The Phoenix Mills Ltd. (PDF)
Suntech Infra Solutions Ltd IPO
Status: Closed
Overview
IPO date
25 Jun 2025 to 27 Jun 2025
Face value
₹ 10 per share
Price
₹ 81 to ₹86 per share
Issue Size
5,161,600 shares
(aggregating up to ₹ 44.39 Cr)
(aggregating up to ₹ 44.39 Cr)
Allotment Date
30 Jun 2025
Listing at
NSE
Issue type
Book Building - SME
Sector
Infrastructure Developers & Operators
Objectives of Suntech Infra Solutions Ltd IPO
Initial public offering upto 51,61,000 equity shares of Rs.10/- each ("equity shares") of Suntech Infra Solutions Limited ("suntech" or the "company") for cash at a price of Rs. 86/- per equity share (the "offer price"), aggregating to Rs. 44.39 crores ("the offer"), comprising a fresh offer of up to 39,74,400 equity shares aggregating to Rs. 34.18 crores by the company ("fresh offer") and an offer for sale of up to 11,87,200 equity shares by gaurav gupta ("the promoter selling shareholder") aggregating to Rs. 10.21 crores ("offer for sale"). out of the offer, 2,59,200 equity shares aggregating to Rs. 2.22 crores will be reserved for subscription by market
maker ("market maker reservation portion"). The offer less the market maker reservation portion i.e. offer of 49,02,400 equity shares of face value of Rs.10.00/- each at an offer price of
Rs. 86/- per equity share aggregating to Rs. 42.17 crores is hereinafter referred to as the "net offer". The offer and the net offer will constitute 26.66% and 25.32%, respectively of the post offer paid up equity share capital of the company.
P
Suntech Infra Solutions Ltd IPO Strategy
- Continue to enhance its project execution capabilities.
- Increasing the scope of work for each order and associating ourselves with larger projects.
- Undertaking projects in a variety of sectors.
- Remain focused on timely execution of projects and maintain the quality standards.
- Execute the projects with the available resources to give the maximum operating margins.
- Develop and maintain strong relationships with our clients.
- Infrastructure Projects.
About Suntech Infra Solutions Ltd
Suntech Infra Solutions Limited was originally incorporated as Suntech Infra Solutions Private Limited' a Private Limited Company at Delhi dated April 27, 2009. Thereafter, name of the Company was changed from Suntech Infra Solutions Private Limited' to Suntech Infra Solutions Limited'and a fresh Certificate of Incorporation to change of name was issued by the Registrar of Companies, Central Processing Centre on July 02, 2024.
The Company is an ISO 9001:2015 certified organization for Quality Management System, ISO 14001:2015 certified organization for Environmental Management System and ISO 45001:2018 certified organization for Health and Safety Management System. The Company is engaged in the business of Civil Construction Services such as Civil Foundation Works including - Piling and Foundation work, Civil Structural Works and Construction Equipment Rentals. It has served services to public as well as private sector clients and to companies involved in business of Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Petro Chemical Plants, Fertilizer Plants, Process Plants and Urban & Rural Infrastructure development such as Bridges, Metros, Irrigation Projects, etc.
Apart from this, the Company played a pivotal role in construction of the Bharat Mandapam, ITPO, Delhi; IOCL Refinery Expansion at Barauni & Barmer; Cement Plant of Ultratech at Kotputli, Rajasthan, Highrise Building foundation for UNTIY Group, Etc. The Company completed project of the tallest ATC Tower at Delhi, in 2012. Later on, it completed project of, the tallest residential tower ' Versace' in 2018. It got the project for Pachpadara Refinery in Rajasthan in 2021 and in 2024, it has acquired the piling and civil work of Shri Mahavir Sthan Nyas Samiti Viraat Ramayan Mandir at Kaithwaliya,East Champaran, Bihar.
The Company works as contractor as well as sub-contractor for various corporates in the states of Delhi, Bihar, Gujarat, Orissa, Rajasthan etc. It undertake the work of design, construction, and management of bridge projects, ensuring structural integrity, safety, and longevity. Company has machines that include cranes up to 150T capacity, with a good mix of Crawlers and All-Terrain Cranes, Rubber Tyre Gantry Cranes for Steel Handling, Hydraulic Piling Rigs ranging from 155kN to 285kN, Vibro Hammers, Impact Hammers, Shot Crete, Boomers, etc and Concrete Equipment like Batching Plants and Mobile Boom Placers of up to 42 meters.
