Synoptics Technologies IPO Date, Review, Price, Allotment Details

Vijay Prajapati
July 13, 2023

Vijay Prajapati

Synoptics Technologies IPO Details: Synoptics Technologies IPO date is fixed, The IPO will open on June 30 and will close on July 5. Synoptics Technologies is an NSE SME IPO to raise ₹35.07 crores via IPO. The Synoptics Technologies IPO price band is fixed at ₹237 with a market lot of 600 shares.

Synoptics Technologies is an IT Services company offering solutions like IT Infrastructure, Cloud, Software Products, and Enterprise SaaS. Synoptics helps enterprises, small businesses, and Governments in their Digital journey with various use cases of specific industry verticals with their technology-led and innovation-driven approach.

They are currently operating across India and with a team of 584 employees. Their B2B customers include government entities, public sector undertakings (“PSUs”), and private enterprises. Some of its esteemed customers include TATA Communications Limited, BOB Financial Services, Blue Dart Express Limited, Lifestyle International Private Limited, Shoppers Stop Limited, Hennes & Mauritz Retail Private Limited (H&M), Fedbank Financial Services Limited, GIC Housing Finance Ltd, Motilal Oswal Financial Services Limited, Government of Gujarat, etc.

Synoptics Technologies recently signed an agreement with BSNL to become their authorized Private LTE / Private 5G service partner nationwide this would establish them into upcoming private LTE / Private 5G opportunities. The Company is headquartered in Mumbai and has regional offices in 17 locations throughout India including Andhra Pradesh, Bihar, Chandigarh, Delhi, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Odisha, Punjab, Rajasthan, Telangana, Tamil Nadu, Uttar Pradesh, Uttarakhand, and West Bengal.

Objects of the Issue:

Repayment of certain Borrowings;
Funding additional Working capital requirements;
Investment in Strategic Acquisition / Joint Venture; and
General Corporate Purposes.

Synoptics Technologies IPO Review

May Apply

Synoptics Technologies IPO Date & Price Band Details

IPO Open:	June 30, 2023
IPO Close:	July 5, 2023
IPO Size:	Approx ₹35.07 Crores, 14,80,000 Equity Shares
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹237 Per Equity Share
IPO Listing on:	NSE SME
Retail Quota:	50% of the net offer
NII Quota:	50% of the net offer
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here
Anchor Investors in IPO:	Click Here

Synoptics Technologies IPO Market Lot

The Synoptics Technologies IPO minimum market lot is 600 shares with a ₹142,200 application amount.

Application	Lot Size	Shares	Amount
Retail Minimum	1	600	₹142,200
Retail Maximum	1	600	₹142,200
S-HNI Minimum	2	1200	₹284,400

Synoptics Technologies IPO Dates

The Synoptics Technologies IPO date is June 30 and the IPO close date is July 5. The IPO allotment date is July 10 and the IPO might list on July 13.

IPO Open Date:	June 30, 2023
IPO Close Date:	July 5, 2023
Basis of Allotment:	July 10, 2023
Refunds:	July 11, 2023
Credit to Demat Account:	July 12, 2023
IPO Listing Date:	July 13, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Synoptics Technologies IPO Form

How to apply Synoptics Technologies IPO? You can apply Synoptics Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Synoptics Technologies IPO in the Invest section. The other option you can apply Synoptics Technologies IPO via IPO forms download via the NSE website. Check out the Synoptics Technologies forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Synoptics Technologies Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2020	₹22.11	₹19.91	₹1.82
2021	₹34.80	₹31.57	₹2.36
2022	₹50.97	₹45.11	₹4.32
2023 9M	₹34.47	₹28.21	₹5.25

Synoptics Technologies IPO Valuation – FY2022

Check Synoptics Technologies 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):	₹6.18 per Equity Share
Price/Earning P/E Ratio:	38.35
Return on Net Worth (RoNW):	23.04%
Net Asset Value (NAV):	₹26.81 per Equity Share

Peer Group

Allied Digital Services Limited

Company Promoters

Mr. Jagmohan Manilal Shah
Mr. Jatin Jagmohan Shah
Mrs. Janvi Jatin Shah

Synoptics Technologies IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Synoptics Technologies IPO Allotment Status

Check Synoptics Technologies IPO allotment status on Bigshare website URL. Click Here

Synoptics Technologies IPO Lead Managers aka Merchant Bankers

FIRST OVERSEAS CAPITAL LIMITED

Company Address

Synoptics Technologies Limited
301, A-Wing, 3rd Floor, Interface 16,
Mindspace, Malad (West), Mumbai 400064, Maharashtra
Phone: +91 22 4505 0000
E-mail: [email protected]
Website: www.synoptics.co.in

Synoptics Technologies IPO FAQs

What is Synoptics Technologies IPO?

Synoptics Technologies IPO is an NSE SME IPO. They are going to raise ₹35.07 Crores via IPO. The issue is priced at ₹237 per equity share. The IPO is to be listed on NSE.

When Synoptics Technologies IPO will open?

The IPO is to open on June 30, 2023 for NII, and Retail Investors.

What is Synoptics Technologies IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Synoptics Technologies IPO?

You can apply Synoptics Technologies 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 Synoptics Technologies 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 “Synoptics Technologies”. 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 Synoptics Technologies IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Synoptics Technologies”. 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 Synoptics Technologies IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Synoptics Technologies”. 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 Synoptics Technologies IPO Size?

Synoptics Technologies IPO size is ₹35.07 crores.

What is Synoptics Technologies IPO Price Band?

Synoptics Technologies IPO Price Band is ₹237 per equity share.

What is Synoptics Technologies IPO Minimum and Maximum Lot Size?

The IPO bid is 600 shares with ₹142,200.

What is Synoptics Technologies IPO Allotment Date?

Synoptics Technologies IPO allotment date is July 10, 2023.

What is Synoptics Technologies IPO Listing Date?

Synoptics Technologies IPO listing date is July 13, 2023. The IPO to list on NSE SME.

Note: The Synoptics Technologies IPO details are announced officially. The IPO grey market premium (Synoptics Technologies IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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