Sathlokhar Synergys E&C Global IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jul 30 to Aug 01 2024
Price Band
₹133 - 140
Current GMP
₹260(85.71%)
Subscription
211.13 times
IPO Details
| IPO Date | July 30, 2024 to August 1, 2024 |
| Listing Date | Tuesday, August 6, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹133 to ₹140 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 6,638,000 shares (aggregating up to ₹92.93 Cr) |
| Fresh Issue | 6,638,000 shares (aggregating up to ₹92.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,499,992 |
| Share holding post issue | 24,137,992 |
| Market Maker portion | 600,000 shares Giriraj Stock Broking |
IPO Date
July 30, 2024 to August 1, 2024
Listing Date
Tuesday, August 6, 2024
Face Value
₹10 per share
Price Band
₹133 to ₹140 per share
Lot Size
1000 Shares
Total Issue Size
6,638,000 shares (aggregating up to ₹92.93 Cr)
Fresh Issue
6,638,000 shares (aggregating up to ₹92.93 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
17,499,992
Share holding post issue
24,137,992
Market Maker portion
600,000 shares Giriraj Stock Broking
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 171.55 |
| Non-Institutional Buyers*** | 382.11 |
| Retail Investors | 160.47 |
| Total ** | 211.13 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
171.55
Non-Institutional Buyers***
382.11
Retail Investors
160.47
Total **
211.13
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jul 30, 2024 | 6.64 | 3.60 | 8.12 | 6.73 |
| Day 2 Jul 31, 2024 | 6.79 | 13.72 | 37.14 | 23.45 |
| Day 3 Aug 1, 2024 | 171.55 | 382.11 | 160.47 | 211.13 |
DayDay 1
Jul 30, 2024
QIB6.64
NII*3.60
Retail8.12
Total6.73
DayDay 2
Jul 31, 2024
QIB6.79
NII*13.72
Retail37.14
Total23.45
DayDay 3
Aug 1, 2024
QIB171.55
NII*382.11
Retail160.47
Total211.13
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 06-08-2024 | 140.00 | 95(67.86%) | 235 |
| 05-08-2024 | 140.00 | 95(67.86%) | 235 |
| 04-08-2024 | 140.00 | 125(89.29%) | 265 |
| 03-08-2024 | 140.00 | 130(92.86%) | 270 |
| 02-08-2024 | 140.00 | 140(100.0%) | 280 |
| 01-08-2024 | 140.00 | 170(121.43%) | 310 |
| 31-07-2024 | 140.00 | 160(114.29%) | 300 |
| 30-07-2024 | 140.00 | 150(107.14%) | 290 |
| 29-07-2024 | 140.00 | 140(100.0%) | 280 |
| 28-07-2024 | 140.00 | 90(64.29%) | 230 |
| 27-07-2024 | 140.00 | 90(64.29%) | 230 |
| 26-07-2024 | 140.00 | 90(64.29%) | 230 |
| 25-07-2024 | 140.00 | 90(64.29%) | 230 |
| 24-07-2024 | 140.00 | 90(64.29%) | 230 |
Date06-08-2024
Price140.00
GMP95(67.86%)
Estimate List Price235
Date05-08-2024
Price140.00
GMP95(67.86%)
Estimate List Price235
Date04-08-2024
Price140.00
GMP125(89.29%)
Estimate List Price265
Date03-08-2024
Price140.00
GMP130(92.86%)
Estimate List Price270
Date02-08-2024
Price140.00
GMP140(100.0%)
Estimate List Price280
Date01-08-2024
Price140.00
GMP170(121.43%)
Estimate List Price310
Date31-07-2024
Price140.00
GMP160(114.29%)
Estimate List Price300
Date30-07-2024
Price140.00
GMP150(107.14%)
Estimate List Price290
Date29-07-2024
Price140.00
GMP140(100.0%)
Estimate List Price280
Date28-07-2024
Price140.00
GMP90(64.29%)
Estimate List Price230
Date27-07-2024
Price140.00
GMP90(64.29%)
Estimate List Price230
Date26-07-2024
Price140.00
GMP90(64.29%)
Estimate List Price230
Date25-07-2024
Price140.00
GMP90(64.29%)
Estimate List Price230
Date24-07-2024
Price140.00
GMP90(64.29%)
Estimate List Price230
IPO Important Dates
| IPO Open Date | Tuesday, July 30, 2024 |
| IPO Close Date | Thursday, August 1, 2024 |
