| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹92.93 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹92.93 Cr |
| Fresh Issue | ₹84.53 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน133.00-140.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SSEGL |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital | 73.00 |
| 2 | General Corporate Purposes | 15.43 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 104.83 | 47.82 | 46.28 |
| Total Income | 247.32 | 87.16 | 58.52 |
| Profit After Tax | 26.21 | 5.46 | 0.88 |
| NET Worth | 40.53 | 14.32 | 8.86 |
| Reserves and Surplus | 38.53 | 12.32 | 6.86 |
| Total Borrowing | 0.08 | 6.12 | 6.77 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 87.33% |
| RoNW | 64.68% |
| PAT Margin | 10.61% |
| Price to Book Value | 1.96 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 14.98 | 10.86 |
| P/E (x) | 9.35 | 12.89 |
| Promoter Holding | 86.5% | 62.71% |
| Market Cap | โน337.93 Cr. | |