Issue Price
₹140
Per Share
GMP
NIL
Grey Market
Est. Listing
₹140
Expected Price
Min. Application
₹280,000
2 lots × 1000 shares
Founded in 2013, Sathlokhar Synergys E&C Global Limited, previously known as Lohats Ventures Private Limited, provides specialized engineering, procurement and construction (EPC) services for the construction of buildings and infrastructure facilities.Sathlokhar Synergys provides construction services for industrial, warehousing, commercial, institutional and pharmaceutical projects, solar projects, hospitals, hotels, resorts and villas etc. The company also provides installation of mechanical, electrical and plumbing networks in construction projects.The company has completed projects in 4 states of India, namely Tamil Nadu, Karnataka, Uttar Pradesh and West Bengal. The company also undertakes EPC projects for government agencies through competitive bidding processes. Sathlokhar Synergys is also an authorized dealer of TATA Power Solar Systems Ltd. for providing installation, sales, commissioning and maintenance services for its products as per mutually agreed terms and conditions in connection with its solar power projects.The company employs a total of 118 people in the departments of accounting and finance, human resources and administration, engineering and operations, procurement and material management and safety and security.
Sathlokhar Synergys E&C Global Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 600,000 | — | ₹8.40 Cr | — |
| TOTAL | 6,638,000 | 100.00% | ₹92.93 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹140,000 |
| Retail (Max) | 13 | 13,000 | ₹1,820,000 |
| sNII (Min) | 14 | 14,000 | ₹1,960,000 |
| bNII (Min) | 68 | 68,000 | ₹9,520,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 24732.09 | 8715.66 | 5851.51 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 2621.43 | 545.55 | 87.87 |
| Net Worth | 4053.08 | 1431.65 | 886.10 |
| Total Assets | 10482.58 | 4782.28 | 4627.77 |
| Reserves & Surplus | 3853.09 | 1231.66 | 686.11 |
| Total Borrowings | 7.92 | 612.19 | 677.14 |