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Sathlokhar Synergys E&C Global IPO Soars: 85.7% Premium Entry, Lists at ₹260! 

Sathlokhar Synergys E&C Global IPO shares debuted at ₹260 on the SME exchange, an 85.7% premium over the ₹140 issue price. The ₹92.93 crore IPO was open from July 30 to August 1.
Sathlokhar Synergys E&C Global IPO Soars: 85.7% Premium Entry, Lists at ₹260! 

Sathlokhar Synergys E&C Global shares debuted impressively on the SME exchange at ₹260 per share, an 85.7% premium over the ₹140 issue price. The ₹92.93 crore IPO was open for subscription from July 30 to August 1.

The IPO saw extraordinary demand on the final day with overall subscriptions reaching 211.13 times. Non-institutional investors subscribed 382.11 times, Qualified Institutional Buyers 171.55 times, and Retail Investors 160.47 times. 

Sathlokhar Synergys E&C Global Limited, an integrated EPC and infra-turnkey contractor, offers specialized services for various construction, MEP, and solar power projects across India. ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, they independently bid on government-funded projects, efficiently managing the entire value chain to mitigate risks and create maximum value.

Sathlokhar Synergys E&C Global Limited IPO aims to use the IPO funds to expand its production capacity, enhance operational efficiencies, and possibly reduce existing debt.

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