The Company is planning an Initial Public Offering of 55,00,000 Equity Shares of Face Value of Rs 10 each comprising of 44,50,000 Equity Shares through Fresh Issue and 10,50,000 Equity Shares through Offer for Sale.
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T&C*
Strengths vs Risks of Suntech Infra Solutions Ltd
Know the pros & cons
Strengths
Experienced Promoters and Management Team.- Efficient operational team.
- Consistent financial performance.
Risks
- Its business is working capital intensive. If the company experience insufficient cash flows to meet required payments on its working capital requirements, there may be an adverse effect on the results of its operations.
- Its business is capital intensive in nature. If the company is unable to raise additional funds whenever required, or on terms acceptable to it, the company may be required to scale down or abandon its expansion & growth plans and/or reduce capital expenditures and the size of its operations, any of which could materially and adversely affect its business, financial position and results of operations.
- Its Registered Office and Yard from where the company operates is not owned by the company.
- The company requires certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, any failures to obtain, retain and renew such approvals and licences or comply with such rules and regulations may adversely affect its operations.
- Majority portion of its sales is generated from the company Civil foundation work.
- The Company and its Promoters are parties to certain legal proceedings. Any adverse decision in such proceedings may have a adverse effect on its business, results of operations and financial condition.
- It may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.
- The company has had negative cash flows from operating, investing and financing activities in the past in some of the recent years.
- The company has been unable to trace certain regulatory form filed with the Registrar of Companies, as well as share transfer forms in the Company's records.
- There have been Instances of discrepancies in regulatory filings with the Registrar of Companies and Delay in Fulfilling Corporate Social Responsibility (CSR) Obligations.
- The company has projects in diverse geographical regions which may expose it to various challenges.
- Its Order Book may not be representative of the company future results and its actual income may be less than the estimates reflected in its Order Book, which could affect the company results of operations.
- An inability to comply with repayment and other covenants in the financing agreements or otherwise meet its debt servicing obligations could affect its business, financial condition, cash flows and credit rating.
- Its inability to collect receivables and defaults in payment from the company customers could result in the reduction of its profits and affect the company cash flows.
- The company derives a significant portion of its revenues from the company top 10 clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospect.
- For supply of construction materials, the company relies on suppliers. Inadequate or interrupted supply or sub-standard quality of construction materials could affect its reputation, business and results of operations.
- The company does not have long-term firm commitment agreements with its customers. If its customers choose not to source their requirements from it, the company business and results of operations may be adversely affected.
- The Objects of the Issue for which funds are being raised, are based on its management estimates and any bank or financial institution or any independent agency has not appraised the same. The deployment of funds in the project is entirely at its discretion, based on the parameters as mentioned in the chapter titles "Objects of the Issue".
- Civil Construction projects are typically awarded to it on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. Its business and the company financial condition may be adversely affected if new Civil construction projects are not awarded to it or if contracts awarded to the company is prematurely terminated.
- Fluctuations in raw material prices may expose it to risk and adversely impact its business operations.
- Limited Regional Reach and Vulnerability to Weather Conditions
- The company own Construction equipment, machinery and computer and accessories, resulting in fixed costs to the Company. Moreover, the Company is subject to operational risks on account of obsolescence, breakdown of its equipment and vehicles or failures to repair or maintain such equipment and machineries. Further, if the company does not continually enhance its business with the most recent equipment and technology, its ability to maintain and expand the company markets may be adversely affected.
- The company is unable to trace Educational Qualification Documents for Mr. Parveen Kumar Gupta.
- The company is required to furnish financial and performance bank guarantees and letter of credits as part of its business. The company inability to arrange such guarantees and/or letters of credit may adversely affect its cash flows and financial condition.
- Its Promoters have provided guarantees for loans availed by the company, and in the event the same is enforced against them, it could adversely affect its Promoters' ability to manage the affairs of the Company.
- In addition to normal remuneration, other benefits and reimbursement of expenses some of its Directors (Promoters) and Key Management Personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company.
- Reliance has been placed on declarations and affidavits furnished by one of its Director for details of their profiles included in this Red Herring Prospectus.
