Subscription
Last updated on 27-Jun-2025 17:01:06
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 980800 | 120459200 | 122.82 |
| NIB | 736000 | 389721600 | 529.51 |
| RETAIL | 1716800 | 257697600 | 150.1 |
| Total | 3433600 | 767878400 | 223.64 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 74 |
| NIB | 11115 |
| RETAIL | 161061 |
| Total | 172250 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 8.43 | 1035.95 | 122.82 |
| FII | - | 318.26 | - |
| FI | - | 115.9 | - |
| IC | - | 16.51 | - |
| MF | - | 0 | - |
| OTH | - | 585.28 | - |
| NIB | 6.33 | 3351.61 | 529.51 |
| RETAIL | 14.76 | 2216.2 | 150.1 |
| Total | 29.53 | 6603.75 | 223.64 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹14.2 | @8% ₹16.2 | @9% ₹18.2 | @10% ₹20.3 | @11% ₹22.3 | @12% ₹24.3 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹61.1 | @8% ₹69.9 | @9% ₹78.6 | @10% ₹87.3 | @11% ₹96.1 | @12% ₹104.8 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1600 | 137600 | 1073 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.26% | 1716800 |
| NII (HNI) | 14.26% | 736000 |
| Anchor | 28.46% | 1468800 |
| QIB | 19.00% | 980800 |
| Market Maker | 5.02% | 259200 |
| Total | 100.00% | 5161600 |
IPO Details
| Issue Size | 51,61,600 shares (aggregating up to ₹44.39 Cr) |
| Fresh Issue | 39,74,400 shares (aggregating up to ₹34.18 Cr) |
| Offer for Sale | 11,87,200 shares of ₹10 (aggregating up to ₹10.21 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 |
| Market Maker Portion | 2,59,200 shares |
Key Performance Indicator (KPI)
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 23.52% | 28.50% | 24.56% |
| ROCE | 14.14% | 17.28% | 17.85% |
| D/E | 1.64 | 1.46 | 1.27 |
| RONW | 21.04% | 23.97% | 21.87% |
| EPS (basic) | 6.68 | 6.21 | 3.97 |
| P/E Pre IPO | 14.31 | ||
| P/E Post IPO | 12.15 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 164.3 | 120.28 | 100.38 | 77.93 |
| Revenue | 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 | 23.9 | 18.15 |
| Total Borrowing | 79.93 | 56.38 | 33.38 | 34.25 |
Company Overview
Incorporation: April 2009
Business Model: B2B construction services (direct contracting, sub-contracting, equipment rental).
Specializations: Civil construction, foundation/structural works, and infrastructure solutions.
Key Offerings
Construction Services:
Sectors: Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Petrochemical, Fertilizer, Process Plants.
Infrastructure: Bridges, irrigation systems, urban/rural projects.
Equipment Rental:
Fleet includes Hydraulic Rotary Piling Rigs, Diaphragm Wall Grabs, Concrete Boom Placers, Crawler Cranes, Vibro Hammers.
Financial Highlights (as of July 31, 2024)
Ongoing Projects: 06 (Value: ₹18,637.19 Lakhs) backed by Letters of Allocation/Purchase Orders.
Order Book (Equipment Rental): ₹1,092.70 Lakhs.
Geographic Presence
Delhi, Bihar, Gujarat, Odisha, Rajasthan, and other regions.
Clients & Projects
Notable Clients:
Bharat Mandapam, ITPO (Delhi)
IOCL Refinery Expansion (Barauni & Barmer)
Ultratech Cement Plant (Kotputli, Rajasthan)
UNTIY Group (Highrise Building Foundation)
Strength
Reliable Execution – Consistently delivers projects on time, boosting client trust.
Robust Order Book – Secures future revenue with strong project pipeline.
Diversified Operations – Balanced income from both construction and equipment rental.
Weakness
High Working Capital Needs – Cash flow shortfalls could disrupt operations.
Funding Constraints – Limited access to capital may hinder growth and expansion plans.
Asset Ownership Risk – Dependence on non-owned facilities may affect operational stability.
Lead Manager(s)
Address
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/