Suntech Infra Solutions SME IPO
ListedNSE SMEOpens 25 June 2025Closes 27 June 2025
Suntech Infra Solutions is a business-to-business (B2B) construction company providing civil construction services and construction equipment rentals. Their civil construction services include Civil Foundation Works…
Suntech Infra Solutions is a business-to-business (B2B) construction company providing civil construction services and construction equipment rentals. Their civil construction services include Civil Foundation Works (such as piling and foundation work), Civil Structural Works, Earthworks, and construction of Bridges and Flyovers, and Industrial and Commercial Structures. They serve both public and private sector clients across various industries, including Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Petrochemical Plants, Fertilizer Plants, and Process Plants.
Show moreShow less
Key ratios
As per RHP / filingsTimeline
IPO Opens
25 Jun
IPO Closes
27 Jun
Allotment
30 Jun
Listing
2 Jul
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 25 June 2025 |
| IPO Close Date | 27 June 2025 |
| Allotment Date | 30 June 2025 |
| Listing Date | 2 July 2025 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,75,200 |
SHNI (Min) | 3 | ₹4,12,800 |
SHNI (Max) | 7 | ₹9,63,200 |
BHNIAbove ₹10,00,000 | 8 | ₹11,00,800 |
IPO Objectives
- 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.
Strengths
- Established track record for timely project execution with a focus on quality, demonstrated by completed projects like Bharat Mandapam and IOCL Refineries.
- Strong order book with ongoing projects worth approximately ₹186.37 crore and an equipment rental order book of about ₹10.93 crore (as of July 31, 2024), providing revenue visibility.
- Experienced Promoter and management team with extensive knowledge in the civil construction industry.
- Own fleet of modern construction equipment, including Hydraulic Rotary Piling Rigs, Cranes, and Boom Placers, which enhances project execution capabilities, reduces reliance on third-party rentals, and provides an additional revenue stream.
- Long-standing relationships with customers in diversified sectors like Power, Oil & Gas, Steel, Cement, and Renewable Energy, ensuring repeat business and stable demand.
Weaknesses
- Working capital-intensive business, characterized by significant upfront and ongoing costs for site setup, raw materials, and consumables, which can strain cash flow and liquidity (working capital days increased from 36.6 days to 76.7 days).
- High customer concentration, with the top 10 clients contributing over 80% of the revenue in recent years, making the business vulnerable to the loss of major clients or payment defaults.
- Registered Office and Yard are on leased premises from Promoters, posing risks in case of non-renewal of lease agreements or disputes related to property use.
- Negative operational cash flow in FY24 (₹-2.48 crore), raising concerns about liquidity and the company's ability to generate sufficient cash from its core operations.
- Intense competition in the highly fragmented civil construction sector from both organized and unorganized players, leading to pricing pressures and potential impact on margins.
Financial Performance
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 164.3 | 120.28 | 100.38 | 77.93 |
| Revenue (₹ Cr.) | 91.25 | 96.25 | 86.19 | 72.32 |
| PAT (₹ Cr.) | 10.28 | 9.25 | 5.76 | 3.02 |
| Net Worth (₹ Cr.) | 48.84 | 38.56 | 26.32 | 20.56 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Suntech Infra Solutions | 3.43 | 18.01 | 23.97% | 48.84 |
| Crown Lifters Limited | 3.35 | 10.92 | 15.8% | 36.07 |
| Itd Cementation India Ltd. | 7.61 | 37.41 | 20.33% | 1,498 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.59x | 6.15x | 122.82x |
| NII | 3.62x | 12.92x | 529.47x |
| RII | 7.84x | 29.94x | 148.73x |
| Total | 4.87x | 19.5x | 222.94x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 9,80,800 | 12,04,59,200 | 1,035.95 |
| NII | 7,36,000 | 38,96,88,000 | 3,351.32 |
| RII | 17,16,800 | 25,53,39,200 | 2,195.92 |
| Total | 34,33,600 | 76,54,86,400 | 6,583.18 |
Company Details
- 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, India
- +91 8360228604
- compliance@suntechinfra.com
- https://suntechinfra.com/
Registrar Details
- Mas Services Limited
- (011) 2610 4142
- ipo@masserv.com
- https://www.masserv.com/opt.asp
Frequently Asked Questions
See live numbers on GMP, Subscription, and Allotment pages.
Suntech Infra Solutions SME IPO News & Updates
Follow the latest updates for Suntech Infra Solutions SME IPO, including grey market moves and allotment news.
Suntech Infra Solutions SME IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Suntech Infra Solutions SME IPO Details
Issue size, price, financials, and company info
Suntech Infra Solutions SME IPO GMP
Live grey market premium and listing estimate
Suntech Infra Solutions SME IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Suntech Infra Solutions SME IPO Allotment
Allotment date, chances, and check by PAN
Suntech Infra Solutions SME IPO Review
SWOT, strengths, risks, and IPO review
Suntech Infra Solutions SME IPO FAQ
Common questions on dates, GMP, and allotment
Suntech Infra Solutions SME IPO Registrar
Registrar website and how to check allotment
Suntech Infra Solutions SME IPO Timeline
Open, close, allotment, and listing dates
Suntech Infra Solutions SME IPO News
Updates, blogs, and latest IPO news
Sources
We match Suntech Infra Solutions SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Mas Services LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.