The counter hit a high of Rs 125.85 and a low of Rs 116.50. About 36.26 lakh shares of the company changed hands at the counter.
Sugs Lloyd's IPO was subscribed 3.11 times. The issue opened for bidding on 29 August 2025 and it closed on 2 September 2025. The price of the IPO was fixed between Rs 117 - Rs 123 per share.
The IPO comprised fresh issue of 69,64,000 shares. The company intends to utilize the net proceeds to meet working capital requirements and general corporate purposes.
Ahead of the IPO, Sugs Lloyd on 28 August 2025, raised Rs 4.99 crore from anchor investors. The board allotted 4.06 lakh shares at Rs 123 each to 2 anchor investors.
Sugs Lloyd operates in the renewable energy sector, with a primary focus on solar energy, electrical transmission and distribution, and civil EPC (engineering, procurement, and construction) projects. It provides a wide range of services, including the development of power transmission and distribution infrastructure, construction of power substations, and the renovation, upgrading, and modification of existing power systems.
Additionally, the firm also engaged in providing solutions for outage management solutions (OMS) using fault passage indicators, auto reclosers, and sectionalizer to various electricity DISCOM (distribution companies). In the civil construction domain, it offer turnkey solutions for civil building construction and electrical substation work, particularly for government clients. As on 31st March 2025, the company had 206 employees on payroll.
The company recorded revenue from operations of Rs 176.19 crore and net profit of Rs 16.77 crore for the period ended 31 March 2025.

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