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Suntech Infra Solutions

Upcoming

IPO Timeline

Issue open date

25 Jun 2025

Issue close date

27 Jun 2025

UPI mandate deadline

27 Jun 2025

Allotment finalization

30 Jun 2025

Refund initiation

1 Jul 2025

Share credit

1 Jul 2025

Listing date

2 Jul 2025

Mandate end date

12 Jul 2025

Lock-in end date for anchor investors (50%)

30 Jul 2025

Lock-in end date for anchor investors (remaining)

28 Sep 2025

Grey Market Premium Trend

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Current GMP
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Est. Listing Price
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Est. Listing Gain
₹81 - ₹86
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
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About the Company

Suntech Infra Solutions Limited, incorporated in 2009 and converted into a public limited company in 2024, is engaged in civil construction services and equipment rentals. The company undertakes foundation and structural work on both direct and sub-contracting bases, and provides construction equipment on hire. It caters to both public and private sector clients across industries including power, oil & gas, steel, cement, renewable energy, refineries, petrochemicals, fertilizers, and process plants. It is also involved in infrastructure projects such as bridges, metros, and irrigation systems. As of May 31, 2025, Suntech is executing 8 ongoing construction projects valued at approximately ₹317 crore, and has an equipment rental order book of around ₹4.76 crore. Operations span multiple Indian states, including Delhi, Bihar, Gujarat, Odisha, and Rajasthan. The company employs over 570 full-time staff and engages additional contract labour based on project needs. It owns a fleet of construction machinery such as hydraulic piling rigs, cranes, boom placers, and batching plants. Suntech is certified under ISO 9001:2015 (Quality), ISO 14001:2015 (Environment), and ISO 45001:2018 (Health & Safety).

Strengths

  • Proven track record of timely project execution backed by skilled teams and efficient planning.
  • Strong order book of ₹8,799.12 lakh as of Dec 31, 2024, indicating healthy demand and revenue visibility.
  • Owns a diverse fleet of construction equipment, enabling timely, cost-effective project execution and equipment rental services to industry clients.
  • Led by an experienced promoter with strong managerial support, enabling effective operations.
  • Long-standing client relationships enable repeat business and strong industry goodwill. Flexible, project-based pricing with milestone-linked payments and limited advance against bank guarantees.

Risks

No risks provided as of now. Please check back later.

Key Dates

Open
25 Jun 2025
Close
27 Jun 2025
Listing
2 Jul 2025

Quick Stats

Issue Size:44cr
Lot Size:1600 shares
Min Investment:₹1,37,600