs 200 to 220 casual workers based on project needs.Competitive Strength:Established track record for timely execution.The order book is a key indicator of future performance, reflecting expected revenue.The range of solutions includes the renting of construction equipment.Experienced Promoter and management team.Optimal Utilization of Resources.Pricing and Payment Structure.
Objects of the Issue
Suntech Infra Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding working capital requirements of the company
12.21
2
2 Funding of capital expenditure requirements of the company towards purchase of Construction Equipments for civil construction business
12.51
3
3 General corporate purposes
5.03
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,53,88,200 shares
Post-IPO Promoter Holding
1,93,62,600 shares