IPO - Initial Public Offerings

 SUNTECH

  

SUNTECH INFRA SOLUTIONS LIMITED IPO

25 Jun, 10:00 AM

Issue Open

27 Jun, 05:00 PM

Issue Close

1600

Lot Size

₹ 81.00 – ₹ 86.00

Price Range

IPO Issue Details

Issue size 44.39 Cr
Market Price 86.00
Registrar Mas Services Limited
Face Value RS.10 /- Per share
Listing at NSE

About

SUNTECH INFRA SOLUTIONS LIMITED IPO
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 Barani & 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.

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 1600 ₹ 1,37,600.00
S-HNI  (2 Lakh to 10 Lakh) 2 3200 ₹ 2,75,200.00
S-HNI  (2 Lakh to 10 Lakh) 7 11200 ₹ 9,63,200.00
B-HNI  (Above 10 Lakh) 8 12800 ₹ 11,00,800.00

IPO TimeLine

Open Date 25-Jun-2025
Close Date 27-Jun-2025
Basis of Allotment Date 30-Jun-2025
Initiation of Refunds 01-Jul-2025
Credit Shares to Demat A/c 01-Jul-2025
IPO Listing Date 02-Jul-2025