31 Mar 2022
Assets46.28
Total Income58.52
Profit After Tax0.88
NET Worth8.86
Reserves and Surplus6.86
Total Borrowing6.77
At a glance
Updated 2026-09-13The shares listed at ₹260.00, a 85.71% move from the issue price. Sathlokhar Synergys E&C Global is a SME IPO with an issue size of ₹92.93 crore, proposed for listing on NSE SME. The offer opens on 30th Jul 2024 and closes on 1st Aug 2024. The issue structure includes a fresh issue of ₹84.53 crore. The current listing schedule points to 6th Aug 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹92.93 Cr
Fresh issue₹84.53 Cr
Face value₹10
Price band₹133.00–₹140.00
Allotment2nd Aug 2024
Listing6th Aug 2024
Listing performance
Full performance ↗Issue price₹140.00
Listing price₹260.00
Current price—
Listing gain85.71%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹95.00
GMP / upper price67.86%
Est. listing₹235.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30th Jul 2024
Closes1st Aug 2024
Allotment2nd Aug 2024
Refund5th Aug 2024
Demat5th Aug 2024
Listing6th Aug 2024
Subscription demand
Full bidding ↗Total211.13×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | ₹140,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Working Capital | ₹73.00 Cr |
| General Corporate Purposes | ₹15.43 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue247.32₹ Cr · +183.8% vs prior year
PAT26.21₹ Cr · +380.0% vs prior year
Assets104.83₹ Cr · +119.2% vs prior year
Net Worth40.53₹ Cr · +183.0% vs prior year
Borrowing0.08₹ Cr · -98.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets47.82
Total Income87.16
Profit After Tax5.46
NET Worth14.32
Reserves and Surplus12.32
Total Borrowing6.12
31 Mar 2024
Assets104.83
Total Income247.32
Profit After Tax26.21
NET Worth40.53
Reserves and Surplus38.53
Total Borrowing0.08
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 87.33% |
| RoNW | 64.68% |
| PAT Margin | 10.61% |
| Price to Book Value | 1.96 |
Valuation & shareholding
Pre-IPO EPS14.98
Post-IPO EPS10.86
Pre-IPO P/E9.35
Post-IPO P/E12.89
Promoter holding pre86.5%
Promoter holding post62.71%
Market cap₹337.93 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Sathlokhar Synergys E&C Global IPO | — | 12.89 x | — | — |
| Leapfrog Engineering IPO | — | 17.24 x | — | — |
| Safety Controls IPO | — | 15.51 x | — | — |
| Greenleaf Envirotech IPO | — | 17.17 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Counsel, Registrars and other out of pocket expenses | ₹0.50 Cr |
| Advertising and Marketing Expenses | ₹2.85 Cr |
| Fees payable to the stock exchange(s) | ₹0.15 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.03 Cr |
| Brokerage and Selling Commission | ₹0.10 Cr |
| Other Expenses (Banker’s to the Issue, Auditor’s Fees etc.) | ₹0.87 Cr |
Registrar & lead managers
Registrar
Purva Sharegistry (India) Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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