Sugs Lloyd IPO Subscription Status

Sugs Lloyd IPO was subscribed 0.93 times on the first day of bidding, till 5:00 PM on August 29, 2025.

• QIB Investors: 0.00x
• NII (Non-Institutional Investors): 2.10x
• RII (Retail Individual Investors): 0.32x

The company received bids for 57,91,000 shares against the total issue size of 62,18,000 shares on the first day. Overall, the IPO saw a subscription of 0.39x on Day 1.

About Sugs Lloyd

Established in 2009, Sugs Lloyd is a leading player in renewable energy, engineering, and construction projects, with a strong focus on solar power along with electrical and civil works.

The company offers a diverse range of services, including:

• Power transmission development and distribution infrastructure
• Construction and renovation of power substations
• Upgradation of old power systems

Sugs Lloyd is recognized for its commitment to delivering innovative and sustainable engineering solutions. It has built a strong reputation in the market, especially in the field of infrastructure development and renewable energy.

Key service areas include:

• Solar EPC: Ground-mounted and rooftop solar projects
• Electrical EPC: Installation of smart meters and maintenance of 33/11 kV power line networks

Financial Performance

• Revenue: ₹177.87 crores in FY2025 vs. ₹68.75 crores in FY2024
• Profit: ₹16.78 crores in FY2025 vs. ₹10.44 crores in FY2024

Sugs Lloyd IPO GMP (Grey Market Premium)

As of Friday, August 29, 2025, the IPO GMP stood at ₹10. This suggests that the shares are trading at ₹133 in the grey market, reflecting a ₹10 premium over the issue price of ₹123.