Bookbuilding IPO | ₹86 Cr | Listed at BSE SME | Fri, Aug 29, 2025 - Tue, Sep 2, 2025

Sugs Lloyd IPO is a book build issue of ₹85.66 crores. The issue is entirely a fresh issue of 0.70 crore shares of ₹85.66 crore.
Sugs Lloyd IPO bidding started from Aug 29, 2025 and ended on Sep 2, 2025. The allotment for Sugs Lloyd IPO was finalized on Sep 3, 2025. The shares got listed on BSE SME on Sep 5, 2025.
Sugs Lloyd IPO price band is set at ₹123 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,46,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,69,000.
3Dimension Capital Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Aftertrade Broking Pvt.Ltd..
Refer to Sugs Lloyd IPO RHP for detailed Information.
IPO Open
Fri, Aug 29, 2025
IPO Close
Tue, Sep 2, 2025
Issue Price
₹123 per share
Market Cap (Pre-IPO)
₹285.53 Cr
| IPO Date | 29 Aug to 2 Sep, 2025 |
| Listed on | Fri, Sep 5, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹117 to ₹123 |
| Issue Price | ₹123 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 69,64,000 shares (agg. up to ₹86 Cr) |
| Reserved for Market Maker | 3,50,000 shares Aftertrade Broking Pvt.Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 66,14,000 shares (agg. up to ₹81 Cr) |
| Net Offered to Public | 66,14,000 shares (agg. up to ₹81 Cr) |
| Share Holding Pre Issue | 1,62,50,000 shares |
| Share Holding Post Issue | 2,32,14,000 shares |
| BSE Script Code | 544501 |
| ISIN | INE0XX801016 |
Sugs Lloyd IPO comprises a total issue size of 69,64,000 shares. The net offer to the public is 66,14,000 shares, after excluding 3,50,000 shares allotted on a firm basis. Of the Net offer 6,91,000 (10.45%) are allocated to QIB, 21,85,000 (33.04%) allocated to NII 37,38,000 (56.52%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 6,91,000 | 10.45% | 9.92% |
| − Anchor Investor Shares Offered | 4,06,000 | 5.83% | |
| − QIB (Ex. Anchor) Shares Offered | 2,85,000 | 4.09% | |
| NII (HNI) Shares Offered | 21,85,000 | 33.04% | 31.38% |
| − bNII > ₹10L | 14,56,000 | 20.91% | |
| − sNII < ₹10L | 7,29,000 | 10.47% | |
| Retail Shares Offered | 37,38,000 | 56.52% | 53.68% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,50,000 | 5.03% | |
| Total Shares Offered | 69,64,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,46,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,46,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,69,000 |
| S-HNI (Max) | 8 | 8,000 | ₹9,84,000 |
| B-HNI (Min) | 9 | 9,000 | ₹11,07,000 |
Sugs Lloyd IPO raises ₹4.99 crore from anchor investors. Sugs Lloyd IPO Anchor bid date is August 28, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Aug 28, 2025 |
| Shares Offered | 4,06,000 |
| Anchor Portion (₹ Cr.) | 4.99 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Oct 3, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Dec 2, 2025 |
Incorporated in 2009, SUGS Lloyd Limited is a technology-driven engineering and construction company specializing in renewable energy, particularly solar energy, as well as electrical transmission, distribution, and civil EPC (Engineering, Procurement, and Construction) projects.
The company offers a comprehensive range of services, including the development of power transmission and distribution infrastructure, construction of power substations, and the renovation, upgrading, and modification of existing power systems.
With a commitment to delivering innovative and sustainable engineering solutions, SUGS Lloyd Limited continues to play a significant role in advancing infrastructure development, particularly in the renewable energy sector.
Services:
As on March 31, 2025, the company has 206 employees on payroll.
