Sathlokhar Synergys E&C Global IPO Details: The IPO for Sathlokhar Synergys E&C Global is set to open on July 30, 2024, and will close on August 1, 2024. This IPO, listed under the NSE SME category, aims to raise ₹92.93 crores. The price band is set between ₹133 and ₹140, with a market lot of 1,000 shares.
Sathlokhar Synergys E&C Global Limited is a comprehensive engineering, procurement, and construction (EPC) and infrastructure turnkey contracting company. It offers specialized services for the construction of various facilities, including industrial, warehousing, commercial, institutional, and pharmaceutical projects, as well as solar projects, hospitals, hotels, resorts, and villas. The company has successfully designed and executed projects across four Indian states: Tamil Nadu, Karnataka, Uttar Pradesh, and West Bengal.
In addition to private sector projects, Sathlokhar Synergys also undertakes EPC projects for government entities through a tender process. Their services cover the entire value chain, from detailed design and planning to procurement, engineering, and project execution. They manage site work and ensure the completion of all tasks up to commissioning, delivering projects ready for their intended purpose. The company also specializes in installing Mechanical, Electrical, and Plumbing (MEP) systems within construction projects.
Sathlokhar Synergys employs a team of in-house MEP designers and engineers who carefully plan and execute these projects. Additionally, the company is an authorized channel partner for TATA Power Solar Systems Ltd., providing installation, sales, commissioning, and maintenance services for solar power projects under mutually agreed terms.
Sathlokhar Synergys E&C Global IPO Objectives:
The company intends to utilize the proceeds of the Issue to meet the following objects:
- Working Capital
- General Corporate Purposes
Sathlokhar Synergys E&C Global IPO Review (Apply or Not)
- Update soon
Sathlokhar Synergys E&C Global IPO Date & Price Band Details:
| IPO Open: | July 30, 2024 |
| IPO Close: | August 1, 2024 |
| IPO Size: | Approx ₹92.93 Crores, 6,638,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹133 to ₹140 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Sathlokhar Synergys E&C Global IPO Lot Size:
The minimum investment for the Sathlokhar Synergys E&C Global IPO is set at 1,000 shares, requiring an application amount of ₹140,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹140,000 |
| Retail Maximum | 1 | 1000 | ₹140,000 |
| S-HNI Minimum | 2 | 2000 | ₹280,000 |
Sathlokhar Synergys E&C Global IPO Timeline:
The Sathlokhar Synergys E&C Global IPO is scheduled to open on July 30 and will close on August 1. The allotment of shares is expected to take place on August 2, and the IPO is anticipated to be listed on August 6.
| IPO Open Date: | July 30, 2024 |
| IPO Close Date: | August 1, 2024 |
| Basis of Allotment: | August 2, 2024 |
| Refunds: | August 5, 2024 |
| Credit to Demat Account: | August 5, 2024 |
| IPO Listing Date: | August 6, 2024 |
Sathlokhar Synergys E&C Global IPO GMP Today:
The latest Grey Market Premium (GMP) for the Sathlokhar Synergys E&C Global SME IPO is ₹90. With a price band of ₹140, the estimated listing price is expected to be ₹230 (the cap price plus today’s GMP). This suggests an anticipated gain of 64.29% per share.
Sathlokhar Synergys E&C Global Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹58.52 | ₹57.34 | ₹0.88 |
| 2023 | ₹87.16 | ₹79.84 | ₹5.46 |
| 2024 | ₹247.32 | ₹212.32 | ₹26.21 |
Sathlokhar Synergys E&C Global IPO Valuation – FY2024
Check Sathlokhar Synergys E&C Global IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹14.98 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 64.68% |
| Net Asset Value (NAV): | ₹23.16 per Equity Share |
Peer Group
- K2 Infragen Limited
- Suraj Estate Developers Limited
- SRM Contractors Limited
Company Promoters
- Mr. G Thiyagu
- Ms. Sangeethaa Thiyagu
Sathlokhar Synergys E&C Global IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
Sathlokhar Synergys E&C Global IPO Allotment Status
Check Sathlokhar Synergys E&C Global IPO allotment status on Purva Shares website URL. Click Here
Sathlokhar Synergys E&C Global IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
Sathlokhar Synergys E&C Global Limited
Plot No. 5171, 9th Street,
Ram Nagar North Extension, Madipakkam,
Kanchipuram, Saidapet – 600091
Phone: +91 7299541122
Email: cs@sathlokhar.com
Website: http://www.sathlokhar.com/
Sathlokhar Synergys E&C Global IPO FAQs:
1. What are the opening and closing dates for the Sathlokhar Synergys E&C Global IPO?
The IPO will open on July 30, 2024, and close on August 1, 2024.
2. What is the price band for the Sathlokhar Synergys E&C Global IPO?
The price band for the IPO is set between ₹133 and ₹140 per share.
3. What is the minimum investment required for the Sathlokhar Synergys E&C Global IPO?
The minimum investment requires a market lot of 1,000 shares, amounting to an application amount of ₹140,000.
4. When will the allotment of shares be finalized?
The allotment of shares is expected to be finalized on August 2, 2024.
5. When is the expected listing date for the Sathlokhar Synergys E&C Global IPO?
The IPO is anticipated to be listed on August 6, 2024.
6. What is the estimated listing price based on the current Grey Market Premium (GMP)?
With the last GMP at ₹90, the estimated listing price is ₹230, based on the cap price plus today’s GMP.
7. What is the expected percentage gain per share upon listing?
The expected gain per share is approximately 64.29%.
8. What services does Sathlokhar Synergys E&C Global Limited offer?
Sathlokhar Synergys E&C Global Limited provides engineering, procurement, and construction (EPC) services. They specialize in constructing buildings and infrastructure for industrial, commercial, institutional, and various other projects. They also handle Mechanical, Electrical, and Plumbing (MEP) installations.
9. In which states has Sathlokhar Synergys E&C Global executed projects?
The company has completed projects in Tamil Nadu, Karnataka, Uttar Pradesh, and West Bengal.
10. Is Sathlokhar Synergys E&C Global involved in any partnerships?
Yes, the company is an authorized channel partner for TATA Power Solar Systems Ltd., providing installation, sales, commissioning, and maintenance services for solar power projects.
11. How can investors apply for the Sathlokhar Synergys E&C Global IPO?
Investors can apply for the IPO through ASBA (Application Supported by Blocked Amount) via their bank account or through online brokerage platforms that support IPO applications.
