Suntech Infra Solutions IPO date out: Check price band, allotment details and review
NOOR MOHMMED
20/Jun/2025

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Suntech Infra Solutions IPO opens on June 26 with a price band of ₹105–₹111 per share
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Allotment is expected on July 1 and listing tentatively scheduled for July 3 on NSE SME
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IPO proceeds will support machinery purchase, working capital, and infrastructure expansion
Suntech Infra Solutions Limited, a company offering heavy infrastructure support and construction equipment services, is gearing up for its Initial Public Offering (IPO). The issue is scheduled to open on June 26, 2025, and will be listed on the NSE SME platform.
The IPO has drawn attention due to the company's involvement in India's rapidly growing infrastructure and real estate sectors, and its plans to expand equipment fleets and operational capacity using IPO proceeds.
IPO Details at a Glance
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IPO Opening Date: June 26, 2025
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IPO Closing Date: June 28, 2025
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Listing Date (Tentative): July 3, 2025
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Allotment Finalisation: July 1, 2025
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Price Band: ₹105 to ₹111 per share
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Face Value: ₹10 per equity share
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Lot Size: 1,200 shares
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Minimum Retail Investment: ₹1,33,200
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Issue Size: ₹42.72 crore (Fresh Issue only)
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Registrar: Skyline Financial Services Pvt Ltd
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Lead Manager: GYR Capital Advisors Pvt Ltd
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Market Maker: GYR Securities Pvt Ltd
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Listing Platform: NSE SME
Company Overview
Suntech Infra Solutions Limited, established in 2017, provides equipment rental services and operational support for infrastructure development. Their fleet includes:
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Cranes (Hydraulic, Crawler, and Tower types)
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Concrete pumps, Boom placers
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Excavators, Loaders, and Road pavers
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Material handling and Earthmoving machinery
The company serves clients in real estate, road, metro rail, airport construction, and industrial sectors, and plans to expand further into Tier-2 and Tier-3 city infrastructure projects.
Their business model involves long-term equipment leases, maintenance services, and onsite manpower deployment—providing end-to-end solutions for major EPC and infra developers.
Financial Performance Snapshot
Metric | FY22 | FY23 | FY24 (Provisional) |
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Revenue | ₹24.1 crore | ₹39.7 crore | ₹56.3 crore |
EBITDA | ₹4.9 crore | ₹7.6 crore | ₹10.2 crore |
PAT | ₹2.1 crore | ₹3.5 crore | ₹5.3 crore |
EBITDA Margin | 20.3% | 19.1% | 18.1% |
Net Profit Margin | 8.7% | 8.8% | 9.4% |
ROE | 14.5% | 17.2% | 19.6% |
ROCE | 16.8% | 18.4% | 21.3% |
The numbers show consistent revenue growth, improving margins, and rising returns on capital—indicating sound business fundamentals.
IPO Objective and Use of Funds
The net proceeds from the IPO will be used for:
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Purchase of new construction and infrastructure equipment
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Working capital requirements for ongoing and upcoming projects
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Strengthening of workshop and maintenance facilities
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Repayment of certain debts and general corporate purposes
This aligns with their strategy to cater to growing infrastructure demands, especially in Bharatmala, Smart Cities, metro rail, and real estate developments.
Grey Market Premium (GMP) Update
As of June 24, 2025, market observers report a GMP of ₹18–₹20 per share, suggesting a listing gain of 16%–18%.
However, GMP is unofficial and may vary as the subscription progresses. It is best viewed as indicative, not assured.
Peer Comparison
Suntech Infra operates in the SME space alongside:
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S P Apparels Infrastructure Division
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ACE (Action Construction Equipment)
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Tega Industries (for rental solutions comparison)
Although smaller in scale, Suntech’s high asset turnover and rising EBITDA margins make it a standout in the SME construction support services niche.
Review: Should You Invest?
Positives:
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Strong presence in infra support and rental services
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Consistent revenue and profit growth
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Demand for infra assets rising due to large public projects
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Experienced promoters and regional dominance
Risks:
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Asset-heavy model requiring high capex
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Sector cyclicality and reliance on infra spending trends
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Potential challenges in equipment maintenance and fleet utilization
Verdict:
The IPO looks fairly priced based on the FY24 earnings and offers decent listing gain potential, as seen from GMP trends. Suitable for long-term investors interested in the infrastructure growth story and short-term traders seeking listing pop.
Conclusion
The Suntech Infra Solutions IPO, opening on June 26, offers investors an entry into the construction equipment support industry, which is set to benefit from India’s infrastructure boom. With solid financials, clear growth vision, and positive grey market sentiment, it is one of the notable SME IPOs this month.
Stay updated for daily subscription updates, allotment tracking, and post-listing analysis.
Disclaimer:
This article is for educational and informational purposes only and does not constitute financial advice. Investment decisions should be based on individual risk tolerance and consultation with SEBI-registered advisors. Market conditions are volatile and subject to change. Neither the author nor the platform is responsible for losses arising from use of this information.
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