Sugs Lloyd Limited IPO Opens Today; To Raise ₹85.66 Crore through Issue of 69.64 Lakh Shares

New Delhi, August 29, 2025: Sugs Lloyd Limited (BSE SME: SUGS), earlier known as Sugs Lloyd Pvt Ltd, has opened its initial public offering (IPO) of 69.64 lakh equity shares today. The book-building issue shall close on September 2, 2025. The listing is proposed to take place on the BSE SME platform.

IPO Structure and Fund Utilisation: Fresh Issue of 69.64 Lakh Shares Worth ₹85.66 Crore

Sugs Lloyd Limited IPO, which will be listed soon, will include a new issue of 69.64 lakh equity shares without any offer for sale component. Of this, the market maker has reserved 3.5 lakh shares, and the net public issue is 66.14 lakh shares.

In the allotment, the segment of Qualified Institutional Buyers (QIBs) will receive up to 6.91 lakh shares, out of which 4.06 lakh shares are being reserved for anchor investors. The Non-Institutional Investor (NII/HNI) segment has reserved at least 21.85 lakh shares, while the retail investor segment is placed at not less than 37.38 lakh shares.

The IPO will be issued at a face value of ₹10 per share. The company will use around ₹64 crore towards working capital needs, while the rest will be used for general corporate purposes.

Sugs Lloyd Limited plans to utilise about ₹64 crore from the IPO proceeds for meeting its working capital requirements. The remaining funds will be directed towards general corporate purposes, enabling the company to support operational efficiency, strengthen its financial flexibility, and maintain momentum in expanding its EPC and energy businesses.

₹4.99 Crore Raised from NAV Capital and Raghunandan Capital Ahead of IPO

Before its IPO opening, the company issued 4.06 lakh equity shares to anchor investors at ₹123 per share on August 28, 2025, which collected ₹4.99 crore. Two investors invested in the anchor book. NAV Capital VCC – NAV Capital Emerging Star Fund acquired 2.44 lakh shares, which is 60.1% of the anchor allotment, at an investment of around ₹3 crore. The balance 1.62 lakh shares, which is 39.9%, were allocated to Raghunandan Capital Securities Pvt Ltd, which comes to an investment of around ₹1.99 crore. This pre-IPO anchor placement reflects investor confidence preceding the launch of the issue.

Sugs Lloyd Limited (BSE SME: SUGS): Delhi-Based Renewable and EPC Solutions Firm with Strong FY25 Growth

Sugs Lloyd Limited was incorporated in 2009 and is engaged in renewable energy (solar), electrical EPC, and civil EPC business. It also offers manpower and outage management services to state electricity distribution companies (DISCOMs). Promoted by Mrs. Priti Shah and Mr. Santosh Kumar Shah, the company achieved robust revenue growth during FY25 driven by solar and electrical EPC orders.

Sugs Lloyd Financial Growth FY23–FY25: Revenue Jumps 392%, PAT Up 7x, EPS at ₹10.32

Sugs Lloyd Limited posted strong financial growth over the past three years. Revenue surged from ₹3,578.63 lakh in FY23 to ₹17,619.86 lakh in FY25, while profit after tax rose sevenfold from ₹229.49 lakh to ₹1,677.76 lakh. Earnings per share climbed from ₹3.10 to ₹10.32 in the same period. Net worth nearly tripled to ₹3,864.25 lakh, though borrowings also expanded sharply to ₹7,482.53 lakh, reflecting higher funding needs for expansion.

REF:https://www.sugslloyds.com/assets/RHP.pdf

https://www.bseindia.com/corporates/download/352046/Addendum_DRHP_20250512122609.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations