Sugs Lloyd IPO Details

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

Sugs Lloyd IPO Logo

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 Details

IPO Date29 Aug to 2 Sep, 2025
Listed onFri, Sep 5, 2025
Face Value10 per share
Price Band₹117 to ₹123
Issue Price₹123 per share
Lot Size1,000 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size69,64,000 shares
(agg. up to ₹86 Cr)
Reserved for Market Maker
3,50,000 shares
(agg. up to ₹4 Cr)
Aftertrade Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
66,14,000 shares
(agg. up to ₹81 Cr)
Net Offered to Public66,14,000 shares
(agg. up to ₹81 Cr)
Share Holding Pre Issue1,62,50,000 shares
Share Holding Post Issue2,32,14,000 shares
BSE Script Code 544501
ISININE0XX801016

IPO Timetable

Issue Reservation

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 6,91,00010.45%9.92%
  − Anchor Investor Shares Offered 4,06,0005.83%
  − QIB (Ex. Anchor) Shares Offered 2,85,0004.09%
NII (HNI) Shares Offered 21,85,00033.04%31.38%
  − bNII > ₹10L 14,56,00020.91%
  − sNII < ₹10L 7,29,00010.47%
Retail Shares Offered 37,38,00056.52%53.68%
Firm Reservations
Market Maker Shares Offered 3,50,0005.03%
Total Shares Offered 69,64,000100.00%100.00%

IPO Lot Size

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
IPO Subscription Details

IPO Anchor Investors

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 DateThu, Aug 28, 2025
Shares Offered4,06,000
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

About Sugs Lloyd Ltd.

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:

  • Solar EPC: Ground mount solar, Roof top solar
  • Electrical EPC: Smart meter installation work, AMC for electrical 33/11 k V line network
  • Civil EPC: Civil building construction, refurbishment and modernization of govt. buildings
  • Manpower staffing: Manpower staffing, Recruitment of young technical professionals through NAPS/NATS under Government of India

As on March 31, 2025, the company has 206 employees on payroll.

Competitive Strengths:

  • Quality Assurance and Standards
  • Existing client relationship
  • Scalable Business Model

Company Financials (Restated Consolidated)

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 Ended31 Mar 202531 Mar 202431 Mar 2023
Assets133.5048.2324.65
Total Income177.8768.7536.36
Profit After Tax16.7810.482.29
EBITDA25.8310.964.10
NET Worth38.6421.8611.38
Reserves and Surplus22.3912.118.13
Total Borrowing74.8318.578.36
Amount in ₹ Crore

IPO Objects of the Issue

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

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)10.327.23
P/E (x)11.9117.02
Promoter Holding99.99%70%
Market Cap285.53 Cr.
Mrs. Priti Shah and Mr. Santosh Kumar Shah are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
SLL is engaged in providing solutions and services for renewable energy sector. It primarily focuses on solar energy and related activities. The company posted growth in its top and bottom lines for reported periods. Quantum jump in bottom lines from FY24 onward raise eyebrows and concern over its sustainability going forward. Based on its recent financial data, the IPO appears fully priced. Well-informed investors may park funds for medium to long term.
Read detail review...

Sugs Lloyd IPO Recommendations

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Sugs Lloyd IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB (Ex Anchor)2.032,85,0005,78,0000
NII*5.3021,85,0001,15,72,0000
    bNII (bids above ₹10L)8.7111,06,00096,36,000
    sNII (bids below ₹10L)2.667,29,00019,36,000
Individual Investors2.1237,38,00079,10,0000
Total3.2362,18,0002,00,60,0005,615

Total Application : 5,615

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# 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

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price123.00
Open119.90
Low116.50
High125.85
Last Trade125.85

Check IPO Performance…

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Sugs Lloyd Ltd. Address
Office No-8B,
CSC-I Mandawali,
Fazalpur behind Narwana Apartments,
New Delhi, New Delhi, 110092
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IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sugs Lloyd IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

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