Suntech Infra Solutions Limited
Bookbuilding IPO · NSE
- Price band
- ₹81 - ₹86
- Lot size
- 1,600 shares
- Issue amount
- ₹47.3 cr
- Total subscription
- 223.64×
- Opens
- 25 Jun 2025
- Closes
- 27 Jun 2025
- Allotment
- 30 Jun 2025
- Listing
- 2 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 55,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,29,600
- Fresh issue
- ₹38.27 cr
- Offer for sale
- ₹9.03 cr
- Registrar
- Mas Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,37,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,53,88,200
- Shares after issue
- 1,93,62,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,37,600 |
| HNI | 2 | 3,200 | ₹2,75,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 74 |
| NIB | — | 11,115 |
| RETAIL | — | 1,61,061 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.43 | 1,035.95 |
| RETAIL | 14.76 | 2,216.2 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 6.68 | 6.21 | 3.97 |
| ROE | 23.52 | 28.5 | 24.56 |
| ROCE | 14.14 | 17.28 | 17.85 |
| RONW | 21.04 | 23.97 | 21.87 |
| PRE IPO(PE) | 0 | 14.31 | 0 |
| POST IPO(PE) | 0 | 12.15 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Suntech Infra Solutions Limited, established in April 2009, is a B2B construction company offering civil construction services such as foundation and structural work. These services are delivered through direct contracts, sub-contracts, and equipment rentals. The company caters to both public and private sector clients across various industries, including power, oil and gas, steel, cement, renewable energy, refineries, petrochemicals, fertilizers, and process plants. It also contributes to infrastructure development in urban and rural areas with projects like bridges and irrigation systems. As of July 31, 2024, the company is working on six ongoing projects with a total value of ₹18,637.19 lakhs, supported by official allocation letters and purchase orders. In addition, it holds equipment rental orders worth around ₹1,092.70 lakhs. Suntech Infra operates in several states, including Delhi, Bihar, Gujarat, Odisha, and Rajasthan. It owns a large fleet of advanced construction machinery such as hydraulic rotary piling rigs, diaphragm wall grabs, concrete boom placers, crawler cranes, and vibro hammers. The company has delivered services for major clients including Bharat Mandapam (ITPO, Delhi), IOCL refinery projects in Barauni and Barmer, Ultratech Cement’s plant in Kotputli, Rajasthan, and high-rise building foundations for the Unity Group. As of March 31, 2024, Suntech Infra employs approximately 462 full-time staff and hires an additional 200 to 220 casual workers based on project requirements.
Strengths
- Timely Project Delivery: Consistently completes projects on schedule, enhancing client trust
- Strong Revenue Pipeline: Healthy order book ensures steady future income
- Balanced Business Model: Revenue generated from both construction and equipment rental services
Risk factors
- High Cash Flow Requirements: Working capital shortfalls could impact day-to-day operations
- Limited Funding Access: Restricted capital availability may slow down growth and expansion
- Operational Dependency Risk: Reliance on leased or non-owned assets may affect business stability
Promoters
Mr. Gaurav Gupta
Mr. Parveen Kumar Gupta
Mrs. Shikha Gupta
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
Mas Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
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
+91 8360228604
[email protected]Company website ↗Understanding SUNTECH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.