Rs 876 crore Market Cap: Multibagger Company’s Order Book Stands at Rs 837 Crore

The company has received a new order from B.D Food and Beverages LLP, Varanasi, Uttar Pradesh, for the construction of civil, PEB, and infrastructure works for a factory.

Sathlokhar Synergys E&C Global Limited has received a new order from B.D Food and Beverages LLP, Varanasi, Uttar Pradesh, for the construction of civil, PEB, and infrastructure works for a factory at G1 & G2, UPSIDC Agro Park, Karkhiyaon, Phoolpur, Varanasi, UP: 221206, India, as per the specifications provided by B.D Food and Beverages LLP.

The total order value is estimated at INR 58.16 crore (including GST). The contract is to be executed by May 2025. The total order book value as of today stands at INR 837 crore (excluding GST) to be executed over the next 6 to 18 months.

Earlier, the company received five orders amounting to INR 21.73 crore (inclusive of GST) from the following:

• Reliance Mappedu Multi Modal Logistics Park, Chennai
• Manpro Equipments Private, Chennai
• Araymond India Private, Pune
• Vinfast Auto India Private, Delhi
• Camfil India Private, Gurgaon

About the Company

Sathlokhar Synergys E&C Global Limited specializes in providing engineering, procurement, and construction (EPC) services for the construction of buildings and infrastructure facilities.

Stock Price Performance

The IPO of Sathlokhar Synergys E&C Global Limited was open from July 30, 2024, to August 1, 2024. The shares were listed on the NSE SME on August 6, 2024. On Friday, the shares of Sathlokhar Synergys E&C Global Limited closed at Rs 363.05 per share on the NSE. The current market capitalization stands at INR 876.33 crore. The company’s shares have delivered an impressive multibagger return of around 160 per cent, compared to the final IPO price of Rs 140 each.

Disclaimer: The article is for informational purposes only and not investment advice.