What is the last grey market premium of Suntech Infra Solutions IPO?
Listing Review: Will update on listing.
Subscription status of Suntech Infra Solutions IPO
Suntech Infra Solutions IPO Price Rs. 86 Lot 1600 shares, Rs.42.16 Crore |
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QIB | NII x | RII x | Total x | Applications |
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Suntech Infra Solutions IPO Allotment Link:
What is the business of Suntech Infra Solutions?
Suntech Infra Solutions Limited is a dynamic B2B construction company specializing in civil engineering services, with a core focus on foundation and structural works. Operating through direct contracts, sub-contracts, and a robust equipment rental division, Suntech plays a pivotal role in shaping India’s critical infrastructure.
The company serves a diverse clientele across both public and private sectors, delivering high-impact solutions in industries such as Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Petrochemicals, Fertilizers, and Process Plants. Its expertise also extends to essential urban and rural infrastructure projects, including bridges and irrigation systems.
As of July 31, 2024, Suntech is actively executing six major projects with a combined value of approximately Rs.18,637.19 Lakhs, secured through formal Letters of Allocation and Purchase Orders. In addition, its Construction Equipment Rental Order Book stands strong at Rs.1,092.70 Lakhs, reinforcing its position as a trusted partner in the industry.
With operations across key Indian states such as Delhi, Bihar, Gujarat, Odisha, and Rajasthan, Suntech maintains a competitive edge through its extensive fleet of advanced construction machinery, including Hydraulic Rotary Piling Rigs, Diaphragm Wall Grabs, Concrete Boom Placers, Crawler Cranes, and Vibro Hammers.
The company has proudly contributed to landmark projects including:
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Bharat Mandapam, ITPO – Delhi
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IOCL Refinery Expansions – Barauni & Barmer
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Ultratech Cement Plant – Kotputli, Rajasthan
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High-Rise Foundation Projects for the UNITY Group
As of March 31, 2024, Suntech employs approximately 462 full-time professionals and engages an additional 200–220 casual workers depending on project requirements, showcasing its capability to scale and deliver efficiently across project types and geographies.
Suntech Infra Solutions IPO Details
Sector: |
|
IPO opens on | 25 June 2025 |
IPO closes on | 27 June 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | 4902400 Shares / Rs 42.16 Crore |
* Fresh Issue | 3715200 Shares / Rs 31.95 Crore |
* Offer for Sale – | 1187200 Shares/ Rs.10.21 Crore |
Market Maker Portion | 259200 Shares |
Net offer to Public | 4643200 Shares Rs.39.93 Crores |
Face Value per share | Rs. 10 |
Price Band | Rs. 81-86 |
Employee discount | Rs. 0 per share |
Retail Lot Size | 1600 Shares |
Listing will at | NSE SME |
Category | Shares Offered | % of offer | Rs. In Cr. |
Market Maker | 259200 | 5.29% | 2.23 |
QIB | 2321600 | 47.36% | 19.96 |
Anchor Investors | – | – | |
QIB (Ex. Anchor) |
– | ||
NII (HNI | 696500 | 14.21% | 5.99 |
Retail | 1625100 | 33.14% | 13.98 |
Total Shares | 4902400 | 100.00% | 42.16 |
RII portion will be oversubscribed by | forms | ||
Lot | Shares | Amount | |
RII-Min | 1600 | 137600 | |
RII-Max | 1600 | 137600 | |
HNI-Min | 3200 | 275200 |
Who are the Promoters of Suntech Infra Solutions?
The Promoter of the company are Mr. Gaurav Gupta, Mr. Parveen Kumar Gupta and Mrs. Shikha Gupta.
What are the Objects of Suntech Infra Solutions IPO?
*Funding working capital requirements of the company Rs. 10.18 Cr.
*Funding of capital expenditure requirements of the company towards purchase of Construction Equipments for civil construction business Rs. 10.43 Cr.
*General Corporate purposes
Suntech Infra Solutions Timetable
Tentative timetable |
|
IPO opens on | 25 June 2025 |
IPO Closes on | 27 June 2025 |
IPO Allotment on | 30 June 2025 |
Refund Initiation | 1 July 2025 |
Credit of Shares | 1 July 2025 |
Listing on | 2 July 2025 |
Registered Office of the Company Suntech Infra Solutions Limited 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 |
The Lead Manager of this IPO GYR Capital Advisors Pvt ltd |
Who is the Registrar to IPO? Mas Services ltd |
Ace Alpha Tech IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Suntech Infra Solutions Financials
Period Ended | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
Assets | 120.28 | 100.38 | 77.93 |
Revenue | 96.25 | 86.19 | 72.32 |
Profit After Tax | 9.25 | 5.76 | 3.02 |
Net Worth | 38.56 | 26.32 | 20.56 |
Reserves and Surplus | 36 | 23.9 | 18.15 |
Total Borrowing | 56.38 | 33.38 | 34.25 |
Amount in Rs. Crore |
Performance Indicators
KPI | Values |
ROE | 28.50% |
ROCE | 17.23% |
RoNW | 23.97 |
PAT Margin | 9.67% |
Price to Book Value | 3.43 |
EPS Rs. | 6.01 |
PE Ratio | 14.31 |
How Suntech Infra Solutions IPO compares with the Peers?
Company Name | P/E (x) | RoNW (%) |
Suntech Infra Solutions | 23.97 | |
Crown Lifters | 38.27 | 15.27 |
Itd Cementation India | 48.33 | 18.36 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Suntech Infra Solutions IPO Review by Paresh Gordhandas, CA & Research Analyst.
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