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 IPO – Details
| IPO Opening Date | 30 July 2024 |
| IPO Closing Date | 01 August 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 66,38,000 Shares Worth ₹92.93 Crore Fresh Issue: 66,38,000 Shares Worth ₹92.93 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹133 – ₹140 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Purva Sharegistry India Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Sathlokhar Synergys E&C Global IPO – Date Schedule
| IPO Open Date | 30 July 2024 |
| IPO Close Date | 01 August 2024 |
| Basis of Allotment | 02 August 2024 |
| Initiation of Refund | 05 August 2024 |
| Credit of Shares to Demat Account | 05 August 2024 |
| IPO Listing Date | 06 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 01, 2024 |
Sathlokhar Synergys E&C Global IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,40,000 |
| Retail (Max) | 1 | 1000 | ₹1,40,000 |
| HNI (Min) | 2 | 2000 | ₹2,80,000 |
Competitive Strengths
- Experienced Promoters having deep domain knowledge to scale up the business.
- Diversified Clientele.
- Management team having established track record.
- Established track record of successfully completed projects.
- In-house integrated model.
- Strong order books.
Company Promoters
- Mr. G Thiyagu
- Ms. Sangeethaa Thiyagu
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 58.51 | 57.33 | 0.87 | 6.77 |
| 31 March 2023 | 87.15 | 79.84 | 5.45 | 6.12 |
| 31 March 2024 | 247.32 | 212.31 | 26.21 | 0.07 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 87.33% |
| RoNW | 64.68% |
| P/BV | 1.96 |
| PAT Margin (%) | 10.61 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 14.98 | 10.86 |
| P/E (x) | 9.35 | 12.89 |
Object Of The Issue
Sathlokhar Synergys E&C Global IPO Promoter Holding
| Pre Issue Share Holding | 86.49% |
| Post Issue Share Holding | – |
Sathlokhar Synergys E&C Global IPO Prospectus
Company Contact Information
| Sathlokhar Synergys E&C Global Limited Plot No. 5171, 9th Street, Ram Nagar North Extension, Madipakkam,Kanchipuram, Saidapet – 600091 Phone: +91 7299541122 Email: cs@sathlokhar.com Website: http://www.sathlokhar.com/ |
Sathlokhar Synergys E&C Global IPO Registrar
| Purva Sharegistry India Pvt Ltd Phone: +91-022-23018261/ 23016761 Email: support@purvashare.com Website: https://www.purvashare.com/investor-service/ipo-query |
Sathlokhar Synergys E&C Global IPO Lead Manager(s)
| 1. GYR Capital Advisors Private Limited |
Sathlokhar Synergys E&C Global IPO FAQs
| What is Sathlokhar Synergys E&C Global IPO? Sathlokhar Synergys E&C Global IPO is a SME IPO. The issue is priced at ₹133 and ₹140 per equity share. The IPO is to be listed on NSE SME. |
| When Sathlokhar Synergys E&C Global IPO will open? The IPO is to open on 30 July 2024 for QIB, NII, and Retail Investors. |
| What is Sathlokhar Synergys E&C Global IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Sathlokhar Synergys E&C Global IPO? You can apply Sathlokhar Synergys E&C Global IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Sathlokhar Synergys E&C Global IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Sathlokhar Synergys E&C Global IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Sathlokhar Synergys E&C Global IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Sathlokhar Synergys E&C Global IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Sathlokhar Synergys E&C Global IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sathlokhar Synergys E&C Global IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Sathlokhar Synergys E&C Global IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Sathlokhar Synergys E&C Global IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Sathlokhar Synergys E&C Global IPO Size? Sathlokhar Synergys E&C Global IPO size is ₹92.93 Crore. |
| What is Sathlokhar Synergys E&C Global IPO Price Band? Sathlokhar Synergys E&C Global IPO Price Band is ₹133 – ₹140. |
| What is Sathlokhar Synergys E&C Global IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1000 Shares with ₹1,40,000 amount while the maximum bid is 1000 Shares with ₹1,40,000. |
| What is the Sathlokhar Synergys E&C Global IPO Allotment Date? Sathlokhar Synergys E&C Global IPO allotment date is 02 August 2024. |
| What is the Sathlokhar Synergys E&C Global IPO Listing Date? Sathlokhar Synergys E&C Global IPO listing date is 06 August 2024. The IPO is to be listed on NSE SME. |
