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.
SUGS Lloyd IPO
ISO-Certified Engineering & Construction Company
LIVE IPO₹123,000 (Retail)
| Event | Date |
|---|---|
| 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 (50% Anchor) | 03 Oct 2025 |
| Lock-in End Date (Remaining Anchor) | 02 Dec 2026 |
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.
Issue Size Breakdown
Fund Utilization
- Maintains ISO certification and follows stringent quality standards throughout all operational processes
- Strong client relationships that generate repeat business opportunities and long-term customer retention
- Operates a scalable business model that optimizes resource utilization for expansion into new sectors and markets
- High dependence on few customers creates vulnerability where losing major customers or contract reductions could significantly affect business operations
- Unsecured loans from associate companies are repayable on demand and may adversely affect liquidity and financial flexibility
- Faces performance risks from third-party contractors and operational risks arising from contractor engagement and dependency
Application statistics recorded at 5:00 PM on September 01, 2025:
| Category | Reserved (Lakhs) | Applied (Lakhs) | Subscription |
|---|---|---|---|
| Institutional | 2.85 | 2.85 | 1.00x |
| NII | 21.85 | 50.78 | 2.32x |
| Retail | 37.38 | 17.74 | 0.47x |
| Total | 62.18 | 71.37 | 1.15x |
Interesting to see SUGS Lloyd diversify across renewable energy, electrical transmission, and civil EPC—those government DISCOM contracts could provide steady revenues, though dependence on bidding cycles may also create lumpiness. The price band seems reasonable for the sector, but I’ll be curious to see how the company balances its manpower-intensive model with scalability in future projects.
SUGS Lloyd seems like an interesting company with its focus on renewable energy and the power sector. Given the growing demand for sustainable infrastructure, their expertise in solar EPC solutions and power substation construction could play a key role in India’s energy transition.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.