Sathlokhar Synergys E&C Global IPO Details
| IPO Size | 92.93 |
| Price Range | ₹133 - ₹140 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1000 |
| Investment (cut-off price) | ₹140,000 |
| Pre IPO Promotor Holding | 86.49% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Sathlokhar Synergys E&C Global IPO Timelines
30/07/2024
Start Date01/08/2024
End Date05/08/2024
Refund Initiation05/08/2024
Credit of Shares to Demat Ac06/08/2024
Listing DateSathlokhar Synergys E&C Global IPO Lot Size
| 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 Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 171.55 x | 382.77 x | 160.47 x | -- | 211.27 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹260 | ₹247 | ₹260 | ₹247 |
Sathlokhar Synergys E&C Global IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹58.52 | ₹57.34 | ₹0.88 |
| FY 2023 | ₹87.16 | ₹79.84 | ₹5.46 |
| FY 2024 | ₹247.32 | ₹212.32 | ₹26.21 |
About Company
Founded in 2013, Sathlokhar Synergys E&C Global Limited, previously known as Lohats Ventures Private Limited, specialises in engineering, procurement, and construction (EPC) services for buildings and infrastructure projects. The company offers comprehensive construction services across various sectors, including industrial, warehousing, commercial, institutional, and pharmaceutical projects.
Additionally, they cater to solar projects, hospitals, hotels, resorts, and villas. Their expertise extends to the installation of mechanical, electrical, and plumbing (MEP) networks in construction projects.
Sathlokhar Synergys has successfully completed projects in four Indian states: Tamil Nadu, Karnataka, Uttar Pradesh, and West Bengal. They actively participate in competitive bidding processes to secure EPC projects for government agencies. As an authorised dealer of TATA Power Solar Systems Ltd., the company provides installation, sales, commissioning, and maintenance services for solar power products.
The company employs 118 professionals across various departments, including accounting and finance, human resources and administration, engineering and operations, procurement and material management, and safety and security. With a strong commitment to quality and efficiency, Sathlokhar Synergys E&C Global Limited continues to deliver exceptional construction solutions, contributing significantly to infrastructure development in India.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2013 | Infrastructure | G Thiyagu |
Know Before Investing
Sathlokhar Synergys E&C Global IPO Strengths
- Experienced promoters with 20+ years in the infrastructure industry.
- Proven track record with 64 successful projects since 2013.
- Strong order book worth ₹66,978.53 Lakhs in 2024.
- Over 11 years of fast track EPC turnkey experience.
- Established reputation for timely project execution since 2013.
- In-house integrated model with design and engineering teams.
Sathlokhar Synergys E&C Global IPO Risks
- High revenue concentration in Tamil Nadu and Karnataka (87% combined).
- Contingent liabilities of ₹2.93 lakhs may impact financial condition.
- Competitive bidding limits assurance of future project awards.
- Historical discrepancies in filings with ROC affect financial transparency.
- Working capital intensive projects require significant financing arrangements.
- Directors lack experience managing public listed company compliance.
Swot Analysis for Sathlokhar Synergys E&C Global IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Sathlokhar Synergys E&C Global Limited
Plot No. 5171, 9th Street,
Ram Nagar North Extension, Madipakkam,
Kanchipuram, Saidapet – 600091
Phone: +91 7299541122
Email: [email protected]
Website: http://www.sathlokhar.com/
IPO Registar Details
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query
FAQs
The key objectives of Sathlokhar Synergys E&C Global IPO are:
- Working Capital
- General Corporate Purposes