Suntech Infra Solutions Limited IPO
Suntech Infra Solutions Limited IPO
Price Band
₹81 - ₹86
Total Issue
₹44.39 Cr
Bid Dates
25 Jun - 27 Jun
Subscription
223.71x
Est. GMP
₹32 (37.21%)
Tentative Timetable
Business Overview
Suntech Infra Solutions Limited is engaged in providing civil construction services, including foundation works (piling and related services), structural works, and construction equipment rentals. It caters to both public and private sector clients across diverse industries such as power, oil & gas, steel, cement, renewable energy, refineries, petrochemicals, and fertilizers. Additionally, the company has executed projects for infrastructure development in urban and rural areas, including bridges, metros, and irrigation projects.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,600 | ₹1,37,600 |
| Individual (Max) | 1 | 1,600 | ₹1,37,600 |
| S-HNI (Min) | 2 | 3,200 | ₹2,75,200 |
| S-HNI (Max) | 7 | 11,200 | ₹9,63,200 |
| B-HNI (Min) | 8 | 12,800 | ₹11,00,800 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 01 Jul | ₹32 (37.2%) | ₹118 |
| 30 Jun | ₹32 (37.2%) | ₹118 |
| 27 Jun | ₹31 (36%) | ₹117 |
| 26 Jun | ₹22 (25.6%) | ₹108 |
| 25 Jun | ₹22 (25.6%) | ₹108 |
| 24 Jun | ₹22 (25.6%) | ₹108 |
| 23 Jun | ₹22 (25.6%) | ₹108 |
| 22 Jun | ₹20 (23.3%) | ₹106 |
| 20 Jun | ₹17 (19.8%) | ₹103 |
Suntech Infra Solutions IPO Peer Comparison
(Rs. in crores)
| Particulars | Suntech Infra Solutions | Crown Lifters | ITD Cementation India |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 95.59 | 28.10 | 7,717.87 |
| PAT (In Crs.) | 9.25 | 5.51 | 274.18 |
| EPS - Basic | 6.21 | 5.28 | 15.93 |
| NAV per share | 25.06 | 32.14 | 86.95 |
| RONW | 23.97% | 15.27% | 18.36% |
| EBITDA | 28.28% | 54.97% | 10.42% |
| PAT Margin | 9.67% | 19.60% | 3.55% |
| Price to earning (PE) | 13.85 | 38.27 | 48.33 |
| Debt to Equity | 1.46 | 0.80 | 0.60 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 13, 2025 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 89.72 | 95.59 | 85.68 | 71.67 |
| Profit after Tax | 10.28 | 9.25 | 9.25 | 3.02 |
| Net Worth | 48.84 | 38.56 | 26.32 | 20.56 |
| Total Borrowing | 79.93 | 56.38 | 33.38 | 34.25 |
| Total Assets | 164.30 | 120.28 | 100.38 | 77.93 |
| NAV per share (in ₹) | 31.74 | 25.06 | 18.16 | 14.19 |
| EPS - Basic (in ₹) | 6.68 | 6.21 | 3.97 | 2.09 |
KPIs
EBITDA
28.28%
PAT
9.67%
ROE
28.50%
ROCE
17.28%
Debt to Equity
1.46
PE Ratio
13.85
PB Ratio
3.43
Mkt Cap (in Crs.)
166.52
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
94.17%
Public
5.83%
Management
Subscription Status
Updated as on 27-Jun-2025 19:00:42 hrs
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 122.82x | 9,80,800 | 12,04,59,200 |
| NII | 529.51x | 7,36,000 | 38,97,21,600 |
| Retail | 150.10x | 17,16,800 | 25,76,97,600 |
| Total | 223.64x | 34,33,600 | 76,78,78,400 |
Frequently Asked Questions
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How to apply Suntech Infra Solutions IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Suntech Infra Solutions IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Suntech Infra Solutions IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Suntech Infra Solutions IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date