- Its individual Promoters plays key role in the company functioning and the company heavily relies on their knowledge and experience in operating its business and therefore, it is critical for its business that the company Promoter and Executive Directors remain associated with it. The company success also depends upon the services of its key managerial personnel and its ability to attract and retain key managerial personnel and its inability to attract them may affect the company operations.
- None of the Directors of the Company have experience of being a director of a public listed company except Mr. Varun Chugh.
- Its Promoter Group Entity i.e. Advance Infrastructure Corporation is also engaged in the line of business similar to the Company. The company cannot assure that its Promoters will not favour the interests of such entities over its interest or that the said entities will not expand which may increase its competition and may adversely affect business operations and financial condition of the Company.
- Its projects requires deployment of labour and depends on availability of labour. In case of unavailability of such labour, its business operations could be affected.
- Fraud, theft, employee negligence or similar incidents may adversely affect its results of operations and financial condition.
- Any non-compliance or delays in GST Return Filings may expose it to penalties from the regulators.
- The company has in the past entered into related party transactions and may continue to do so in the future.
- Any non-compliance or delays in EPF and ESIC Return Filings may expose it to penalties from the regulators.
- The Company has taken short term unsecured loans that may be recalled by the lenders at any time.
- If the company is unable to manage attrition and attract and retain skilled professionals, it may adversely affect its business prospects, reputation and future financial performance.
- Its contingent liabilities as stated in its Restated Financial Statements could adversely affect its financial condition.
- The average cost of acquisition of Equity Shares by its Promoters could be lower than the issue price.
- Its insurance coverage may not be adequate to protect the company against all potential losses to which its may be subject and this may have a material effect on its business and financial condition.
- The company ability to pay any dividends will depends upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures.
- The deployment of funds raised through this Offer shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
- The company operates within a regulatory framework governed by stringent labour laws which could potentially impact its operations.
- The company operations are dependent on a significant number of contract labour and an inability to access adequate contract labour at reasonable costs at its project sites across India may adversely affect its business prospects and results of operations.
- Pursuant to Section 27 of the Companies Act 2013, any variation in the objects would requires a special resolution of the Shareholders and its Promoters or controlling Shareholders will be required to provide an exit opportunity to the Shareholders of the Company who does not agree to such proposal to vary the objects, in such manner as may be prescribed in future by the SEBI.
- The requirements of being a public listed company may strain its resources and impose additional requirements.
- Non-compliance with amendment in Safety, Health and Environmental laws and other applicable regulations, may adversely affect the Company's results of operations and its financial condition.
- The company has not commissioned an industry report for the disclosures made in the chapter titled "Industry Overview" and made disclosures on the basis of the data available from the online source.
- The operations of the company are subject to risks of mishaps or accidents that could cause damage or loss to life and property and could also result in loss or slowdown in its business.
- The company will continue to be controlled by its Promoter and Promoter Group after the completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of its shareholders.
- Its inability to effectively implement the company business and growth strategy may have an adverse effect on its operation and growth.
- Failures or disruption of in IT and/or ERP systems of the company may adversely affect its business, financial condition, results of operations and prospects.
- The operation and growth of the company is dependent upon successfully implementation our business strategies.
- There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the Emerge Platform of National Stock Exchange of India Limited in a timely manner, or at all.
- Any future issuance of Equity Shares may dilute your shareholdings, and sale of the Equity Shares by its major shareholders may adversely affect the trading price of the company Equity Shares.
- In the event there is any delay in the completion of the Offer, or delay in schedule of implementation, there would be a corresponding delay in the completion of the objects of this offer which would in turn affect its revenues and results of operations.
- There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in times.
- Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
- After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.
- The Issue price of its Equity Shares may not be indicative of the market price of its Equity Shares after the Issue and the market price of its Equity Shares may decline below the issue price and you may not be able to Sell your Equity Shares at or above the Issue Price.
- QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid and Retail Individual Investors are not permitted to withdraw their Bids after Bid/Offer Closing Date.
- Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
- The company will not receive any proceeds from the offer for sale. The Selling Shareholder will receive the entire proceeds from the offer for sale.
- You may be subject to Indian taxes arising out of capital gains on the sale of the Equity Shares.
Suntech Infra Solutions Ltd Peer Comparison
Understand the company’s industry standing
Suntech Infra Solutions Limited
Crown Lifters Limited
ITD Cementation India Limited
Face Value
10
10
1
Standalone / Consolidated
Consolidated
Consolidated
Consolidated
Total Income Rs. Cr.
