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IPO Note | Closed

Sathlokhar Synergys E&C Global Ltd

01-Jan-1900

Minimum Investment

1,40,000

Retail Investor can invest upto Rs 0 in IPO
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Retail Discount

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Open Date

30-Jul-24
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Close Date

01-Aug-24
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Application Timing

IPO Details

  • Min Order Quantity
    1000
  • Price Range
    140-0
  • Issue Size
    92.93
  • Face Value
    10
  • Listing at
    NSE - SME
  • IPO Doc
    DRHP PDFpdf - img

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Lead Manager

GYR Capital Advisors Pvt Ltd

About Company

Infollion Research Services Limited is a tech-oriented marketplace. They are operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals. In this highly dynamic and ever-evolving world, Infollion is providing a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes The client base of Infollion Research includes top-tier Global Management Consulting firms, Hedge funds, Private Equity funds, and mid-tier Corporates.

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    Parent Organization
  • founded-img
    Founded
  • managing-img
    Managing Director
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    Website
    www.sathlokhar.com
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    Registered Office
    Plot No.5171 9th St Ram Nagar-,North Extn Madipakkam,
    Kanchipuram,600091,Tamil Nadu

IPO Schedule

Offer Start

30-Jul-24

Offer End

01-Aug-24

Allotment Finalization

NA

Refund initiation

NA

Demat transfer

NA

Listing

NA

Key Objective

Initial public offer of up to 66,38,000 equity shares of face value Rs. 10 each (the "Equity Shares") of Sathlokhar Synergys E&C Global Limited ("The Company" or the "Issuer") for cash at an issue price of Rs. 140 per equity share (including a securities premium of Rs. 130 per equity share) ("Issue Price"), aggregating up to Rs. 92.93 crores (the "Issue") of which 6,00,000 equity shares aggregating to Rs. 8.40 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 60,38,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 140 per equity share aggregating upto Rs. 84.53 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.50% and 25.01% respectively of the post-issue paid-up equity share capital of the company. The issue price is 14 times of the face value.

Financial Snapshot (Standalone)

Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
Mar 2024 246.97 26.21 131.08
Mar 2023 87.11 5.46 27.28
Mar 2022 58.49 0.88 4.39
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Step 1

Go to IPO Online page

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Step 2

Login using your “client code” or PAN and mobile number by verifying OTP.

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Step 3

Click on “Apply IPO” to enter your bid quantity and UPI id.

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Step 4

Go to your UPI application and approve the payment request.

Viola! You have successfully applied to the IPO.

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