Overview of Company
Sathlokhar Synergys E&C Global IPO as SATHLOKHAR ‘SYNERGYS’ – The Family, was set up in the year 2013. We are a well known civil Engineering EPC (Design and Build) & Infrastructure Turnkey Contractors in Chennai / PAN INDIA.
Construction of Buildings (Design& Build) & Infrastructure Facilities Industrial/ Warehouse/ Commercial/ Institutional/ Hotels/ Pharma Projects/ Hospital/ Marriage halls/ Resorts & Solar Projects are the activities that we perform, we also the Project Management Consultancy Services under a single point responsibility.
We have certified licenses of “Government approved A Grade” (EA 3018) Electrical (HT<) Engineers & MEP Turnkey Contractors.
We are the leading industrial builders Chennai, India, organization engaged to the construction of industry and consultants in projects management passionately devoted to uncompromising quality. In this way, while following the tendencies in the entire globalized world, we are able to provide our clientele services that are able to be considered as optimal for meeting their needs for devising more effective and progressive means for achieving their goals.
Our project team
The team at SATHLOKHAR is fully committed to bring every professionals’ experience, information and good sense of discretion when executing every undertaking of a project to avail the quality service our customers seek. We have progressed, step-by-step, in our concept to every project regarding Design and Construction Technology to construct a future that belongs to you.
For the cause of the present report, let me state that we as a Corporate Entity of repute have been involved in the over all Socio Economic development of several communities in India and, our Task is to become a Successful Synergy of Experts and Professionals.
There is our current operation of providing laptops containing the software; Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, West Bengal, Gujarat, Uttar.
Pradesh; Still planning to expand as well as to keep on going forward with our undying passion and excellent service.
Details of Sathlokhar Synergys E&C Global IPO
Sathlokhar Synergys E&C Global IPO is being issued by the book built method at Rs 92 per share. 93 crores. This is not a reissue at all, it is an entirely new issue of 66. 38 lakh shares.
Sathlokhar Synergys E&C Global IPO is available from 30-07-2024 to 01-08-2024. The allotment for the Sathlokhar Synergys E&C Global IPO is expected to be granted on a Friday that falls on 02nd of August in the year 2024, which is 5 days after the<|reserved_special_token_262|> post opening. Sathlokhar Synergys E&C Global IPO will be listed on NSE SME which comprise tentative listing date of Tuesday, August 06, 2024.
Sathlokhar Synergys E&C Global IPO share price band has been fixed ₹133 to ₹140 per share. The minimum lot size for an application is 1000 Shares for all types of applications whether it is consumer, producer or any other application. At the least, one is expected to be ready and willing to invest ₹140,000 as a retail investor. The minimum lot size investment is 2 lots for the HNI in which the total trade cost would be ₹280,000 for 2,000 shares.
Important Dates of Sathlokhar Synergys E&C Global IPO
Sathlokhar Synergys E&C Global IPO opens on July 30, 2024, and closes on August 1, 2024.
| IPO Open Date | Tuesday, July 30, 2024 |
| IPO Close Date | Thursday, August 1, 2024 |
| Basis of Allotment | Friday, August 2, 2024 |
| Initiation of Refunds | Monday, August 5, 2024 |
| Credit of Shares to Demat | Monday, August 5, 2024 |
| Listing Date | Tuesday, August 6, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 1, 2024 |
Sathlokhar Synergys E&C Global IPO Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹140,000 |
| Retail (Max) | 1 | 1000 | ₹140,000 |
| HNI (Min) | 2 | 2,000 | ₹280,000 |
Promoter Holding of Sathlokhar Synergys E&C Global IPO
Mr. G Thiyagu, Ms. Sangeethaa Thiyagu, and Mr. Dinesh Sankaran are the promoters of the company.
| Share Holding Pre Issue | 86.49% |
Financial Information of Sathlokhar Synergys E&C Global Limited
Sathlokhar Synergys E&C Global Limited’s revenue increased by 183.77% and profit after tax (PAT) rose by 380.51% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 10,482.58 | 4,782.28 | 4,627.77 |
| Revenue | 24,732.09 | 8,715.66 | 5,851.51 |
| Profit After Tax | 2,621.43 | 545.55 | 87.87 |
| Net Worth | 4,053.08 | 1,431.65 | 886.10 |
| Reserves and Surplus | 3,853.09 | 1,231.66 | 686.11 |
| Total Borrowing | 7.92 | 612.19 | 677.14 |
Conclusion
Thus, the Sathlokhar Synergys E&C Global IPO can be considered as a relatively good chance in terms of investment into a successful engineering and construction company. Despite some limitations, the positive market position and financial performance, sound strategies for development indicate its contending opportunities in the future. Nevertheless, like in any other investment, the investors have to carry out their research and analyze measures that may lead to the occurrence of risks before investing. It is a landmark achievement for Sathlokhar Synergys E&C Global that maybe brings an opportunity for them to grow more and dominate the market in future through the IPO. to understand IPo Click here.
How to apply Sathlokhar Synergys E&C Global IPO ?
STEPS to login in Zerodha Console
Step 1: Go-to the console page of zerodha. Then Click on log in to your account Enter this Zerodha user ID, password and PIN access your account.
Step 2: Go to the IPO Segment
Step 3: Visit the ‘Portfolio’: After login click on Portfolio tab, available at left side menu.
Step 4: IPO search Click on ‘IPO’ which is under the tab of Portfolio to view a list comprising all active IPOs.
Step 5: Click on the Sathlokhar Synergys E&C Global IPO
Search the IPO: You can filter by Sathlokhar Synergys E&C Global IPO and search from a list of available public offerings.
Finally, click on ‘Apply’: Upon finding Sathlokhar Synergys E&C Global IPO you just need to select Apply (along with Submit after entering the input details).
Step 6: Type your Application Details
In the application form, you have to enter your UPI ID: Enter Your UPI Id Once added the UPI ID, it can link to a bank account which have enough balance for applying.
Bid Quantity: Qty Enter Number of shares Qty up to Bid Price, Integer only Click on the option ‘Cut-off’ to apply at cut-off price.
Check your field details: Review All the accurate information entered
Step 7: Apply for the position
Submission: After filling all these opportunities click on the submit button as shown below.
UPI Mandate: There you will get a UPI mandate request in your UPI app. Open the app and confirm the mandate to withhold funds for IPO application
Step 8: Trust the Process
Verify the status: After you have accepted a UPI mandate, your IPO application will be submitted successfully Processed Petition available in the IPO tab under Order Book.