Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Sureflo Techcon Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on September 30, 2025 to raise funds through Initial Public Offer (IPO).
Sureflo Techcon Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.35 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Gretex Corporate Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sureflo Techcon IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 35,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 35,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 85,00,003 shares |
| Share Holding Post Issue | 94,37,503 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated on April 16, 2013, Sureflo Techcon Limited is engaged in the business of providing customised engineering solutions, products, and services that cater to diverse industrial applications across multiple stages of the wastewater and effluent treatment value chain.
The company offer four key wastewater treatment verticals: filtration, separation, aeration, and robotic cleaning. These include customised systems to remove solids, separate liquids, add oxygen, and clean tanks safely with robotic technology.
The company's in-house teams manage design, fabrication, assembly, and quality control while basic casted and moulded components are sourced from external ventors.
Products:
Competitive Strengths:
Sureflo Techcon Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 106% 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 | 77.67 | 78.29 | 43.68 |
| Total Income | 43.73 | 37.49 | 30.74 |
| Profit After Tax | 7.12 | 3.46 | 0.99 |
| EBITDA | 8.02 | 5.37 | 2.89 |
| NET Worth | 24.10 | 17.77 | 11.54 |
| Reserves and Surplus | 20.70 | 14.37 | 8.14 |
| Total Borrowing | 22.57 | 29.29 | 18.84 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure towards expansion within existing facility | 24.63 |
| 2 | Repayment/prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company | 2.70 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 34.01% |
| ROCE | 27.06% |
| Debt/Equity | 0.94 |
| RoNW | 34.01% |
| PAT Margin | 19.44% |
| EBITDA Margin | 21.89% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.99% |
Lead Manager Reports
Sureflo Techcon IPO is a SME IPO of 35,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Sureflo Techcon IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Sureflo Techcon IPO using UPI as a payment gateway. Zerodha customers can apply in Sureflo Techcon IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sureflo Techcon IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sureflo Techcon IPO dates are not announced. Please check back again after some time.
Sureflo Techcon IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sureflo Techcon 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 Sureflo Techcon IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sureflo Techcon IPO allotment status.
The Sureflo Techcon IPO listing date is not yet announced. The tentative date of listing is .
