Sathlokhar Synergys IPO starts on July 30, 2024 tit will be ended on August 1, 2024. The share allotment date is on August 2, 2024 & listing date is August 6, 2024.This is a Book-Built Issue IPO, Sathlokhar Synergys plans to raise ₹92.93 crore with a fresh issue of 66 lakh shares. The IPO size is 1000 shares per lot, and the share price band is set at ₹133 to ₹140 per share. Sathlokhar Synergys E&C Global Limited’s IPO face value is ₹10 per share.
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Sathlokhar Synergys E&C Global Limited Company Overview
Sathlokhar Synergys E&C Global Limited is a Chennai-based industrial building contractor that provides top-class industrial construction, warehouses, institutional, hotel, commercial, and hospital buildings and design services. The company was founded in 2013 in Chennai and now provides services across PAN India. It is an authorized government-approved A-grade electrical engineering and turnkey contractor.
Sathlokhar Synergys E&C Global Limited IPO Details
| IPO Date | July 30, 2024, to August 1, 2024 |
| Listing Date | August 6, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹133 to ₹140 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 6,638,000 shares (aggregating up to ₹92.93 Cr) |
| Fresh Issue | 6,638,000 shares (aggregating up to ₹92.93 Cr) |
| Overall Subscription | |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,499,992 |
| Share holding post issue | 24,137,992 |
| Market Maker portion | 600,000 shares |
Sathlokhar Synergys IPO Important Dates
All the important dates regarding the Sathlokhar Synergys IPO are mentioned below. Mark them on your calendar so you don’t miss any events. Sathlokhar Synergys E&C Global Limited IPO’s opening date is Wednesday, July 30, 2024 and the offer will close on August 1, 2024.
| IPO Open Date | Tuesday, July 30, 2024 |
| IPO Close Date | Thursday, August 1, 2024 |
| Basis of Allotment | Friday, August 2, 2024 |
| Initiation of Refunds | Monday, August 5, 2024 |
| Credit of Shares to Demat | Monday, August 5, 2024 |
| Listing Date | Tuesday, August 6, 2024 |
Today’s GMP for Sathlokhar Synergys IPO
The last updated Grey Market Premium (GMP) for theSathlokhar Synergys E&C Global Limited IPO is ₹59. The offering price for the Sathlokhar Synergys IPO is between ₹136 to ₹144 per share, combining the cap price with today’s GMP. The following table displays the trend of the Sathlokhar Synergys Limited IPO’s GMP over the past few days.
The expected listing share price range of Sathlokhar Synergys IPO is ₹130-₹200.
| GMP Date | IPO Price | GMP Price |
| August 2, 2024 | ₹133-₹140 | ₹59 |
| August 1, 2024 | ₹133-₹140 | ₹56 |
| July 31, 2024 | ₹133-₹140 | ₹57 |
| July 30, 2024 | ₹133-₹140 | ₹54 |
| July 29, 2024 | ₹133-₹140 | ₹59 |
| July 28, 2024 | ₹133 to ₹140 | ₹30-₹40 |
| July 27, 2024 | ₹133 to ₹140 | ₹30-₹40 |
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Sathlokhar Synergys Limited IPO Promoter Holding
| Share Holding Pre Issue | 92.486.49% |
| Share Holding Post Issue | 0% |
Sathlokhar Synergys IPO Lot Size, Investor Category
Sathlokhar Synergys IPO lot size is 1000 share per lot and it price is ₹1,40,000 per lot. The minimum investment size for Retail investors is 1 lot and maximum investment is 1 lot. For HNI investors, the minimum investment is 2 lots, and the maximum investment is 4 lots.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹140,000 |
| Retail (Max) | 1 | 1000 | ₹140,000 |
| HNI (Min) | 2 | 2,000 | ₹2,80,000 |
| HNI (Max) | 4 | 4,000 | ₹5,60,000 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Sathlokhar Synergys E&C Global Limited Financial Statement
| Particular | FY24 | FY23 |
| Assets | ₹105 crore | ₹47.82 crore |
| Revenue | ₹247.32 crore | ₹87.15 crore |
| Profit After Tax | ₹26.21crore | ₹5.45 crore |
| Net Worth | ₹40.53 crore | ₹14.31 crore |
| Reserves and Surplus | ₹38.53 crore | ₹12.32 crore |
| Total Borrowing | ₹7.92 lakh | ₹6.12 crore |
FAQs
1. What is the Sathlokhar Synergys E&C Global Limited IPO’s GMP price?
The current GMP price of the Sathlokhar Synergys IPO is ₹50.
2. On which exchange will the Sathlokhar IPO be listed?
Sathlokhar Synergys E&C Global Limited’s IPO will be listed on the NSE SME.
3. When is the allotment date for Sathlokhar Synergys E&C Global Ltd IPO?
The allotment date of Sathlokhar Synergys IPO is August 2, 2024.
4. What are the opening and closing dates of the IPO?
Sathlokhar Synergys IPO will open on July 30, 2024 & close on August 1, 2024.
5. When is the listing date for the Sathlokhar Synergys E&C Global Limited IPO?
Sathlokhar Synergys E&C Global Limited’s IPO listing date is August 6, 2024.
Sathlokhar Synergys E&C Global Limited
Plot No. 5171, 9 Street,
Ram Nagar North Extension, Madipakkam,
Kanchipuram, Saidapet – 600091
Phone: +91-7299541122
Email: [email protected]
Conclusion
Sathlokhar Synergys E&C Global Limited is an industrial building contractor that provides top-class industrial construction, warehouses, institutional, hotel, commercial, and hospital buildings and design services. It is an authorized channel partner of Tata Power. Stay tuned to this page for more information on Sathlokhar Synergys’ IPO and GMP (Grey Market Premium).
To get more information and regular updates on the Ashapura Logistics Limited IPO, keep in touch with The Invest Advisory.