Sureflo Techcon IPO Details

SME

Sureflo Techcon IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Sureflo Techcon IPO total issue size comprises 35,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 35,00,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 85,00,003, which will increase to 94,37,503 post-issue.

The Lead Managers for Sureflo Techcon IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Gretex Corporate Services Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Sureflo Techcon Limited DRHP.

Sureflo Techcon IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
8500003
Share holding post issue
9437503
Total Issue Size
35,00,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
35,00,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
-
DRHP Status
Filed with Exchange

Sureflo Techcon IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Sureflo Techcon IPO Reservation

Promoter Holding

Pre Issue:99.99%
Post Issue:-
Promoter Names:
Sudhir Shivanarayan Gupta, Sohail Sudhir Gupta, Rekha Sudhir Gupta

Documents

Sureflo Techcon IPO Valuations

ROE:34.01%
ROCE:27.06%
DEBT/EQUITY:0.94
RONW:34.01%
PAT MARGIN:19.44%

Sureflo Techcon Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets77.6778.2943.68
Total Income43.7337.4930.74
Profit After Tax7.123.460.99
EBITDA8.025.372.89
NET Worth24.1017.7711.54
Reserves and Surplus20.7014.378.14
Total Borrowing22.5729.2918.84
Amount in ₹ Crore

About Sureflo Techcon IPO

Incorporated on April 16, 2013, Sureflo Techcon Limited is engaged in the business of providing customised engineering solutions, products, and services that cater to diverse industrial applications across multiple stages of the wastewater and effluent treatment value chain.

The company offer four key wastewater treatment verticals: filtration, separation, aeration, and robotic cleaning. These include customised systems to remove solids, separate liquids, add oxygen, and clean tanks safely with robotic technology.

The company's in-house teams manage design, fabrication, assembly, and quality control while basic casted and moulded components are sourced from external ventors.

Products:

  • Automatic Valveless Gravity Filters (AVGF)
  • Pressure Sand Filters (PSF)
  • Customized Filtration Solutions

Competitive Strengths:

  • Robotic Cleaning Systems Manufacturing & Deployment
  • Focused Delivery of Specialised Systems Without Full Exposure to Turnkey Risk
  • Integrated Multi-System Offerings Enhancing Project Efficiency and Reliability
  • Recurring Role in Turnkey Projects Supported by Scalable, Quality-Controlled Production 

Strength Of Sureflo Techcon IPO

To be announced

Risk Of Sureflo Techcon IPO

To be announced

Objectives Sureflo Techcon IPO

1. Capital Expenditure towards expansion within existing facility

2. Repayment/prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company

3. General corporate purposes

Company Contact Details

Sureflo Techcon Ltd.
A-101,
New India Chambers, Cross Road ‘A’ Off MIDC,
Behind Onida House, Andheri - East,
Mumbai, Maharashtra, 400093
Phone: +91 22 4120 0915
Email: contact@sureflo.in
Website: http://www.sureflo.in/

Registrar Contact Details

Name: Maashitla Securities Private Limited
Phone: +91-11-45121795, +91-11-45121796

Market Maker

To be announced

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