Last updated on August 9, 2024
Sathlokhar Synergys IPO description – Sathlokhar Synergys E&C Global is an EPC (Engineering, Procurement, and Construction) and turnkey contracting powerhouse. They specialize in crafting solutions for a diverse array of projects ranging from industrial structures to warehousing hubs, commercial edifices, institutional complexes, and pharmaceutical facilities. Their expertise also spans solar initiatives, hospitals, luxurious hotels, serene resorts, and elegant villas.
The company handles EPC projects for government entities through tender offerings and excels in installing Mechanical, Electrical, and Plumbing (MEP) networks. As an authorized channel partner for TATA Power Solar Systems, Sathlokhar provides installation, sales, commissioning, and maintenance services for TATA’s solar products under mutually agreed terms.
Sathlokhar Synergys currently operates across Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, West Bengal, Gujarat, and Uttar Pradesh, with plans for further expansion. As of May 2024, Sathlokhar Synergys E&C Global has 14 ongoing projects totaling INR 452 crore across three states. The company has successfully executed 63 projects.
Promoters of Sathlokhar Synergys E&C Global – Mr. G Thiyagu, Ms. Sangeethaa Thiyagu, and Mr. Dinesh Sankaran
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Sathlokhar Synergys E&C Global IPO Details
| Sathlokhar Synergys IPO Dates | 30 July – 1 August 2024 |
| Sathlokhar Synergys Issue Price | INR 133 – 140 per share |
| Fresh issue | 66,38,000 shares (INR 88.29 – 92.93 crore) |
| Offer For Sale | NIL |
| Total IPO size | 66,38,000 shares (INR 88.29 – 92.93 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 1,40,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Sathlokhar Synergys Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 58.49 | 87.11 | 246.97 |
| Expenses | 57.34 | 79.84 | 212.32 |
| Net income | 0.88 | 5.46 | 26.21 |
Sathlokhar Synergys Offer News
- Sathlokhar Synergys IPO Subscription Status
- Sathlokhar Synergys RHP
- Sathlokhar Synergys Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Sathlokhar Synergys Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.50 | 3.12 | 14.98 |
| PE ratio | – | – | 8.88 – 9.35 |
| RONW (%) | 9.92 | 38.11 | 64.68 |
| NAV | 5.06 | 8.18 | 23.16 |
| ROCE (%) | 10.87 | 40.56 | 87.33 |
| EBITDA (%) | 3.02 | 9.61 | 14.44 |
| Debt/Equity | 0.76 | 0.43 | 0.00 |
Sathlokhar Synergys IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 5 August 2024 | 120 | – | 90,000 |
| 2 August 2024 | 155 | – | 1,24,000 |
| 1 August 2024 | 150 | – | 1,20,000 |
| 31 July 2024 | 135 | – | 1,08,000 |
| 30 July 2024 | 120 | – | 90,000 |
| 29 July 2024 | 85 | – | 46,500 |
| 27 July 2024 | 85 | – | 46,500 |
| 26 July 2024 | 75 | – | 40,000 |
| 25 July 2024 | 20 | – | 15,000 |
Sathlokhar Synergys IPO Allotment Status
Sathlokhar Synergys IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Sathlokhar Synergys IPO Dates & Listing Performance
| IPO Opening Date | 30 July 2024 |
| IPO Closing Date | 1 August 2024 |
| Finalization of Basis of Allotment | 2 August 2024 |
| Initiation of refunds | 5 August 2024 |
| Transfer of shares to demat accounts | 5 August 2024 |
| IPO Listing Date | 6 August 2024 |
| Opening Price on NSE SME | INR 260 per share (up 85.71%) |
| Closing Price on NSE SME | INR 247 per share (up 76.43%) |
Sathlokhar Synergys Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej, Ahmedabad-380 054
Phone:+91 8777564648
Email:Â [email protected]
Website:Â www.gyrcapitaladvisors.com
Sathlokhar Synergys Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone:Â + 91- 022-4961 4132
Email:Â [email protected]
Website: www.purvashare.com
Sathlokhar IPO Contact Details
SATHLOKHAR SYNERGYS E&C GLOBAL LIMITED
Plot No. 5171, 9th Street, Ram Nagar
North Extension, Madipakkam, Kanchipuram,
Saidapet, Tamil Nadu, India- 600091
Phone: +91 7299541122
E-mail: [email protected]
Website: www.sathlokhar.com
Sathlokhar IPO FAQs
What is the Sathlokhar Synergys offer size?
Sathlokhar Synergys offer size is INR 88.29 – 92.93 crores.
What is the Sathlokhar Synergys offer price band?
Sathlokhar Synergys public offer price is INR 133 – 140 per share.
What is the lot size of the Sathlokhar Synergys IPO?
Sathlokhar Synergys offer a lot size is 1,000 shares.
What is Sathlokhar Synergys IPO GMP today?
Sathlokhar Synergys IPO GMP today is INR 120 per share.
What is the Sathlokhar Synergys kostak rate today?
Sathlokhar Synergys kostak rate today is INR NA per application.
What is Sathlokhar Synergys Subject to the Sauda rate today?
Sathlokhar Synergys is Subject to the Sauda rate today is INR 90,000 per application.
