Sugs Lloyd IPO Subscription Status
The Sugs Lloyd IPO closed with strong demand, being subscribed 3.23 times on the final day (September 2, 2025, till 5:00 PM).
- Qualified Institutional Buyers (QIBs): 2.03x
- Non-Institutional Investors (NIIs): 5.30x
- Retail Individual Investors (RIIs): 2.12x
In total, the IPO received bids for 2,00,60,000 shares against 62,18,000 shares on offer.
Day-wise subscription:
- Day 1: 0.39x
- Day 2: 1.15x
- Day 3 (Final Day): 3.23x
About Sugs Lloyd Limited
Founded in 2009, Sugs Lloyd Limited is a recognized player in renewable energy, engineering, and construction projects, with a strong focus on the solar power sector.
Key Highlights:
- Provides services across power transmission and distribution infrastructure, construction and renovation of substations, and upgradation of legacy power systems.
- Offers Solar EPC solutions, including ground-mounted solar plants and rooftop solar projects.
- Works in Electrical EPC projects, such as smart meter installation and maintenance of 33/11 kV power line networks.
- Has established itself as a trusted company committed to delivering sustainable and innovative engineering solutions that support India’s renewable energy growth.
Financial Performance
- Revenue: ₹177.87 crore in FY 2025 vs. ₹68.75 crore in FY 2024 (~159% growth)
- Profit After Tax (PAT): ₹16.78 crore in FY 2025 vs. ₹10.44 crore in FY 2024 (~60.6% growth)
This consistent growth demonstrates the company’s expanding project pipeline and rising contribution from the renewable energy sector.
Sugs Lloyd IPO GMP
As of Tuesday, September 2, 2025, the Grey Market Premium (GMP) stood at ₹0, which means the IPO was trading at ₹123 in the grey market, equal to the issue price of ₹123.
