
Infrastructure & Construction · NSE
Suntech Infra Solutions Limited, established in April 2009, is a B2B construction company offering civil construction services such as foundation and structural work. These services are delivered through direct contracts, sub-contracts, and equipment rentals. The company caters to both public and private sector clients across various industries, including power, oil and gas, steel, cement, renewable energy, refineries, petrochemicals, fertilizers, and process plants. It also contributes to infrastructure development in urban and rural areas with projects like bridges and irrigation systems. As of July 31, 2024, the company is working on six ongoing projects with a total value of ₹18,637.19 lakhs, supported by official allocation letters and purchase orders. In addition, it holds equipment rental orders worth around ₹1,092.70 lakhs. Suntech Infra operates in several states, including Delhi, Bihar, Gujarat, Odisha, and Rajasthan. It owns a large fleet of advanced construction machinery such as hydraulic rotary piling rigs, diaphragm wall grabs, concrete boom placers, crawler cranes, and vibro hammers. The company has delivered services for major clients including Bharat Mandapam (ITPO, Delhi), IOCL refinery projects in Barauni and Barmer, Ultratech Cement’s plant in Kotputli, Rajasthan, and high-rise building foundations for the Unity Group. As of March 31, 2024, Suntech Infra employs approximately 462 full-time staff and hires an additional 200 to 220 casual workers based on project requirements.
Price Band
₹81 – ₹86
Issue Size
₹47.30 Cr
Lot Size
1600 shares
GMP
+47.7%
Est. Listing
₹127
at current GMP
Subscribed
223.64x
overall
Open
25 Jun 2025
Close
27 Jun 2025
Allotment
30 Jun 2025
Refund
1 Jul 2025
Demat Credit
2 Jul 2025
Listing
2 Jul 2025
Designated Registrar: Mas Services Limited
Allotment Date
30 Jun 2025
Basis finalization
Refunds Initiate
1 Jul 2025
Mandate release
Demat Credit
2 Jul 2025
Shares in demat
Listing Debut
2 Jul 2025
Trading begins
Suntech Infra Solutions Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹47.3 Crores. The shares are offered at a price band of ₹81 to ₹86 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
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 2025-06-27, the basis of allotment is scheduled to be finalized on 2025-06-30. 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 (Mas Services 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.