Suntech Infra Solutions 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 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: Established track record for timely execution. The order book is a key indicator of future performance, reflecting expected revenue. The range of solutions includes the renting of construction equipment. Experienced Promoter and management team. Optimal Utilization of Resources. Pricing and Payment Structure.

Funding working capital requirements of the company Funding of capital expenditure requirements of the company towards purchase of Construction Equipments for civil construction business General corporate purposes