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Sureflo Techcon IPO IPO

SME[.][.]
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Allotment
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Listing
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Issue Size
35,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets77.6778.2943.68
Total Income43.7337.4930.74
Profit After Tax7.123.460.99
EBITDA8.025.372.89
NET Worth24.1017.7711.54
Reserves and Surplus20.7014.378.14
Total Borrowing22.5729.2918.84
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Safecure Services Ltd.SME₹30.60 Cr₹10211.66₹77.55-23.97%₹23.00 (-4.13%)
NIS Management Ltd.SME₹60.01 Cr₹1119.13₹102.60-7.57%₹47.00 (+9.05%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Capital Expenditure towards expansion within existing facility24.63
2Repayment/prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company2.70
3General corporate purposes

About Sureflo Techcon IPO

Incorporated on April 16, 2013, Sureflo Techcon Limited is engaged in the business of providing customised engineering solutions, products, and services that cater to diverse industrial applications across multiple stages of the wastewater and effluent treatment value chain. The company offer four key wastewater treatment verticals: filtration, separation, aeration, and robotic cleaning. These include customised systems to remove solids, separate liquids, add oxygen, and clean tanks safely with robotic technology. The company's in-house teams manage design, fabrication, assembly, and quality control while basic casted and moulded components are sourced from external ventors. Products: Automatic Valveless Gravity Filters (AVGF) Pressure Sand Filters (PSF) Customized Filtration Solutions Competitive Strengths: Robotic Cleaning Systems Manufacturing & Deployment Focused Delivery of Specialised Systems Without Full Exposure to Turnkey Risk Integrated Multi-System Offerings Enhancing Project Efficiency and Reliability Recurring Role in Turnkey Projects Supported by Scalable, Quality-Controlled Production + Read More

Contact Details

Sureflo Techcon Ltd. AddressA-101,New India Chambers, Cross Road ‘A’ Off MIDC,Behind Onida House, Andheri - East,Mumbai, Maharashtra, 400093+91 22 4120 0915contact@sureflo.inVisit Website