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 ₹270 to ₹300 range against the IPO price of ₹220 at a premium around ₹50 to ₹60.
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 | ₹220.00 | ₹220.00 |
| List Price | ₹262.00 | ₹260.00 |
| High Price | ₹0.00 | ₹0.00 |
| Low Price | ₹0.00 | ₹0.00 |
| Close Price | ₹0.00 | ₹0.00 |
| Volume | 0 | 0 |
Syrma SGS IPO Listing Details
| BSE Code | 543573 |
| NSE Code | SYRMA |
| Group | B Group |
| ISIN No | INE0DYJ01015 |
| Offer Price | ₹220 |
| Face Value | ₹10 |
| 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 ₹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 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:
Follow IPO Watch for the upcoming IPO list and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
