SUGS LLOYD IPO
Quick Overview for Investors
| IPO Period | 29th Aug 2025 – 02nd Sep 2025 |
|---|---|
| Listing on | 05 Sep 2025 |
| Price Band | ₹117 – ₹123 per equity share |
| Lot Size & Minimum Investment | 1000 shares (₹123,000) |
| Total Issue Size | ₹85.66 crores |
Important Dates for SUGS LLOYD IPO
- Opening Date: 29 Aug 2025
- Closing Date: 02 Sep 2025
- UPI Payment Deadline: 02 Sep 2025 (5 PM)
- Allotment Announcement: 03 Sep 2025
- Refund Processing: 04 Sep 2025
- Demat Credit: 04 Sep 2025
- Stock Market Listing: 05 Sep 2025
- Mandate Validity End: 17 Sep 2025
- Anchor Investor Lock-in Release (50%): 03 Oct 2025
- Anchor Investor Lock-in Release (Remaining): 02 Dec 2026
*Dates may be revised as per official updates.
About SUGS LLOYD: A Deep Dive into the Company
Founded in 2009, SUGS LLOYD has established itself as an ISO-certified engineering and construction company with a significant footprint across critical infrastructure sectors. The company primarily operates in three core areas: renewable energy, electrical transmission and distribution (T&D), and civil Engineering, Procurement, and Construction (EPC) projects. This diversified engagement allows SUGS LLOYD to cater to a broad spectrum of infrastructure needs, positioning it as a versatile player in the Indian market.
SUGS LLOYD specializes in delivering comprehensive solutions, including solar EPC projects from conception to completion, extensive electrical infrastructure development, construction of crucial power substations, and providing specialized manpower staffing services. Their client base primarily comprises government power Distribution Companies (DISCOMs) and various private renewable energy developers. With a dedicated team of 206 employees and over a decade of operational experience, the company consistently executes projects through competitive open bidding processes for government utilities while engaging directly with private entities.
The company’s commitment to quality and operational excellence is underscored by its multiple ISO certifications, which cover quality management, environmental management, information security, and occupational health and safety management systems. These certifications not only demonstrate SUGS LLOYD’s adherence to global best practices but also reinforce its position as a reliable and certified service provider within India’s rapidly evolving power infrastructure sector, contributing significantly to the nation’s energy goals and infrastructural growth.
Financial Overview and IPO Fundraising Strategy
The SUGS LLOYD IPO aims to raise a total of ₹85.66 crores through its initial public offering. This entire amount constitutes a fresh issue component, indicating that the company will directly receive all the proceeds from the IPO. There is no Offer for Sale (OFS) component in this issue, meaning no existing shareholders are selling their shares. The fresh issuance of shares is a strategic move to infuse capital directly into the company, providing a strong financial foundation for its future growth initiatives and operational enhancements. While specific historical revenue growth and profitability metrics are not detailed, the focus on a fresh issue implies a forward-looking approach to strengthen the balance sheet and support expansion.
| Total Funds Raised | ₹85.66 crores |
|---|---|
| Fresh Issue Component | ₹85.66 crores |
| Offer for Sale Component | Nil |
Purpose of Capital Utilisation from the IPO
SUGS LLOYD has outlined a clear strategy for the deployment of the capital raised through this IPO, focusing primarily on bolstering its working capital and addressing general corporate requirements. The allocated funds are intended to support the company’s operational demands and strategic growth initiatives, ensuring sustained business momentum and efficient project execution. This strategic allocation reflects the company’s commitment to strengthening its financial health and enhancing its operational capabilities.
| Objective | Amount (INR Crores) | Allocation % |
|---|---|---|
| Working capital requirement | 80.65 | 94% |
| General corporate purposes and miscellaneous | 5.01 | 6% |
The substantial allocation to working capital will facilitate smoother day-to-day operations, including funding new projects, managing inventory, and covering short-term liabilities. This ensures that SUGS LLOYD has the necessary liquidity to undertake new contracts and maintain its project pipeline effectively. The remaining portion for general corporate purposes provides the company with flexibility to address various strategic needs, such as capital expenditure, business development, and other unforeseen corporate requirements, thereby supporting overall organizational stability and long-term growth.
