Sathlokhar Synergys E&C Global Limited

30 Jul 2024 - 01 Aug 2024 Individual Category SME NSE

Min Investment

₹266000

Price Band

₹133-₹140

Issue Size

48.28 lakhs
Equity Shares

Lot Size

1000 (per lot)

IPO Dates
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30 Jul 2024

Open Date

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01 Aug 2024

Close Date

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02 Aug 2024

Allotment Date

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06 Aug 2024

Listing Date

Sathlokhar Synergys E&C Global IPO is open for subscription starting Tuesday, July 30, 2024, and closing on Thursday, August 1, 2024. The price band of this upcoming IPO is set at Rs 133 to Rs 140 per share.  The minimum lot size set for the retail category is 1000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2000 shares. The minimum investment required for retail category investors is Rs 1,40,000 (140 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,80,000 (140 x 2000 shares).  Sathlokhar Synergys E&C Global IPO is a book-built issue of Rs 92.93 crores. This upcoming IPO is an entirely fresh issue of 66.38 lakh equity shares. The allotment for this new IPO is expected to be finalised on Friday, August 2, 2024.  Sathlokhar Synergys E&C Global IPO will be listed on NSE SME on Tuesday, August 6, 2024. GYR Capital Advisors Private Limited is the book-running lead manager, Purva sharegistry India Private Limited is the registrar, and Giriraj Stock Broking is the market maker for this IPO.

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About Sathlokhar Synergys E&c Global Limited

Sathlokhar Synergys E&C Global Limited was founded in 2013 and provides engineering, procurement, and construction services for the construction of buildings and infrastructure facilities.  The company provides construction services for industrial, warehousing, commercial, institutional and pharmaceutical projects, solar projects, hospitals, hotels, resorts and, villas etc. The company also provides installation of mechanical, electrical and plumbing networks in construction projects. Sathlokhar Synergys has completed projects in four Indian states: Tamil Nadu, Karnataka, Uttar Pradesh, and West Bengal. The company also undertakes EPC projects for government agencies through competitive bidding processes.  Sathlokhar Synergys is also an authorised dealer of TATA Power Solar Systems Limited for providing installation, sales, commissioning and maintenance services for its products as per mutually agreed terms and conditions in connection with its solar power projects. 

Founded

2013

Managing Director

Mr. G Thiyagu, Ms. Sangeethaa Thiyagu, and Mr. Dinesh Sankaran

Parent Organization

IPO Objectives

The funds received from this initial public offer will be used to meet the company's day-to-day capital requirements. Other than this, the money will be used for general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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