Tuesday, November 11, 2025

Sugs Lloyd Limited sets price band at ₹117-₹123

Sugs Lloyd Limited, a Delhi-headquartered integrated EPC player focused on electrical transmission and distribution, solar and civil projects, announced that its initial public offering (IPO) will open for subscription on Friday, August 29, 2025. The anchor portion will be opened on Thursday, August 28, 2025, and the issue will conclude on Tuesday, September 02, 2025. The company intends to raise ₹85.65crore from the offering and aims to be listed on theBSE SME platform. The price band for the issue has been fixed at ₹117-₹123per share, and the lot size will be 1,000 equity shares.

3Dimension Capital Services Limited is the Book Running Lead Manager, and Kfin Technologies Limited is the Registrar to the offer.

The IPO will comprise a fresh issue of69,64,000 Equity Shares with a face value of ₹10/-
through the book-building route. As many as 3,50,000 equity shares have been reserved for market maker, 6,91,000 equity shares allocated for QIB portion,21,85,000 equity shares for the NII category, and the Individual Investor portion accounts for 37,38,000 equity shares.

According to the RHP, Sugs Lloyd intends to utilise ₹64 crore of the total IPO proceeds towards working capital requirements to support its business expansion and the remaining
capital will be used for general corporate purposes and IPO issue expenses.

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