Synergy Green Industries Limited is incorporated in 2010 based in Kolhapur. The company SGIL is a manufacturer of castings, metal castings, insutrial castings, turbine castings, steel castings and windmill parts. The company has major clients like M/s GE Renewable, M/s Gamesa, M/s Enercon Germany, M/s ZF, M/s Vestas, Denmark and M/s Siemens. They have over 130 employees on payroll. Synergy Green ipo is starting from 04-September and ends on 07-September. The price band is around Rs.70 with 2000 market lot. The ipo size is around 26.46 crore rupees.
IPO Review:
- Risky
Synergy Green IPO Dates & Price Band:
- IPO Open: 04-September-2018
- IPO Close: 07-September-2018
- IPO Size: Approx Rs 26.46 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.70 Per Equity Share
- Listing on: BSE SME
- Shares: 3,780,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 2,000 Shares (Minimum Lot Size)
- Amount: Rs.1,40,000
IPO Allotment & Listing:
- Basis of Allotment: 14-September-2018
- Refunds: 17-September-2018
- Credit to demat accounts: 18-September-2018
- Listing: 19-September-2018
Financial Results:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 37.2 | 46.5 | -9.0 | ||
| 2015 | 63.8 | 71.5 | -6.9 | ||
| 2016 | 82.6 | 81.5 | 1.6 | ||
| 2017 | 120.7 | 116.6 | 4.9 | ||
| 2018 | 103.1 | 100.2 | 4.7 | ||
Synergy Green IPO Important Links:
Company Promoters:
- Mr. Sachin Rajendra Shirgaokar
- Mr. Sohan Sanjeev Shirgaokar
- Mr. Vendavagali Srinivasa Reddy
- S. B. Reshellers Private Limited
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: synergygreen.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
IPO Lead Managers:
- SWASTIKA INVESTMART LIMITED
Company Address:
Synergy Green Industries Limited
392 E Ward, Shahupuri, Kolhapur – 416001
Phone: +91-0231-2658375
Email: info@synergygreenind.com
Website: http://www.synergygreenind.com/
