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 ₹86.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,29,600 (1600 shares). The minimum lot size investment for 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 Date | June 25, 2025 to June 27, 2025 |
Listing Date | July 2, 2025 |
Face Value | ₹10 per share |
Issue Price Band | ₹81 to ₹86 per share |
Issue Price Final | ₹86 per share |
Lot Size | 1,600 Shares |
Sale Type | Fresh Capital-cum-Offer for Sale |
Total Issue Size | 51,61,600 shares (aggregating up to ₹44.39 Cr) |
Reserved for Market Maker | 2,59,200 shares Giriraj Stock Broking Pvt.Ltd. (aggregating up to ₹2.23 Cr) |
Fresh Issue (Ex Market Maker) | 37,15,200 shares (aggregating up to ₹31.95 Cr) |
Offer for Sale | 11,87,200 shares of ₹10 (aggregating up to ₹10.21 Cr) |
Net Offered to Public | 49,02,400 shares (aggregating up to ₹42.16 Cr) |
Issue Type | Bookbuilding IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 1,53,88,200 shares |
Share Holding Post Issue | 1,93,62,600 shares |
Suntech Infra Solutions IPO offers total 51,61,600 shares. Out of which 24,49,600 (47.46%) allocated to QIB, 9,80,800 (19.00%) allocated to QIB (Ex- Anchor), 7,36,000 (14.26%) allocated to NII, 17,16,800 (33.26%) allocated to RII and 14,68,800 (28.46%) allocated to Anchor investors.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 2,59,200 (5.02%) |
QIB Shares Offered | 24,49,600 (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 (14.26%) |
Retail Shares Offered | 17,16,800 (33.26%) |
Total Shares Offered | 51,61,600 (100.00%) |
Suntech Infra Solutions IPO raises ₹12.63 crore from anchor investors. Suntech Infra Solutions IPO Anchor bid date is June 24, 2025. Suntech Infra Solutions IPO Anchor Investors list
Bid Date | June 24, 2025 |
Shares Offered | 14,68,800 |
Anchor Portion Size (In Cr.) | 12.63 |
Anchor lock-in period end date for 50% shares (30 Days) | July 30, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | September 28, 2025 |
Suntech Infra Solutions IPO opens on June 25, 2025, and closes on June 27, 2025.
IPO Open Date | Wed, Jun 25, 2025 |
IPO Close Date | Fri, Jun 27, 2025 |
Tentative Allotment | Mon, Jun 30, 2025 |
Initiation of Refunds | Tue, Jul 1, 2025 |
Credit of Shares to Demat | Tue, Jul 1, 2025 |
Tentative Listing Date | Wed, Jul 2, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jun 27, 2025 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Suntech Infra Solutions IPO is ₹166.52 Cr.
KPI as of Sun, Mar 31, 2024.
KPI | Values |
---|---|
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 Rs | 6.01 | 7.08 |
P/E (x) | 14.31 | 12.15 |
The Company Suntech Infra Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
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 |
[Dilip Davda] SISL is in the business of construction activities mainly on B2B basis. It is also engaged in renting construction equipments and has an order book worth Rs. 47+ cr. as of December 31, 2024. The company posted growth in its top and bottom lines for the reported periods. The boosted bottom lines from FY24 onwards raise eyebrows and concern over its sustainability as it is operating in a highly competitive and fragmented segment. Well-informed/cash surplus investors may park moderate funds for medium term. Read detail review...
Listing Date | July 2, 2025 |
BSE Script Code | |
NSE Symbol | SUNTECH |
ISIN | INE0SGZ01016 |
Final Issue Price | ₹86 per share |
NSE Listing Group | ST |
Price Details | NSE SME |
---|---|
Final Issue Price | ₹86.00 |
Open | ₹109.10 |
Low | ₹103.65 |
High | ₹110.00 |
Last Trade | ₹103.80 |
Suntech Infra Solutions Ltd.
Unit No. 604-605-606, 6th Floor,
NDM-2, Plot No. D-1,2,3, Netaji Subhash Place,
Pitampura, Anandvas Shakurpura
North West Delhi, New Delhi, 110034
Phone: +91 8360228604
Email: compliance@suntechinfra.com
Website: https://suntechinfra.com/
MAS Services Ltd.
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp
Suntech Infra Solutions IPO is a SME IPO of 51,61,600 equity shares of the face value of ₹10 aggregating up to ₹44.39 Crores. The issue is priced at ₹86 per share. The minimum order quantity is 1600.
The IPO opens on June 25, 2025, and closes on June 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 June 25, 2025 and closes on June 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 Tuesday, July 1, 2025. Check the Suntech Infra Solutions IPO allotment status.
The Suntech Infra Solutions IPO listing date is on Wednesday, July 2, 2025.
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