Competitive Strengths:
Sugs Lloyd Ltd.'s revenue increased by 159% and profit after tax (PAT) rose by 60% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 133.50 | 48.23 | 24.65 |
| Total Income | 177.87 | 68.75 | 36.36 |
| Profit After Tax | 16.78 | 10.48 | 2.29 |
| EBITDA | 25.83 | 10.96 | 4.10 |
| NET Worth | 38.64 | 21.86 | 11.38 |
| Reserves and Surplus | 22.39 | 12.11 | 8.13 |
| Total Borrowing | 74.83 | 18.57 | 8.36 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 64.00 |
| 2 | General Corporate Purposes | 9.92 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 55.47% |
| ROCE | 21.58% |
| Debt/Equity | 1.94 |
| RoNW | 43.42% |
| PAT Margin | 9.52% |
| EBITDA Margin | 14.66% |
| Price to Book Value | 9.14 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.32 | 7.23 |
| P/E (x) | 11.91 | 17.02 |
| Promoter Holding | 99.99% | 70% |
| Market Cap | ₹285.53 Cr. |
The Sugs Lloyd IPO is subscribed 3.23 times on September 2, 2025 5:04:36 PM (Day 3). The public issue subscribed 2.12 times in the individual investors category, 2.03 times in the QIB category, and 5.30 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 2.03 | 2,85,000 | 5,78,000 | 0 |
| NII* | 5.30 | 21,85,000 | 1,15,72,000 | 0 |
| bNII (bids above ₹10L) | 8.71 | 11,06,000 | 96,36,000 | |
| sNII (bids below ₹10L) | 2.66 | 7,29,000 | 19,36,000 | |
| Individual Investors | 2.12 | 37,38,000 | 79,10,000 | 0 |
| Total | 3.23 | 62,18,000 | 2,00,60,000 | 5,615 |
Total Application : 5,615
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees and commissions payable to the BRLM (including any underwriting commission, brokerage, and selling commission) | 11.39 |
| 2 | Fees Payable to Registrar to the Issue | 0.02 |
| 3 | Fees Payable for Advertising, Marketing Expenses, and Printing Expenses | 0.14 |
| 4 | Fees Payable to Legal Advisor to the Issue | 0.03 |
| 5 | Fees payable for Financial Due Diligence | 0.01 |
| 6 | Fees payable for Secretarial Work | 0.01 |
| 7 | Fees Payable to Regulators including Stock Exchange and other Intermediaries | 0.06 |
| 8 | Fees payable to Peer Review Auditor | 0.02 |
| 9 | Fees Payable to Market Maker (for Three Years) | 0.03 |
| 10 | Fees Payable to Monitoring Agency | 0.03 |
| 11 | Others, if any (Commission/processing fee for SCSBs, Sponsor Bank(s), Banker to the Issue and Bidding Charges for Members of the Syndicate, Registered Brokers, CDPs and other Miscellaneous expenses) | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹123.00 |
| Open | ₹119.90 |
| Low | ₹116.50 |
| High | ₹125.85 |
| Last Trade | ₹125.85 |
Lead Manager Reports
Sugs Lloyd IPO is a SME IPO of 69,64,000 equity shares of the face value of ₹10 aggregating up to ₹86 Crores. The issue is priced at ₹123 per share. The minimum order quantity is 1000.
The IPO opens on Fri, Aug 29, 2025, and closes on Tue, Sep 2, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sugs Lloyd IPO using UPI as a payment gateway. Zerodha customers can apply in Sugs Lloyd IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sugs Lloyd IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sugs Lloyd IPO opens on Fri, Aug 29, 2025 and closes on Tue, Sep 2, 2025.
Sugs Lloyd IPO lot size is 1000, and the minimum amount required for application is ₹2,46,000, with 2 lots being the minimum application size.
You can apply in Sugs Lloyd IPO online using either UPI or ASBA as a 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. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sugs Lloyd IPO will be done on Wednesday, September 3, 2025, and the allotted shares will be credited to your demat account by Thu, Sep 4, 2025. Check the Sugs Lloyd IPO allotment status.
The Sugs Lloyd IPO listing date is on Fri, Sep 5, 2025.