Rupix

Sugs Lloyd SME IPO

Sugs Lloyd came to market through an SME IPO that opened on 29 August 2025 and closed on 2 September 2025, and the shares listed on 5 September 2025 on BSE SME. The price band was ₹117 to ₹123 per share and one lot was 1000 shares, so the minimum application was ₹1,23,000. The issue size was ₹85.66 crore. The whole issue was fresh shares, so the money raised went to the company.

Kfin Technologies Limited was the registrar to the issue, and 3Dimension Capital Services Limited was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹117 to ₹123
Lot size
1000 shares
Minimum investment
₹1,23,000
Face value
₹10 per share
Issue size
₹85.66 crore
Fresh issue
69,64,000 shares (aggregating up to ₹85.66 crore)
Listing at
BSE SME
Registrar
Kfin Technologies Limited
Lead managers
3Dimension Capital Services Limited
Promoter holding before the issue
99.99%

Timeline

Opens
29 August 2025
Closes
2 September 2025
Allotment
3 September 2025
Listing
5 September 2025

Subscription status by day

As of 2 September 2025.

Day
1
2
3

About Sugs Lloyd

Established in 2009, SUGS Lloyd Limited is a technology-based engineering and construction firm with expertise in renewable energy, specifically solar energy, and electrical transmission, distribution, and civil EPC (Engineering, Procurement, and Construction) projects.

The firm provides an array of services ranging from the development of power transmission and distribution infrastructure to building power substations, and renovation, upgrading, and modification of existing power systems.With its focus on the provision of innovative and sustainable engineering solutions, SUGS Lloyd Limited continues to be an important contributor to the development of infrastructure, especially in the renewable energy industry. Services: Solar EPC: Ground mount solar, Roof top solar Electrical EPC:

Installation work of smart meter, AMC for electrical 33/11 k V line network Civil EPC: Civil building construction, renovation and upgradation of govt. buildings Manpower staffing: Manpower staffing, Hiring of young technical manpower through NAPS/NATS by Government of India The company as on March 31, 2025, has 206 payroll employees.

As described in the offer document.

Objects of the issue

  • To Meet Working Capital Requirement
  • General Corporate Purposes

Financials (₹ crore)

Metric31-Mar-2531-Mar-2431-Mar-23

Promoters

Mrs. Priti Shah, Mr. Santosh Kumar Shah. Promoter holding 99.99% before the issue.

Application sizes

Individual (min)
2 lots, 2000 shares, ₹2,46,000
Individual(max)
2 lots, 2000 shares, ₹2,46,000
NII (min)
3 lots, 3000 shares, ₹3,69,000

Valuation

EPS Pre IPO
₹10.32
EPS Post IPO
₹7.23
P/E Pre IPO
11.91
P/E Post IPO
17.02
ROE
55.47%
ROCE
21.58%
RoNW
43.42%
PAT Margin
9.52%
Debt/Equity
1.94
Price/Book
9.14

Registrar and allotment status

Registrar
Kfin Technologies Limited
Allotment status
https://kosmic.kfintech.com/ipostatus/
Phone
04067162222, 04079611000
Email
sugs.ipo@kfintech.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Sugs Lloyd SME IPO

What is Sugs Lloyd IPO?

Sugs Lloyd IPO was a ₹85.66 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹117–₹123 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,46,000). The IPO was open from August 29 to September 2, 2025 and was subscribed 3.29x. Shares listed on BSE SME on September 5, 2025 at ₹119.90, a 2.5% discount to the issue price of ₹123. Kfin Technologies Limited is the registrar.

3Dimension Capital Services Limited is the book running lead manager.

What is the price band of Sugs Lloyd IPO?

The price band of Sugs Lloyd IPO is ₹117 to ₹123 per share.

What is the lot size of Sugs Lloyd IPO?

The lot size of Sugs Lloyd IPO is 1000 shares.

What is the minimum investment for Sugs Lloyd IPO?

The minimum investment for Sugs Lloyd IPO is approximately ₹2,46,000 based on the upper price band.

What is the allotment date of Sugs Lloyd IPO?

The allotment date of Sugs Lloyd IPO is Sep 3, 2025.

How to check Sugs Lloyd IPO allotment status?

You can check Sugs Lloyd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sugs Lloyd IPO allotment status on Rupix for quick and easy access.

What was the price band of the Sugs Lloyd SME IPO?

₹117 to ₹123 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Sugs Lloyd SME IPO?

One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,23,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Sugs Lloyd SME IPO?

₹1,23,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Sugs Lloyd SME IPO open and close?

It opened on 29 August 2025 and closed on 2 September 2025.

When was the allotment of the Sugs Lloyd SME IPO?

The basis of allotment was published on 3 September 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.

When did Sugs Lloyd list on BSE SME?

The shares listed on 5 September 2025 on BSE SME.

How large was the Sugs Lloyd SME IPO?

The issue size was ₹85.66 crore. The fresh issue was 69,64,000 shares (aggregating up to ₹85.66 crore).