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 IPO Review (Good or Bad)
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Brokerage Firm IPO Review
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- Hem Securities: Apply
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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 | |||||
Revenue | Expense | PAT | |||
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 HereSyrma 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/
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