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Subscription status of Suntech Infra Solutions IPO

Suntech Infra Solutions IPO
(Day 1)

Price Rs. 86 Lot 1600 shares, Rs.42.16 Crore

QIB NII x RII x Total x Applications
         
Note:

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:

  • Bharat Mandapam, ITPO – Delhi

  • IOCL Refinery Expansions – Barauni & Barmer

  • Ultratech Cement Plant – Kotputli, Rajasthan

  • 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.

Get more information about the company

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.

Will provide our guidance soon

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