Syrma SGS IPO Date, Review, Price, Allotment & Analysis

Syrma SGS Technology IPO date is August 12. Check Syrma SGS IPO review, price, lot size, form, financial results, valuations & IPO allotment status.

Syrma SGS Technology IPO date is fixed yet, the IPO is to open on August 12 and will close on August 18, 2022. Syrma SGS IPO to raise around ₹840 crores via IPO that comprises fresh issue of ₹766 crores and offer for sale up to 3,369,360 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Syrma SGS Technology Limited is a technology-focused engineering and design company engaged in turnkey electronics manufacturing services (EMS). The company is based in Chennai, incorporated in 2004. Syrma provides high-mix, flexible volume, precision OEM manufacturing. They are one-stop-solution electronics manufacturing services (EMS) including product design, quick prototyping, PCB assembly,  Box build, repair & rework, and automatic tester development services. Syrma SGS also offers OEM solutions for RFID tags & inlays and high-frequency magnetic components. We serve global OEMs in 20+ countries and have supplied several hundreds of million units.

The product portfolio includes Printed circuit board assemblies (PCBA), Radio frequency identification (RFID) products, Electromagnetic and electromechanical parts, Motherboards, Memory products – DRAM modules, solid state, USB drives. They have manufacturing facilities in Himachal Pradesh, Haryana, Uttar Pradesh, Tamil Nadu and Karnataka. They have dedicated R&D facilities in Chennai, Gurgaon and in Stuttgart, Germany too. You can check Syrma SGS Technology IPO subscription status and Syrma SGS Technology IPO allotment status on their respective pages. Syrma SGS Technology raised ₹252 crores from anchor investors, ahead of IPO on August 11, 2022.

Objects of the Issue:

  • Funding capital expenditure requirements for the development of an R&D facility and expansion / setting up of manufacturing facilities.
  • Funding long-term working capital requirements.
  • General corporate purposes.
Syrma SGS Technology

    Syrma SGS Technology IPO Review (Good or Bad)

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    Brokerage Firm IPO Review

    • Capital Market: May Apply
    • Axis Bank: Not Rated
    • KR Choksey: Apply
    • Canara Bank: Apply
    • Choice Broking: May Apply
    • Hem Securities: Apply
    • Reliance Securities: Apply

    Syrma SGS Technology IPO Date & Price Band

     Syrma SGS Technology IPO Open: August 12, 2022
     Syrma SGS Technology IPO Close: August 18, 2022
     Syrma SGS Technology IPO Size: Approx ₹840 Crores
     Fresh Issue: Approx ₹766 Crores
     Offer for Sale: Approx 3,369,360 Equity Shares
     Face Value: ₹10 Per Equity Share
     Syrma SGS Technology IPO Price Band: ₹209 to ₹220 Per Share
     Syrma SGS Technology IPO Listing on: BSE & NSE
     Retail Quota: 35%
     QIB Quota: 50%
     NII Quota: 15%
     Discount: N/A
     DRHP Draft Prospectus: Click Here
     RHP Draft Prospectus: Click Here
     Anchor Investors List: Click Here

    Syrma SGS Technology IPO Market Lot

    The Syrma SGS Technology IPO minimum market lot is 68 shares with ₹14,960 application amount. The retail investors can apply up-to 13 lots with 884 shares or ₹194,480 amount.

     Minimum Lot Size: Minimum 68 Shares for 1 lot
     Minimum Amount: 14,960 for 1 lot
     Maximum Lot Size: Maximum 884 Shares for 13 lot
     Maximum Amount: ₹194,480 for 13 lot

    Syrma SGS Technology IPO Allotment & Listing Dates

    The Syrma SGS Technology IPO date is August 12 and the close date is August 18. The Syrma SGS Technology IPO allotment will be finalized on August 23 and the IPO listing on August 26.

