
Capital Goods / Engineering & Construction · NSE
Founded in 2013, Sathlokhar Synergys E&C Global Limited—formerly Lohats Ventures Private Limited—is an EPC service provider specializing in the construction of buildings and infrastructure facilities. The company delivers end-to-end solutions across industrial, warehousing, commercial, institutional, and pharmaceutical projects, as well as solar plants, hospitals, hotels, resorts, and villas. It also undertakes mechanical, electrical, and plumbing installations for diverse construction needs. With completed projects in Tamil Nadu, Karnataka, Uttar Pradesh, and West Bengal, the company actively participates in government EPC tenders through competitive bidding. As an authorized dealer of TATA Power Solar Systems Ltd., Sathlokhar Synergys offers installation, sales, commissioning, and maintenance of solar power products. Supported by a team of 118 professionals across finance, HR, engineering, operations, procurement, materials management, and safety, the company continues to strengthen its presence in India’s construction and solar infrastructure sector.
Price Band
₹133 – ₹140
Issue Size
₹92.93 Cr
Lot Size
1000 shares
GMP
+67.9%
Est. Listing
₹235
at current GMP
Subscribed
211.27x
overall
Open
30 Jul 2024
Close
1 Aug 2024
Allotment
2 Aug 2024
Refund
3 Aug 2024
Demat Credit
4 Aug 2024
Listing
6 Aug 2024
Designated Registrar: Purva Sharegistry India Private Limited
Allotment Date
2 Aug 2024
Basis finalization
Refunds Initiate
3 Aug 2024
Mandate release
Demat Credit
4 Aug 2024
Shares in demat
Listing Debut
6 Aug 2024
Trading begins
Sathlokhar Synergys E&C Global Limited is bringing an initial public offering (IPO) in the Capital Goods / Engineering & Construction sector with an aggregate issue size of ₹92.93 Crores. The shares are offered at a price band of ₹133 to ₹140 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-08-01, the basis of allotment is scheduled to be finalized on 2024-08-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Purva Sharegistry India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.