Syrma SGS IPO listing date is fixed, The IPO is to list on August 26, Friday at 10:00 AM. The IPO was subscribed 32.61x times comprises of Qualified Institutional Buyer (QIB) 87.56x, Non-institutional Bidders (NII) 17.50x, and Retail (RII) 5.53x. The stock will list in B Group. As per the market speculations the stock might list in between the ā¹270 to ā¹300 range against the IPO price of ā¹220 at a premium around ā¹50 to ā¹60.
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. Check out the Syrma SGS IPO listing details as given below:
IPO Listing Update: Syrma SGS share price listed at Rs 260 on NSE and Rs 262 on BSE respectively. Happy Investing!
Syrma SGS Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price |
ā¹220.00
|
ā¹220.00
|
| List Price |
ā¹262.00
|
ā¹260.00
|
| High Price |
ā¹0.00
|
ā¹0.00
|
| Low Price |
ā¹0.00
|
ā¹0.00
|
| Close Price |
ā¹0.00
|
ā¹0.00
|
| Volume |
0
|
0
|
Syrma SGS IPO Listing Details
| BSE Code | 543573 |
| NSE Code | SYRMA |
| Group | B Group |
| ISIN No | INE0DYJ01015 |
| Offer Price | ā¹220 |
| Face Value | ā¹10 |
| Listing Date | August 26, 2022, Friday |
Syrma SGS IPO Subscription Status (Live Update – Day 4)
Last Updated – 5:00| Category | Day 2 | Day 3 | Day 4 |
| QIB | 0.00 | 0.71 | 87.56 |
| NII | 0.74 | 3.58 | 17.50 |
| RII | 1.56 | 2.66 | 5.53 |
| Total | 0.92 | 2.27 | 32.61 |
Syrma SGS IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
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 ā¹840 Crores |
| Fresh Issue: | Approx ā¹766 Crores |
| Offer for Sale: | Approx 3,369,360 Equity Shares |
| Face Value: | ā¹10 Per Equity Share |
| Syrma SGS Technology IPO Price Band: | ā¹209 to ā¹220 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 ā¹14,960 application amount. The retail investors can apply up-to 13 lots with 884 shares or ā¹194,480 amount.
| Minimum Lot Size: | Minimum 68 Shares for 1 lot |
| Minimum Amount: | ā¹14,960 for 1 lot |
| Maximum Lot Size: | Maximum 884 Shares for 13 lot |
| Maximum Amount: | ā¹194,480 for 13 lot |
Syrma SGS Technology IPO 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 date is 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 IPO Listing FAQs:
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