| Basis of Allotment | Friday, August 2, 2024 |
| Initiation of Refunds | Monday, August 5, 2024 |
| Credit of Shares to Demat | Monday, August 5, 2024 |
| Listing Date | Tuesday, August 6, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 1, 2024 |
IPO Open Date
Tuesday, July 30, 2024
IPO Close Date
Thursday, August 1, 2024
Basis of Allotment
Friday, August 2, 2024
Initiation of Refunds
Monday, August 5, 2024
Credit of Shares to Demat
Monday, August 5, 2024
Listing Date
Tuesday, August 6, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 1, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹140,000 |
| Retail (Max) | 1 | 1000 | ₹140,000 |
| HNI (Min) | 2 | 2,000 | ₹280,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹140,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹140,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹280,000
Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 10,482.58 | 4,782.28 | 4,627.77 |
| Revenue | 24,732.09 | 8,715.66 | 5,851.51 |
| Profit After Tax | 2,621.43 | 545.55 | 87.87 |
| Net Worth | 4,053.08 | 1,431.65 | 886.10 |
| Reserves and Surplus | 3,853.09 | 1,231.66 | 686.11 |
| Total Borrowing | 7.92 | 612.19 | 677.14 |
Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 202410,482.58
31 Mar 20234,782.28
31 Mar 20224,627.77
Period EndedRevenue
31 Mar 202424,732.09
31 Mar 20238,715.66
31 Mar 20225,851.51
Period EndedProfit After Tax
31 Mar 20242,621.43
31 Mar 2023545.55
31 Mar 202287.87
Period EndedNet Worth
31 Mar 20244,053.08
31 Mar 20231,431.65
31 Mar 2022886.10
Period EndedReserves and Surplus
31 Mar 20243,853.09
31 Mar 20231,231.66
31 Mar 2022686.11
Period EndedTotal Borrowing
31 Mar 20247.92
31 Mar 2023612.19
31 Mar 2022677.14
Key Performance Indicator
| ROCE | 87.33% |
| RoNW | 64.68% |
| P/BV | 1.96 |
| PAT Margin (%) | 10.61 |
| EPS (Rs) | 14.98 |
ROCE
87.33%
RoNW
64.68%
P/BV
1.96
PAT Margin (%)
10.61
EPS (Rs)
14.98
IPO Reservation
| Anchor Investor Shares Offered | 1,810,000 (27.27%) |
| Market Maker Shares Offered | 600,000 (9.04%) |
| QIB Shares Offered | 1,208,000 (18.20%) |
| NII (HNI) Shares Offered | 906,000 (13.65%) |
| Retail Shares Offered | 2,114,000 (31.85%) |
| Total Shares Offered | 6,638,000 (100%) |
Anchor Investor Shares Offered
1,810,000 (27.27%)
Market Maker Shares Offered
600,000 (9.04%)
QIB Shares Offered
1,208,000 (18.20%)
NII (HNI) Shares Offered
906,000 (13.65%)
Retail Shares Offered
2,114,000 (31.85%)
Total Shares Offered
6,638,000 (100%)
Information about company
Founded in 2013, Sathlokhar Synergys E&C Global Limited, previously known as Lohats Ventures Private Limited, provides specialized engineering, procurement and construction (EPC) services for the construction of buildings and infrastructure facilities.
Sathlokhar Synergys 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.
The company has completed projects in 4 states of India, namely 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 authorized dealer of TATA Power Solar Systems Ltd. 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.
The company employs a total of 118 people in the departments of accounting and finance, human resources and administration, engineering and operations, procurement and material management and safety and security.
Objectives of IPO
The company intends to utilize the proceeds of the Issue to meet the following objects:
Working Capital
General Corporate Purposes
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App