Suntech Infra Solutions Ltd - IPO

Suntech Infra Solutions Ltd IPO Details

Initial public offering upto 55,00,000 equity shares of Rs.10/- each (equity shares) of Suntech Infra Solutions Limited (suntech or the company) for cash at a price of Rs.[*]/- per equity share (the offer price), aggregating to Rs.[*] crores (the offer), comprising a fresh offer of up to 44,50,000 equity shares aggregating to Rs.[*] crores by the company (fresh offer) and an offer for sale of up to 10,50,000 equity shares by gaurav gupta (the promoter selling shareholder) aggregating to Rs.[*] crores (offer for sale). out of the offer, [*] equity shares aggregating to Rs.[*] crores will be reserved for subscription by marketmaker (market maker reservation portion). The offer less the market maker reservation portion i.e. offer of [*] equity shares of face value of Rs.10.00/- each at an offer price of Rs.[*]/- per equity share aggregating to Rs.[*] crores is hereinafter referred to as the net offer. The offer and the net offer will constitute [*]% and [*]%, respectively of the post offer paid up equity share capital of the company. The price band will be decided by the company and the selling shareholders in consultation with the brlm.

Objective of issue

Funding working capital requirements of the company. Funding of capital exp requirements of the company owards purchase of construction of civil construction business. General corporate purposes.

Suntech Infra Solutions Ltd Contact Details

Suntech Infra Solutions Ltd, T-34 2nd Floor, Okhla Industria Area, Phase-II, New Delhi-110020

Phone - 91-011-26387281/82/83

Fax - 91-011-26387384

Email - compliance@suntechinfra.com

Website - https:, suntechinfra.com