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 Rs.840 crores via IPO that comprises fresh issue of Rs.766 crores and offer for sale up to 3,369,360 equity shares of Rs.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 Rs.252 crores from anchor investors, ahead of IPO on August 11, 2022.
Syrma SGS Technology IPO Review (Good or Bad)
- Apply
Brokerage Firm IPO Review
- Capital Market: May Apply
- Axis Bank: Not Rated
- KR Choksey: Apply
- Canara Bank: Apply
- Choice Broking: May Apply
- Hem Securities: Apply
- Reliance Securities: Apply
Syrma SGS IPO Details
| Subscription Dates | 12 – 18 August 2022 |
| Price Band | INR209 – 220 per share |
| Fresh issue | INR766 crore |
| Offer For Sale | 3,369,360 shares (INR70.42 – 74.13 crore) |
| Total IPO size | INR836.42 – 840.13 crore |
| Minimum bid (lot size) | 68 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Syrma SGS Technology Company Financial Report
Rs. in Crores
Revenue(Rs.) Expense(Rs.) PAT(Rs.) 2019 357 330 20.97 2020 405 347 43.88 2021 444 408 28.60 2022
655 607 30.69
| Rs. in Crores | |||||
| Revenue(Rs.) | Expense(Rs.) | PAT(Rs.) | |||
| 2019 | 357 | 330 | 20.97 | ||
| 2020 | 405 | 347 | 43.88 | ||
| 2021 | 444 | 408 | 28.60 | ||
| 2022 | 655 | 607 | 30.69 | ||
Syrma SGS Technology IPO Market Lot
The Syrma SGS Technology IPO minimum market lot is 68 shares with Rs.14,960 application amount. The retail investors can apply up-to 13 lots with 884 shares or Rs.194,480 amount.
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.
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: syrma.ipo@linkintime.co.in
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 Here
Syrma 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: compliance@syrmasgs.com
Website: https://syrmasgs.com/
