
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
Overall Subscription
211.27x
Total Demand
QIB Multiplier
171.55x
Institutions & Funds
NII / HNI
382.77x
High Net-Worth
Retail (RII)
160.47x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,208,000 | 207,238,000 | 171.55x |
| NIB | 906,000 | 346,789,000 | 382.77x |
| RETAIL | 2,114,000 | 339,228,000 | 160.47x |
| Total | 4,228,000 | 893,255,000 | 211.27x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,323 | 372,772 | 160.47x |
| HNIs (10L +) | 15 | 5,742 | 382.77x |
| HNIs (2-10L) | 71 | 27,177 | 382.77x |
| Total Applications | 2,409 | 405,691 | 168.41x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Sathlokhar Synergys E&C Global Limited IPO is ₹95 per equity share. Based on the upper price band of ₹133 to ₹140 per equity share, the estimated listing price is ₹235 (+67.9% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹95, the expected profit per application lot is approx ₹95,000 (+67.9% gain). Minimum application cost is approx ₹1,40,000.
The Sathlokhar Synergys E&C Global Limited IPO aggregate issue size is ₹92.93 Crores with an equity price band set at ₹133 to ₹140 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 211.27x (Retail: 160.47x, QIB: 171.55x, NII: 382.77x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2024-08-02. Investors can verify status using PAN card or application number.
Sathlokhar Synergys E&C Global Limited shares are scheduled to list on NSE on 2024-08-06.