Competitive Strengths Driving SUGS LLOYD’s Position
- Adherence to Stringent Quality Standards: SUGS LLOYD maintains multiple ISO certifications, including those for quality, environmental, information security, and occupational health management systems. This commitment ensures high operational standards and project delivery, fostering client trust and a reputation for reliability in complex engineering projects.
- Robust Client Relationships and Repeat Business: The company has successfully cultivated strong, long-term relationships with key clients, including government DISCOMs and private developers. These enduring partnerships frequently lead to repeat business and high client retention rates, providing a stable revenue stream and validating the company’s service quality and project execution capabilities.
- Scalable Business Model with Resource Optimization: SUGS LLOYD operates with a highly adaptable and scalable business model. This allows the company to efficiently optimize its resources and expand into new sectors or geographical areas without significant structural overhauls. This inherent flexibility is crucial for capitalizing on emerging opportunities in the dynamic infrastructure and energy sectors.
- Dual Client Engagement Strategy: The company’s strategy of participating in open bidding for government utilities while directly engaging with private entities provides a diversified revenue base. This dual approach mitigates risks associated with over-reliance on a single client segment and allows for broader market penetration across India’s power infrastructure landscape.
- Experienced Management and Operational Expertise: With over a decade of industry experience and a dedicated team, SUGS LLOYD possesses deep operational expertise in complex EPC projects. This experience enables efficient project planning, execution, and troubleshooting, contributing to timely project completion and adherence to specifications.
Potential Investment Considerations and Risk Factors
- Concentration Risk from Key Customers: SUGS LLOYD’s business operations are significantly dependent on a limited number of key customers. Any loss of major contracts, a reduction in the scope of existing contracts, or adverse changes in client relationships could materially impact the company’s revenue, profitability, and overall financial performance.
- Liquidity Risks from Unsecured Loans: The company has unsecured loans from associate companies that are repayable on demand. Should these loans be called back unexpectedly, it could place significant pressure on SUGS LLOYD’s liquidity, potentially affecting its ability to fund ongoing projects or meet other financial obligations.
- Reliance on Third-Party Contractors: SUGS LLOYD engages third-party contractors for various project components. This introduces performance risks, as the quality, timely completion, and cost-effectiveness of projects can be influenced by the capabilities and operational efficiency of these external parties, potentially leading to delays or cost overruns.
- Operational Risks Associated with Contractor Engagement: Managing a network of third-party contractors involves inherent operational risks, including issues related to coordination, quality control, compliance with safety standards, and potential disputes. Inefficient contractor management could adversely affect project delivery and the company’s reputation.
- Intense Competition in the EPC Sector: The engineering and construction sector, particularly in renewable energy and power transmission, is highly competitive. SUGS LLOYD faces competition from both large, established players and smaller regional firms, which could impact its ability to secure new contracts, maintain pricing power, and achieve desired growth rates.
Latest Subscription Status and Market Insights
The subscription figures provide a snapshot of investor interest in the SUGS LLOYD IPO across different categories. These numbers reflect the demand for the company’s shares as the IPO progressed towards its closing date. While grey market premium (GMP) figures are often discussed unofficially, they are not reliable indicators of actual listing performance. Investors are encouraged to rely on official exchange data for accurate subscription information, which offers a more credible measure of market interest.
Subscription statistics based on the latest available information as of 5:00 PM on September 02, 2025:
| Investor Category | Shares Reserved (Lakhs) | Shares Applied (Lakhs) | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 2.85 | 5.78 | 2.03 |
| Non-Institutional Investors (NII) | 21.85 | 115.72 | 5.30 |
| Retail Individual Investors (RII) | 37.38 | 79.10 | 2.12 |
| Total | 62.18 | 200.60 | 3.23 |
*GMP figures are unofficial and may vary; exchange data is more reliable.
Participate in the IPO
Investors interested in this opportunity can participate in the SUGS LLOYD IPO through the official Dhan Kirti IPO platform. Ensure your application is submitted before the subscription window officially closes to be considered for allotment.
