The ₹47.20 crore SME IPO of Suntech Infra Solutions Ltd., which opened on June 26, 2025, has recorded significant retail participation by the end of Day 2 (June 27, 2025).

Backed by the company’s presence in the infrastructure and construction contracting space, investor sentiment remains positive ahead of the final bidding day.

Subscription Status (As of Day 2, 5:00 PM)

Analysts expect a surge in bidding on Day 3, especially from institutional and HNI investors.

GMP Watch: What Does the Grey Market Say?

As per grey market trackers:

• Suntech Infra IPO GMP is hovering between ₹15–₹17

• This implies a potential listing price of ₹123–₹125, compared to the upper price band of ₹108

• A 14–16% premium is currently expected if sentiment holds

GMP is unofficial and should be used as an indicator, not a guarantee of listing performance.

IPO Details: Quick Snapshot

About Suntech Infra Solutions Ltd.

Suntech Infra is an engineering, procurement, and construction (EPC) contractor, engaged in:

• Highways and roads

• Urban infrastructure

• Commercial real estate projects

With a growing order book and regional presence in North and Central India, the firm plans to use the IPO proceeds for:

• Equipment acquisition

• Working capital enhancement

• Business development & marketing

Should You Subscribe to Suntech Infra IPO?

Pros:

• Operating in the high-growth infrastructure sector

• Strong retail interest and positive GMP

• Healthy financials and experienced leadership

Cons:

• SME IPOs come with low liquidity risks

• Execution challenges tied to project-based revenue

• Dependent on government project cycles and approvals

Expert Take:
Attractive for short-term gains, especially if final-day QIB/NII demand strengthens. Long-term investors should assess order book sustainability and cash flow health.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to consult with certified financial advisors and read all documents carefully before making investment decisions. Market conditions are subject to change.

The Upcoming IPOs in this week and coming weeks are Crizac, Silky Overseas, Vandan Foods, Pushpa Jewellers, Cedaar Textile, Adcounty Media India, Marc Loire Fashions, Neetu Yoshi.

The Current active IPO are Moving Media Entertainment, Valencia India, PRO FX Tech, Ace Alpha Tech, Indogulf Cropsciences, Suntech Infra Solutions, Rama Telecom, Supertech EV, Sambhav Steel Tubes, HDB Financials, Abram Food, Shri Hare-Krishna Sponge Iron, Icon Facilitators, Globe Civil Projects, Ellenbarrie Indutrial Gases, Kalpataru, AJC Jewel.

The Closed IPOs are Aakaar Medical Technologies, Safe Enterprises Retail Fixtures, Mayasheel Ventures.

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