---
---
---
EPS-Basis
6.21
5.28
15.93
EPS-Diluted
6.21
5.28
15.93
NAV Per Share
25.06
32.14
86.95
P/E-Basic EPS
---
38.27
48.33
P/E-Diluted EPS
---
---
---
RONW(%)
23.97
15.27
18.36
Latest NAV Period
---
---
---
Latest NAV
---
---
---
How to check the allotment status of Suntech Infra Solutions Ltd IPO?
Follow the steps
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
Select company from dropdown menu.
Enter details- PAN, Application number or DP client ID
Get your allotment status
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
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The IPO opens on 25 Jun 2025 & closes on 27 Jun 2025.
Suntech Infra Solutions Limited was originally incorporated as Suntech Infra Solutions Private Limited' a Private Limited Company at Delhi dated April 27, 2009. Thereafter, name of the Company was changed from Suntech Infra Solutions Private Limited' to Suntech Infra Solutions Limited'and a fresh Certificate of Incorporation to change of name was issued by the Registrar of Companies, Central Processing Centre on July 02, 2024.
The Company is an ISO 9001:2015 certified organization for Quality Management System, ISO 14001:2015 certified organization for Environmental Management System and ISO 45001:2018 certified organization for Health and Safety Management System. The Company is engaged in the business of Civil Construction Services such as Civil Foundation Works including - Piling and Foundation work, Civil Structural Works and Construction Equipment Rentals. It has served services to public as well as private sector clients and to companies involved in business of Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Petro Chemical Plants, Fertilizer Plants, Process Plants and Urban & Rural Infrastructure development such as Bridges, Metros, Irrigation Projects, etc.
Apart from this, the Company played a pivotal role in construction of the Bharat Mandapam, ITPO, Delhi; IOCL Refinery Expansion at Barauni & Barmer; Cement Plant of Ultratech at Kotputli, Rajasthan, Highrise Building foundation for UNTIY Group, Etc. The Company completed project of the tallest ATC Tower at Delhi, in 2012. Later on, it completed project of, the tallest residential tower ' Versace' in 2018. It got the project for Pachpadara Refinery in Rajasthan in 2021 and in 2024, it has acquired the piling and civil work of Shri Mahavir Sthan Nyas Samiti Viraat Ramayan Mandir at Kaithwaliya,East Champaran, Bihar.
The Company works as contractor as well as sub-contractor for various corporates in the states of Delhi, Bihar, Gujarat, Orissa, Rajasthan etc. It undertake the work of design, construction, and management of bridge projects, ensuring structural integrity, safety, and longevity. Company has machines that include cranes up to 150T capacity, with a good mix of Crawlers and All-Terrain Cranes, Rubber Tyre Gantry Cranes for Steel Handling, Hydraulic Piling Rigs ranging from 155kN to 285kN, Vibro Hammers, Impact Hammers, Shot Crete, Boomers, etc and Concrete Equipment like Batching Plants and Mobile Boom Placers of up to 42 meters.
The Company is planning an Initial Public Offering of 55,00,000 Equity Shares of Face Value of Rs 10 each comprising of 44,50,000 Equity Shares through Fresh Issue and 10,50,000 Equity Shares through Offer for Sale.
Suntech Infra Solutions Ltd IPO will close on 27 Jun 2025.
- Experienced Promoters and Management Team.
- Efficient operational team.
- Consistent financial performance.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Gaurav Gupta | 12064476 | 78.4 | 10877276 | 56.18 |
| 2 | Parveen Kumar Gupta | --- | --- | --- | --- |
| 3 | Shikha Gupta | 1408200 | 9.15 | 1408200 | 7.27 |
| 4 | Gaurav Gupta & Sons HUF | 1019124 | 6.62 | 1019124 | 5.26 |
- Its business is working capital intensive. If the company experience insufficient cash flows to meet required payments on its working capital requirements, there may be an adverse effect on the results of its operations.
- Its business is capital intensive in nature. If the company is unable to raise additional funds whenever required, or on terms acceptable to it, the company may be required to scale down or abandon its expansion & growth plans and/or reduce capital expenditures and the size of its operations, any of which could materially and adversely affect its business, financial position and results of operations.
- Its Registered Office and Yard from where the company operates is not owned by the company.
