Suntech Infra Solutions IPO Subscribed overall 223.64 times on the last day, while the retail quota subscribed 150.10 times, the QIB quota subscribed 122.82 times, and the NII quota subscribed 529.51 times, respectively.
Details About Suntech Infra Solutions
Suntech Infra Solutions got approval from SEBI for an IPO of ₹42.16 crores. This IPO comprises a fresh issue of ₹31.95 crores and an Offer-for-sale up to 11,87,200 equity shares with a face value of ₹10 each. Moreover, the company has set up a price band is ₹81 to ₹86 per share.
In this IPO total of 1600 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, while HNI total of 3,200 shares in 2 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum of ₹1,37,600.
- Small HNI (S-HNI): Minimum investment of ₹2,75,200.
Suntech Infra Solutions IPO Subscription
The opening date of the Suntech Infra Solutions IPO subscription was June 25, 2025, and the closing date was June 27, 2025. The Suntech Infra Solutions IPO allotment was finalized on June 30, 2025, and the IPO listing is on July 2, 2025.
About Suntech Infra Solutions IPO
Suntech Infra Solutions Limited, founded in April 2009, is one of the growing business-to-business (“ B2B”) construction companies. The company is involved in offering Civil construction services such as Foundation and Structural Works through direct contracting, subcontracting, and equipment rental. Suntech Infra offers solutions in Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Petrochemical, Fertilizer, and Process Plants to public and private clients. Piling and Foundation work, Earthworks, Bridges and flyovers, Industrial and commercial structures are the infrastructure projects that show their expertise in work. Delhi, Bihar, Gujarat, Orissa, and Rajasthan are some of the premier states from which they generate revenue for their business. Moreover, Suntech Infra Solutions’ machines have cranes up to 150T capacity, with a good mix of Crawlers and All-Terrain Cranes, rubber-tire gantry Cranes for Steel Handling, Hydraulic Piling Rigs ranging from 155kN to 285kN, Vibro Hammers, Impact Hammers, shotcrete, Boomers, and many more.
Suntech Infra Solutions IPO Financial Background
The company reported revenue of ₹96.25 crores in 2024 against ₹86.19 crores in 2023. The company reported a profit of ₹9.25 crores in 2024 against a profit of ₹5.76 crores in 2023.
