Sathlokhar Synergys E&c Global IPO Details, GMP Price, Date, Review

Sathlokhar Synergys E&c Global IPO
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Sathlokhar Synergys E&c Global IPO details Today : Sathlokhar Synergys E&c Global IPO details Today is Open on 30 July 2024 and Close on 1 August 2024. Sathlokhar Synergys E&c Global IPO to Raise 6,638,000 shares (Approx ₹92.93 Cr) via IPO. The Fresh issue of 6,638,000 shares (Approx ₹92.93 Cr). 

We are an integrated engineering, procurement and construction (“EPC”) (design and build) & infra turnkey contracting company providing specialized services for construction of buildings and infrastructure facilities for industrial, warehousing, commercial, institutional, pharmaceutical projects, solar projects, hospitals, hotels, resorts & villas etc.

We are having experience in design and construction of various projects across 4 states in India i.e. Tamil Nadu, Karnataka, Uttar Pradesh and West Bengal. We also undertake EPC projects for government entities through tender offering process.

We provide our services across the value chain ranging from detailed designing, planning, procurement of all the materials except specialized work material, engineering of the project and project execution – the site work with overall project management and completion of all works upto commissioning and delivering or taking over for their intended purpose.

We have our in-house professionals; MEP Designers and Engineers who meticulously build and execute the MEP Projects. We are also an authorised channel partner for TATA Power Solar Systems Ltd, for providing installation, sales, commissioning and maintenance services of its products as per mutually agreed terms in relation with its Solar Power Projects.

We are an ISO 9001:2015 (Quality Management System), ISO 14001: 2015 (Environment Management System) and ISO 45001:2018 (Occupational Health & Safety Management System) certified company. Further, we bid independently on projects, tendered by departments of government authorities and other entities funded by the GoI.

Our CLIENTS

  • Pepsico (US Based)
  • Godrej Industries Ltd
  • Relaince Retail

1. Project Initiation :-Project initiation commences with initial discussions between the client and the project head and Architect. During these discussions, as per client’s requirements the project’s initial concept and requirements are taken and discussed in detail. This stage serves as the foundation upon which the project’s direction and planning will be built. It involves understanding the client’s needs, objectives, and constraints, and determining whether the project is technically, economically, and logistically feasible.

2. Planning and Optimization :-  The Planning stage is fundamental in any project we are ensuring that the project is well-structured, organized, and aligned with its objectives. It sets the stage for the subsequent execution, monitoring, and closure phases,
allowing for effective project management and successful project delivery. We strive to optimize the available resource allocation to efficiently and effectively achieve the project’s objectives.

3. Monitoring, Review, and Execution :- During execution, the monitoring and reviewing is an ongoing process that involves continuous decision-making to ensure that the project adheres to the envisaged blueprint devised in the Planning stage and selected strategy serves as the guiding framework for day-to-day activities, with adjustments being made as necessary to efficiently and effectively attain objectives. Effective review, communication and reporting plays a pivotal role in smooth execution, ensuring that stakeholders are well-informed about progress and if any decisions are obtained quickly to avoid delays related to the execution strategy.

4. Project Completion :- After the Completion of the project, the execution team conducts training session for the client’s user team for effective utilization of equipment and instalments. We also attend to any defects pointed out by clients during the
defect liability period for smooth delivery of the project.

Sathlokhar Synergys E&c Global IPO Date & Price Band Details

IPO Open Date 30 July 2024
IPO Close Date 1 August 2024
IPO Size 6,638,000 shares (Approx ₹92.93 Cr)
Fresh Issue 6,638,000 shares (Approx ₹92.93 Cr)
Lot Size 1000 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹133 to ₹140 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Sathlokhar Synergys E&c Global IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹140,000
Retail Maximum 1 1000 ₹140,000
S-HNI Minimum 2 2000 ₹280,000

Object of the Issue

  1.  Working Capital
  2.  General Corporate Purposes

Sathlokhar Synergys E&c Global IPO Allotment & Listings (Details)

IPO Open Date 30 July 2024
IPO Close Date 1 August 2024
Basis of Allotment 2 August 2024
Refunds 5 August 2024
Credit to Demat Account 5 August 2024
IPO Listing Date 6 August 2024

Sathlokhar Synergys E&c Global Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹247.32 ₹212.32 ₹26.21
2023 ₹87.16 ₹79.84 ₹5.46
2022 ₹58.52 ₹57.34 ₹0.88

Our Company Promoters

  1. Sangeethaa Thiyagu
  2. G Thiyagu

Qualitative Factors

  • Experienced Promoters having deep domain knowledge to scale up the business.
  • Diversified Clientele.
  • Management team having established track record.
  • Established track record of successfully completed projects.
  • In-house integrated model.
  • Strong order books.

Sathlokhar Synergys E&c Global IPO Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Sathlokhar Synergys E&C Global Limited 10.00 3.12 [.] 38% 71.58% 8,715.66
Peer Group
K2 Infragen Limited 10.00 18.02 9.49 81% 62.04% 7,490.08
Suraj Estate Developers Limited 10.00 10.01 38.88 45% 225.24% 30,789.00
SRM Contractors Limited 10.00 90.82 2.20 30% 37.72% 30,065.09

Comparison of Accounting Ratios with Listed Peer Group Companies

  • Sathlokhar Synergys E&C Global Limited
  • K2 Infragen Limited.
  • Suraj Estate Developers Limited.
  • SRM Contractors Limited.

Also Read: Stallion India Fluorochemicals IPO Details Today, GMP Price, Date, Review

Sathlokhar Synergys E&c Global Company Contact Details

Plot No.5171, 9th Street, Ram Nagar North Extension,
Madipakkam, Kanchipuram, Saidapet, Tamil
Nadu, India, 600091
Telephone No.: +91 7299541122
E-mail: cs@sathlokhar.com
Investor grievance id: investors@sathlokhar.com
Website: www.sathlokhar.com

Sathlokhar Synergys E&c Global Lead Manager

GYR Capital Advisors Private Limited
Address: 428, Gala Empire, Near JB Tower, Drive in Road, Thaltej,
Ahemdabad-380 054, Gujarat, India.
Telephone: +91 8777564648
E-mail Id: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Investor Grievance E-mail Id: investors@gyrcapitaladvisors.com
Contact Person: Mr. Mohit Baid

Sathlokhar Synergys E&c Global IPO Registrar

Purva Sharegistry (India) Private Limited
Address: 9 Shiv Shakti Industrial Estate, J.R. Boricha Marg, Near Lodha
Excelus, Lower Parel East, Mumbai – 400 011, Maharashtra, India
Tel: 022 4961 4132 / 3522 0056
Email: support@purvashare.com
Website: www.purvashare.com
Investor Grievance Email: newissue@purvashare.com
Contact Person: Ms. Deepali Dhuri

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