suntech infra solutions limited IPO
IPO Overview
Suntech infra solutions limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹86 per share, and retail investors can apply with a minimum investment of ₹2.75 L as per IPO guidelines.
The Suntech infra solutions limited IPO opens on 25 Jun 2025 and closes on 27 Jun 2025. The IPO allotment is expected to be finalized on 30 Jun 2025, and the equity shares are proposed to be listed on NSE on 2 Jul 2025.
Investors can refer to the Suntech infra solutions limited IPO RHP-DRHP for detailed information. The issue is managed by GYR Capital Advisors Private Limited as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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.
Investment Objective
Funding of capital expenditure requirements of the company towards purchase of Construction Equipments for civil construction business
General corporate purposes