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Suntech Infra Solutions SME IPO

Suntech Infra Solutions came to market through an SME IPO that opened on 25 June 2025 and closed on 27 June 2025, and the shares listed on 2 July 2025 on NSE SME. The price band was ₹81 to ₹86 per share and one lot was 1600 shares, so the minimum application was ₹1,37,600. The issue size was ₹42.16 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.

Mas Services Limited was the registrar to the issue, and GYR Capital Advisors Private Limited was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹81 to ₹86
Lot size
1600 shares
Minimum investment
₹1,37,600
Face value
₹10 per share
Issue size
₹42.16 crore
Fresh issue
37,15,200 shares (aggregating up to ₹31.95 crore)
Offer for sale
11,87,200 shares (aggregating up to ₹10.21 crore)
Listing at
NSE SME
Registrar
Mas Services Limited
Lead managers
GYR Capital Advisors Private Limited
Promoter holding before the issue
87.55%

Timeline

Opens
25 June 2025
Closes
27 June 2025
Allotment
30 June 2025
Listing
2 July 2025

Subscription status by day

Day
1
2
3

About Suntech Infra Solutions

Domiciled in April 2009, Suntech Infra Solutions Limited is a business-to-business ( B2B) contracting construction firm. The Company offers Civil Construction Services, including Foundation and Structural Works, under direct contracting, sub-contracting, and equipment hiring.The company had public and private customers, offering solutions within Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Petrochemical, Fertilizer, and Process Plants. They also make developments in urban and rural infrastructure, such as bridges and irrigation systems.

As of July 31, 2024, the company has 06 projects worth ₹ 18,637.19 Lakhs underway, ascertained through Letters of Allocation and a Purchase Order.Moreover, it has an Order Book for Renting of Construction Equipment valued at approximately ₹ 1,092.70 Lakhs.

The company markets its products in Delhi, Bihar, Gujarat, Orissa, Rajasthan etc.The organization possesses a vast fleet of advanced construction equipment, which consists of Hydraulic Rotary Piling Rigs, Diaphragm Wall Grabs, Concrete Boom Placers, Crawler Cranes, and Vibro Hammers.The organization has worked with major industry players like Bharat Mandapam, ITPO, Delhi; IOCL Refinery Expansion at Barauni & Barmer; Ultratech Cement Plant at Kotputli, Rajasthan; and Highrise Building foundation for UNTIY Group, Etc.

As of March 31, 2024, The company currently has approximately 462 full-time staff and has 200 to 220 casual employees depending on project requirements.

As described in the offer document.

Objects of the issue

  • 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

Financials (₹ crore)

Metric31-Dec-2431-Mar-2431-Mar-23

Promoters

Mr. Gaurav Gupta, Mr. Parveen Kumar Gupta, Mrs. Shikha Gupta. Promoter holding 87.55% before the issue.

Application sizes

Retail (min)
1 lot, 1600 shares, ₹1,36,000
Retail(max)
1 lot, 1600 shares, ₹1,36,000
NII (min)
2 lots, 3200 shares, ₹2,72,000

Valuation

EPS Pre IPO
₹6.01
EPS Post IPO
₹7.08
P/E Pre IPO
14.31
P/E Post IPO
12.15
ROE
28.50%
ROCE
17.23%
RoNW
23.97%
Debt/Equity
1.46
Price/Book
3.43

Registrar and allotment status

Registrar
Mas Services Limited
Allotment status
https://www.masserv.com/opt.asp
Phone
(011) 2610 4142
Email
ipo@masserv.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 Suntech Infra Solutions SME IPO

What is Suntech Infra Solutions IPO?

Suntech Infra Solutions IPO was a ₹42.16 crore book-built issue, comprising a fresh issue of ₹31.95 crore and an offer for sale of ₹10.21 crore. It was priced at ₹81–₹86 per share with a lot size of 1,600 shares (₹1,36,000). The IPO was open from June 25 to June 27, 2025. Shares listed on NSE SME on July 2, 2025 at ₹109.10, a 26.9% premium to the issue price of ₹86. Mas Services Limited is the registrar.

GYR Capital Advisors Private Limited is the book running lead manager.

What is the price band of Suntech Infra Solutions IPO?

The price band of Suntech Infra Solutions IPO is ₹81 to ₹86 per share.

What is the lot size of Suntech Infra Solutions IPO?

The lot size of Suntech Infra Solutions IPO is 1600 shares.

What is the minimum investment for Suntech Infra Solutions IPO?

The minimum investment for Suntech Infra Solutions IPO is approximately ₹1,37,600 based on the upper price band.

What is the allotment date of Suntech Infra Solutions IPO?

The allotment date of Suntech Infra Solutions IPO is Jun 30, 2025.

What was the GMP of Suntech Infra Solutions IPO before listing?

No GMP quote could be verified as recorded before Suntech Infra Solutions IPO listed. A grey-market observation of ₹35 per share was recorded on 2 Jul 2025, 6:00 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹109.1. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Suntech Infra Solutions IPO allotment status?

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

What was the price band of the Suntech Infra Solutions SME IPO?

₹81 to ₹86 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 Suntech Infra Solutions SME IPO?

One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,37,600. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Suntech Infra Solutions SME IPO?

₹1,37,600, for one lot of 1600 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 Suntech Infra Solutions SME IPO open and close?

It opened on 25 June 2025 and closed on 27 June 2025.

When was the allotment of the Suntech Infra Solutions SME IPO?

The basis of allotment was published on 30 June 2025 by Mas Services Limited, and allotted shares were credited to demat accounts before listing.

When did Suntech Infra Solutions list on NSE SME?

The shares listed on 2 July 2025 on NSE SME.

How large was the Suntech Infra Solutions SME IPO?

The issue size was ₹42.16 crore. The fresh issue was 37,15,200 shares (aggregating up to ₹31.95 crore). The offer for sale was 11,87,200 shares (aggregating up to ₹10.21 crore).