
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
Overall Subscription
223.64x
Total Demand
QIB Multiplier
122.82x
Institutions & Funds
NII / HNI
529.51x
High Net-Worth
Retail (RII)
150.10x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 980,800 | 120,459,200 | 122.82x |
| NIB | 736,000 | 389,721,600 | 529.51x |
| RETAIL | 1,716,800 | 257,697,600 | 150.10x |
| Total | 3,433,600 | 767,878,400 | 223.64x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 74 | 0.00x |
| NIB | — | 11,115 | 0.00x |
| RETAIL | — | 161,061 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Suntech Infra Solutions Limited IPO is ₹41 per equity share. Based on the upper price band of ₹81 to ₹86 per equity share, the estimated listing price is ₹127 (+47.7% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹41, the expected profit per application lot is approx ₹65,600 (+47.7% gain). Minimum application cost is approx ₹1,37,600.
The Suntech Infra Solutions Limited IPO aggregate issue size is ₹47.3 Crores with an equity price band set at ₹81 to ₹86 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,37,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 223.64x (Retail: 150.10x, QIB: 122.82x, NII: 529.51x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2025-06-30. Investors can verify status using PAN card or application number.
Suntech Infra Solutions Limited shares are scheduled to list on NSE on 2025-07-02.