Suntech Infra Solutions IPO

NSELot: 1600

LISTEDSME
Issue Price86
Listing109.1
Current40.6
Price Band
81 - ₹86
Lot Size
1,600
Issue Size
₹44.39 Cr
GMP
0
Subscription
4.87x

IPO Schedule

1
Open
25 Jun
2
Close
27 Jun
3
Allotment
-
4
Listing
2 Jul

About Suntech Infra Solutions

Suntech Infra Solutions is an infrastructure development company focused on construction and engineering projects. They primarily undertake projects related to roads, bridges, and other infrastructure segments.

Subscription Status

QIB
0.59x
NII
3.62x
Retail
7.84x
CategoryDay 3Day 2Day 1
QIB122.82x6.15x0.59x
NII529.51x12.92x3.62x
Retail150.10x29.94x7.84x
Total223.64x19.50x4.87x

Risk Factors

SME IPOs generally carry higher risk due to smaller company size and limited operating history.
Dependence on government contracts can expose the company to policy changes and payment delays.
Intense competition in the infrastructure sector may impact profitability.