- The company requires certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, any failures to obtain, retain and renew such approvals and licences or comply with such rules and regulations may adversely affect its operations.
- Majority portion of its sales is generated from the company Civil foundation work.
- The Company and its Promoters are parties to certain legal proceedings. Any adverse decision in such proceedings may have a adverse effect on its business, results of operations and financial condition.
- It may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.
- The company has had negative cash flows from operating, investing and financing activities in the past in some of the recent years.
- The company has been unable to trace certain regulatory form filed with the Registrar of Companies, as well as share transfer forms in the Company's records.
- There have been Instances of discrepancies in regulatory filings with the Registrar of Companies and Delay in Fulfilling Corporate Social Responsibility (CSR) Obligations.
- The company has projects in diverse geographical regions which may expose it to various challenges.
- Its Order Book may not be representative of the company future results and its actual income may be less than the estimates reflected in its Order Book, which could affect the company results of operations.
- An inability to comply with repayment and other covenants in the financing agreements or otherwise meet its debt servicing obligations could affect its business, financial condition, cash flows and credit rating.
- Its inability to collect receivables and defaults in payment from the company customers could result in the reduction of its profits and affect the company cash flows.
- The company derives a significant portion of its revenues from the company top 10 clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospect.
- For supply of construction materials, the company relies on suppliers. Inadequate or interrupted supply or sub-standard quality of construction materials could affect its reputation, business and results of operations.
- The company does not have long-term firm commitment agreements with its customers. If its customers choose not to source their requirements from it, the company business and results of operations may be adversely affected.
- The Objects of the Issue for which funds are being raised, are based on its management estimates and any bank or financial institution or any independent agency has not appraised the same. The deployment of funds in the project is entirely at its discretion, based on the parameters as mentioned in the chapter titles "Objects of the Issue".
- Civil Construction projects are typically awarded to it on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. Its business and the company financial condition may be adversely affected if new Civil construction projects are not awarded to it or if contracts awarded to the company is prematurely terminated.
- Fluctuations in raw material prices may expose it to risk and adversely impact its business operations.
- Limited Regional Reach and Vulnerability to Weather Conditions
- The company own Construction equipment, machinery and computer and accessories, resulting in fixed costs to the Company. Moreover, the Company is subject to operational risks on account of obsolescence, breakdown of its equipment and vehicles or failures to repair or maintain such equipment and machineries. Further, if the company does not continually enhance its business with the most recent equipment and technology, its ability to maintain and expand the company markets may be adversely affected.
- The company is unable to trace Educational Qualification Documents for Mr. Parveen Kumar Gupta.
- The company is required to furnish financial and performance bank guarantees and letter of credits as part of its business. The company inability to arrange such guarantees and/or letters of credit may adversely affect its cash flows and financial condition.
- Its Promoters have provided guarantees for loans availed by the company, and in the event the same is enforced against them, it could adversely affect its Promoters' ability to manage the affairs of the Company.
- In addition to normal remuneration, other benefits and reimbursement of expenses some of its Directors (Promoters) and Key Management Personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company.
- Reliance has been placed on declarations and affidavits furnished by one of its Director for details of their profiles included in this Red Herring Prospectus.
- Its individual Promoters plays key role in the company functioning and the company heavily relies on their knowledge and experience in operating its business and therefore, it is critical for its business that the company Promoter and Executive Directors remain associated with it. The company success also depends upon the services of its key managerial personnel and its ability to attract and retain key managerial personnel and its inability to attract them may affect the company operations.
- None of the Directors of the Company have experience of being a director of a public listed company except Mr. Varun Chugh.
- Its Promoter Group Entity i.e. Advance Infrastructure Corporation is also engaged in the line of business similar to the Company. The company cannot assure that its Promoters will not favour the interests of such entities over its interest or that the said entities will not expand which may increase its competition and may adversely affect business operations and financial condition of the Company.
- Its projects requires deployment of labour and depends on availability of labour. In case of unavailability of such labour, its business operations could be affected.
- Fraud, theft, employee negligence or similar incidents may adversely affect its results of operations and financial condition.
- Any non-compliance or delays in GST Return Filings may expose it to penalties from the regulators.
- The company has in the past entered into related party transactions and may continue to do so in the future.
- Any non-compliance or delays in EPF and ESIC Return Filings may expose it to penalties from the regulators.
