Sugs Lloyd IPO
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Schedule of Sugs Lloyd
| Issue open date | 29 Aug 2025 |
| Issue close date | 02 Sep 2025 |
| UPI mandate deadline | 02 Sep 2025 (5 PM) |
| Allotment finalization | 03 Sep 2025 |
| Refund initiation | 04 Sep 2025 |
| Share credit | 04 Sep 2025 |
| Listing date | 05 Sep 2025 |
| Mandate end date | 17 Sep 2025 |
| Lock-in end date for anchor investors (50%) | 03 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 02 Dec 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Sugs Lloyd
SUGS Lloyd, incorporated in 2009, is an ISO-certified engineering and construction company operating in renewable energy, electrical transmission and distribution, and civil EPC projects. The company provides solar EPC solutions, electrical infrastructure development, power substation construction, and manpower staffing services primarily to government power DISCOMs and private renewable energy developers. With 206 employees and over a decade of industry experience, SUGS Lloyd executes projects through open bidding processes for government utilities and direct engagement with private entities. The company maintains ISO certifications for quality, environmental, information security, and occupational health management systems, positioning it as a certified service provider in India’s power infrastructure sector.
Financials of Sugs Lloyd
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹85.66 crores |
| Fresh Issue | ₹85.66 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Working capital requirement | 80.65 (94%) |
| General corporate purposes and miscellaneous | 5.01 (6%) |
Strengths
- Maintains ISO certification and follows stringent quality standards throughout operations.
- Client relationships that generate repeat business and retention.
- Operates a scalable business model optimising resources for expansion into new sectors.
Risks
- Depends on few customers and losing major customers or contract reductions could affect business operations
- Unsecured loans from associate companies are repayable on demand and may affect liquidity
- Faces performance risks from third-party contractors and operational risks from contractor engagement
Allotment Status for Sugs Lloyd
To check your allotment status – click here.
Subscription Figures for Sugs Lloyd
As per media reports (Link), the Grey Market Premium (GMP) of Sugs Lloyd is reported at ₹10 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on September 02, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 2.85 | 5.78 | 2.03x |
| NII | 21.85 | 115.72 | 5.30x |
| Retail | 37.38 | 79.10 | 2.12x |
| Total | 62.18 | 200.60 | 3.23x |