Sureflo Techcon IPO Details

SME NSE

Sureflo Techcon IPO Summary

Sureflo Techcon Logo | Sureflo Techcon IPO Details, Date, Price, GMP, Live Subscription

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.

Sureflo Techcon IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

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 Ltd. 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 Shares
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Pre-issue Shareholding
85,00,003 shares
Post-issue Shareholding
94,37,503 shares
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

Sureflo Techcon IPO Valuations

ROE34.01%
ROCE27.06%
DEBT/EQUITY0.94
RONW34.01%
PAT MARGIN19.44%

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 Pvt Ltd
Phone:
+91-11-45121795, +91-11-45121796

Sureflo Techcon FAQs

The Sureflo Techcon IPO is a SME public issue comprising 3500000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Sureflo Techcon IPO opens on TBA.

Sureflo Techcon IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Sureflo Techcon IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Sureflo Techcon IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Sureflo Techcon IPO allotment status for updates.

The listing date for the Sureflo Techcon IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Sureflo Techcon IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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