- The Company has taken short term unsecured loans that may be recalled by the lenders at any time.
- If the company is unable to manage attrition and attract and retain skilled professionals, it may adversely affect its business prospects, reputation and future financial performance.
- Its contingent liabilities as stated in its Restated Financial Statements could adversely affect its financial condition.
- The average cost of acquisition of Equity Shares by its Promoters could be lower than the issue price.
- Its insurance coverage may not be adequate to protect the company against all potential losses to which its may be subject and this may have a material effect on its business and financial condition.
- The company ability to pay any dividends will depends upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures.
- The deployment of funds raised through this Offer shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
- The company operates within a regulatory framework governed by stringent labour laws which could potentially impact its operations.
- The company operations are dependent on a significant number of contract labour and an inability to access adequate contract labour at reasonable costs at its project sites across India may adversely affect its business prospects and results of operations.
- Pursuant to Section 27 of the Companies Act 2013, any variation in the objects would requires a special resolution of the Shareholders and its Promoters or controlling Shareholders will be required to provide an exit opportunity to the Shareholders of the Company who does not agree to such proposal to vary the objects, in such manner as may be prescribed in future by the SEBI.
- The requirements of being a public listed company may strain its resources and impose additional requirements.
- Non-compliance with amendment in Safety, Health and Environmental laws and other applicable regulations, may adversely affect the Company's results of operations and its financial condition.
- The company has not commissioned an industry report for the disclosures made in the chapter titled "Industry Overview" and made disclosures on the basis of the data available from the online source.
- The operations of the company are subject to risks of mishaps or accidents that could cause damage or loss to life and property and could also result in loss or slowdown in its business.
- The company will continue to be controlled by its Promoter and Promoter Group after the completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of its shareholders.
- Its inability to effectively implement the company business and growth strategy may have an adverse effect on its operation and growth.
- Failures or disruption of in IT and/or ERP systems of the company may adversely affect its business, financial condition, results of operations and prospects.
- The operation and growth of the company is dependent upon successfully implementation our business strategies.
- There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the Emerge Platform of National Stock Exchange of India Limited in a timely manner, or at all.
- Any future issuance of Equity Shares may dilute your shareholdings, and sale of the Equity Shares by its major shareholders may adversely affect the trading price of the company Equity Shares.
- In the event there is any delay in the completion of the Offer, or delay in schedule of implementation, there would be a corresponding delay in the completion of the objects of this offer which would in turn affect its revenues and results of operations.
- There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in times.
- Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
- After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.
- The Issue price of its Equity Shares may not be indicative of the market price of its Equity Shares after the Issue and the market price of its Equity Shares may decline below the issue price and you may not be able to Sell your Equity Shares at or above the Issue Price.
- QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid and Retail Individual Investors are not permitted to withdraw their Bids after Bid/Offer Closing Date.
- Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
- The company will not receive any proceeds from the offer for sale. The Selling Shareholder will receive the entire proceeds from the offer for sale.
- You may be subject to Indian taxes arising out of capital gains on the sale of the Equity Shares.
The Issue type of Suntech Infra Solutions Ltd is Book Building - SME.
The minimum application for shares of Suntech Infra Solutions Ltd is 1600.
The total shares issue of Suntech Infra Solutions Ltd is 5161600.
Initial public offering upto 51,61,000 equity shares of Rs.10/- each ("equity shares") of Suntech Infra Solutions Limited ("suntech" or the "company") for cash at a price of Rs. 86/- per equity share (the "offer price"), aggregating to Rs. 44.39 crores ("the offer"), comprising a fresh offer of up to 39,74,400 equity shares aggregating to Rs. 34.18 crores by the company ("fresh offer") and an offer for sale of up to 11,87,200 equity shares by gaurav gupta ("the promoter selling shareholder") aggregating to Rs. 10.21 crores ("offer for sale"). out of the offer, 2,59,200 equity shares aggregating to Rs. 2.22 crores will be reserved for subscription by market
maker ("market maker reservation portion"). The offer less the market maker reservation portion i.e. offer of 49,02,400 equity shares of face value of Rs.10.00/- each at an offer price of
Rs. 86/- per equity share aggregating to Rs. 42.17 crores is hereinafter referred to as the "net offer". The offer and the net offer will constitute 26.66% and 25.32%, respectively of the post offer paid up equity share capital of the company.
P
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