Bookbuilding IPO | ₹44 Cr | Listed at NSE SME | Wed, Jun 25, 2025 - Fri, Jun 27, 2025
Suntech Infra Solutions IPO is a book build issue of ₹44.39 crores. The issue is a combination of fresh issue of 0.40 crore shares aggregating to ₹34.18 crores and offer for sale of 0.12 crore shares aggregating to ₹10.21 crores.
Suntech Infra Solutions IPO bidding started from Jun 25, 2025 and ended on Jun 27, 2025. The allotment for Suntech Infra Solutions IPO was finalized on Jun 30, 2025. The shares got listed on NSE SME on Jul 2, 2025.
Suntech Infra Solutions IPO price band is set at ₹86 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,37,600 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,75,200.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and MAS Services Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Suntech Infra Solutions IPO RHP for detailed Information.
IPO Open
Wed, Jun 25, 2025
IPO Close
Fri, Jun 27, 2025
Issue Price
₹86 per share
Market Cap (Pre-IPO)
₹166.52 Cr
| IPO Date | 25 to 27 Jun, 2025 |
| Listed on | Wed, Jul 2, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹81 to ₹86 |
| Issue Price | ₹86 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 51,61,600 shares (agg. up to ₹44 Cr) |
| Reserved for Market Maker | 2,59,200 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 37,15,200 shares (agg. up to ₹32 Cr) |
| Offer for Sale | 11,87,200 shares of ₹10 (agg. up to ₹10 Cr) |
| Net Offered to Public | 49,02,400 shares (agg. up to ₹42 Cr) |
| Share Holding Pre Issue | 1,53,88,200 shares |
| Share Holding Post Issue | 1,93,62,600 shares |
| NSE Symbol | SUNTECH |
| ISIN | INE0SGZ01016 |
Suntech Infra Solutions IPO comprises a total issue size of 51,61,600 shares. The net offer to the public is 49,02,400 shares, after excluding 2,59,200 shares allotted on a firm basis. Of the Net offer 24,49,600 (49.97%) are allocated to QIB, 7,36,000 (15.01%) allocated to NII 17,16,800 (35.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 24,49,600 | 49.97% | 47.46% |
| − Anchor Investor Shares Offered | 14,68,800 | 28.46% | |
| − QIB (Ex. Anchor) Shares Offered | 9,80,800 | 19.00% | |
| NII (HNI) Shares Offered | 7,36,000 | 15.01% | 14.26% |
| Retail Shares Offered | 17,16,800 | 35.02% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,59,200 | 5.02% | |
| Total Shares Offered | 51,61,600 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,37,600 |
| Retail (Max) | 1 | 1,600 | ₹1,37,600 |
| HNI (Min) | 2 | 3,200 | ₹2,75,200 |
Suntech Infra Solutions IPO raises ₹12.63 crore from anchor investors. Suntech Infra Solutions IPO Anchor bid date is June 24, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Jun 24, 2025 |
| Shares Offered | 14,68,800 |
| Anchor Portion (₹ Cr.) | 12.63 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Jul 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Sep 28, 2025 |
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:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 164.30 | 120.28 | 100.38 | 77.93 |
| Total Income | 91.25 | 96.25 | 86.19 | 72.32 |
| Profit After Tax | 10.28 | 9.25 | 5.76 | 3.02 |
| EBITDA | 29.57 | 27.22 | 19.99 | 13.47 |
| NET Worth | 48.84 | 38.56 | 26.32 | 20.56 |
| Reserves and Surplus | 33.45 | 36.00 | 23.90 | 18.15 |
| Total Borrowing | 79.93 | 56.38 | 33.38 | 34.25 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the company | 12.21 |
| 2 | Funding of capital expenditure requirements of the company towards purchase of Construction Equipments for civil construction business | 12.51 |
| 3 | General corporate purposes | 5.03 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 28.50% |
| ROCE | 17.23% |
| Debt/Equity | 1.46 |
| RoNW | 23.97% |
| PAT Margin | 9.67% |
| EBITDA Margin | 28.28% |
| Price to Book Value | 3.43 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.01 | 7.08 |
| P/E (x) | 14.31 | 12.15 |
| Promoter Holding | 94.17% | 68.71% |
| Market Cap | ₹166.52 Cr. |
The Suntech Infra Solutions IPO is subscribed 223.64 times on June 27, 2025 6:19:59 PM (Day 3). The public issue subscribed 150.10 times in the retail category, 122.82 times in the QIB category, and 529.51 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 122.82 | 9,80,800 | 12,04,59,200 | 74 |
| NII* | 529.51 | 7,36,000 | 38,97,21,600 | 11,115 |
| Retail | 150.10 | 17,16,800 | 25,76,97,600 | 1,61,061 |
| Total | 223.64 | 34,33,600 | 76,78,78,400 | 1,72,250 |
Total Application : 1,72,250
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 0.71 |
| 2 | Underwriting Fees | 2.22 |
| 3 | Fees payable to the Market maker to the Issue | 0.03 |
| 4 | Fees payable to the Registrar to the Issue | 0.06 |
| 5 | Fees payable for Advertising and Publishing Expense | 0.10 |
| 6 | Fees payable to Regulators including Stock Exchange & Depositories | 0.08 |
| 7 | Payment for Printing & Stationary, Postage etc. | 0.00 |
| 8 | Fees payable to statutory auditors, Legal Advisors & other Professionals | 1.24 |
| 9 | Other Expense | 0.10 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹86.00 |
| Open | ₹109.10 |
| Low | ₹103.65 |
| High | ₹110.00 |
| Last Trade | ₹103.80 |
Lead Manager Reports
Suntech Infra Solutions IPO is a SME IPO of 51,61,600 equity shares of the face value of ₹10 aggregating up to ₹44 Crores. The issue is priced at ₹86 per share. The minimum order quantity is 1600.
The IPO opens on Wed, Jun 25, 2025, and closes on Fri, Jun 27, 2025.
MAS Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Suntech Infra Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Suntech Infra Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Suntech Infra Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Suntech Infra Solutions IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025.
Suntech Infra Solutions IPO lot size is 1600, and the minimum amount required for application is ₹1,37,600.
You can apply in Suntech Infra Solutions 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 Suntech Infra Solutions IPO will be done on Monday, June 30, 2025, and the allotted shares will be credited to your demat account by Tue, Jul 1, 2025. Check the Suntech Infra Solutions IPO allotment status.
The Suntech Infra Solutions IPO listing date is on Wed, Jul 2, 2025.