     Price Band Announcement: August 8, 2022
     Anchor Investors Allotment: August 11, 2022
     Syrma SGS Technology IPO Open Date: August 12, 2022
     Syrma SGS Technology IPO Close Date: August 18, 2022
     Basis of Allotment: August 23, 2022
     Refunds: August 24, 2022
     Credit to Demat Account: August 25, 2022
     Syrma SGS Technology IPO Listing Date: August 26, 2022

    Syrma SGS Technology IPO Form

    How to apply for the Syrma SGS Technology IPO? You can apply for Syrma SGS Technology IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Syrma SGS Technology IPO in the Invest section. The other option is you can apply for Syrma SGS Technology IPO via IPO forms downloaded via NSE and BSE. Check out the Syrma SGS Technology forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


    Syrma SGS Technology Company Financial Report

      ₹ in Crores

    RevenueExpensePAT
    2019₹357₹330₹20.97
    2020₹405₹347₹43.88
    2021₹444₹408₹28.60
    2022
    ₹655₹607₹30.69

    Syrma SGS Technology IPO Valuation – FY2022

    Check Syrma SGS Technology IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

     Earning Per Share (EPS): ₹5.25 per Equity Share
     Price/Earning P/E Ratio: N/A
     Return on Net Worth (RoNW): 13.58%
     Net Asset Value (NAV): 42.36 per Equity Share

    Peer Group

    • Dixon Technologies Limited
    • Amber Enterprises India Limited

    Company Promoters

    • Sandeep Tandon
    • Jasbir Singh Gujral
    • Veena Kumari Tandon
    • Tancom Electronics Private Limited

    Syrma SGS Technology IPO Registrar

    Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: [email protected]
    Website: https://linkintime.co.in/

    Syrma SGS Technology IPO Allotment Status Check

    Check Syrma SGS Technology IPO allotment status on Linkintime website allotment URL. Click Here

    Syrma SGS Technology IPO Lead Managers

    • DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
    • ICICI Securities Limited
    • IIFL Securities Ltd

    Company Address

    Syrma SGS Technology Ltd
    Plot B27, Phase II, Zone B,
    MEPZ-SEZ, Sanatorium, Tambaram,
    Chennai 600 045
    Phone: 022 40363000
    Email: [email protected]
    Website: https://syrmasgs.com/

    Syrma SGS Technology IPO FAQs


    What is Syrma SGS Technology IPO?

    Syrma SGS Technology IPO is a main-board IPO. They are going to raise ₹840 Crores via IPO. The issue is priced at 209 to ₹220 per equity share. The IPO is to be listed on BSE & NSE.

    When Syrma SGS Technology IPO will open?

    The IPO is to open on August 12, 2022, for QIB, NII, and Retail Investors.

    What is Syrma SGS Technology IPO Investors Portion?

    The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

    How to Apply the Syrma SGS Technology IPO?

    You can apply for Syrma SGS Technology IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Syrma SGS Technology IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Syrma SGS Technology”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Syrma SGS Technology IPO through Upstox?

    Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Syrma SGS Technology”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    How to Apply the Syrma SGS Technology IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Syrma SGS Technology”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

    What is Syrma SGS Technology IPO Size?

    Syrma SGS Technology IPO size is ₹840 crores.

    What is Syrma SGS Technology IPO Price Band?

    Syrma SGS Technology IPO Price Band is ₹209 to ₹220.

    What is Syrma SGS Technology IPO Minimum and Maximum Lot Size?

    The minimum bid is 68 Shares with ₹14,960 amount while the maximum bid is 884 shares with ₹194,480.

    What is the Syrma SGS Technology IPO Allotment Date?

    Syrma SGS Technology IPO allotment date is August 23, 2022.

    What is the Syrma SGS Technology IPO Listing Date?

    Syrma SGS Technology IPO listing date is August 26, 2022. The IPO is to list on BSE and NSE.

    Note: The Syrma SGS Technology IPO price band and date are officially announced. The IPO grey market premium (Syrma SGS Technology IPO Premium) will be added to the IPO grey market page as it will start).

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