Sathlokhar Synergys E&C Global IPO Review

Sathlokhar Synergys turnkey contractors in Chennai / PAN India aim to provide top quality, individualized services according to our needs. They are dedicated to delivering the demands of their clients while upholding international/global criteria and standards

The Company is led by experienced and professional Promoters, named, MR. G THIYAGU has over 25 years of experience in various aspect of Real Estate industry, MS. SANGEETHAA THIYAGU has over 21 years of experience in Project Management and in construction industry and MR. DINESH SANKARAN has more than 24 years of experience in the IT industry, he specializes in Robotics Process Automation, Conversational Chatbots, Cloud Platforms, Computer Vision/OCR, and other areas.

Financially, Sathlokhar Synergys revenue increased from ₹5,851.51 Lakhs in FY22 to ₹8,715.66 Lakhs in FY23 and currently jumped to ₹24,732.09 Lakhs in FY24. Similarly, EBITDA also increased from ₹176.49 Lakhs in FY22 to ₹837.32 Lakhs in FY23 and currently increased at ₹3,572.45 Lakhs in FY24. The PAT also increased from ₹87.87 Lakhs in FY22 to ₹545.55 Lakhs in FY23 and currently at ₹2,621.43 Lakhs in FY24. This indicates a steady financial performance.

For the Sathlokhar Synergys IPO, the company is issuing shares at a pre-issue EPS of ₹14.98 and a post-issue EPS of ₹10.86. The pre-issue P/E ratio is 9.34x, while the post-issue P/E ratio is 12.89x against the industry P/E ratio of 12.92x. The company's ROCE for FY24 is 87.33% and ROE for FY24 is 95.59%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Sathlokhar Synergys indicates potential listing gains of 65% to 70%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Apply the Sathlokhar Synergys IPO for Listing gain or long term investment purposes.