Syrma SGS Technology Limited IPO - Review, Status, Price, Open Date, Allotment, Lot Size

 

Syrma SGS Technology Limited IPO

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Syrma SGS Technology Limited IPO

Syrma SGS Technology Limited is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services (“EMS”) and specialised in precision manufacturing for diverse end-use industries including industrial appliances, automotive, healthcare, consumer products and IT industries.

It is one of the leading PCBA manufacturers in India, supplying to various OEMs and assemblers in the market and are amongst the top key global manufacturers of custom RFID tags. Syrma SGS Technology is focused on technological innovation through our R&D capabilities.

Company Promoters:
• Sandeep Tandon.
• Jasbir Singh Gujral.
• Veena Kumari Tandon.
• Tancom Electronics Private Limited

Objects of this Issue:
• Funding the capital expenditure requirements for development of a R&D facility and expansion / setting up of manufacturing facilities
• Funding working capital requirements of the company.
• General corporate purposes.


Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

9,147.26

4,600.08

3,466.95

Total Liabilities

3,708.35

2,218.37

2,449.90

Net Profit

306.07

286.15

438.80

The offer:

Particulars

Shares Available for allotment

Percentage of Shares Available for allotment

QIB

85,53,777 Equity shares

Not more than 50% of the net offer size

Non-Institutional Portion

60,03,012 Equity shares

Not less than 15% of the net offer size

Retail

1,40,07,027 Equity shares

Not less than 35% of the net offer size

Eligible Employees

-

-

Net offer size

2,85,63,816 equity shares

N/A

Syrma SGS Technology Limited IPO Details

Issue Open

12 Aug 2022

Issue Close

18 Aug 2022

IPO Price

₹209 – ₹220 per equity share

Face Value

₹10 per equity share

IPO Size

₹840 Cr.

Listing At

NSE, BSE

IPO Lot Size

68 Shares

Syrma SGS Technology Limited IPO Schedule
1. Bid or Offer Opens on: 12 Aug 2022
2. Bid or Offer Closes on: 18 Aug 2022
3. Finalization of BoA: 23 Aug 2022
4. Initiation of Refunds: 24 Aug 2022
5. Credit of shares to demat account: 25 Aug 2022
6. Listing Date: 26 Aug 2022

Syrma SGS Technology Limited IPO Lot Size
Market lot size of the Syrma SGS Technology Limited IPO is 68 shares. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

68

₹14,960

Maximum

13

884

₹1,94,480

Company Contact Details:
Syrma SGS Technology Limited
Plot B27, Phase II, Zone B,
MEPZ-SEZ, Sanatorium, Tambaram,
Chennai - 600045, Tamil Nadu.

Phone: +91 22 40363000
Email: compliance@syrmasgs.com
Website: https://syrmasgs.com/

Syrma SGS Technology Limited IPO Registrar Details:
Link Intime India Private Limited
C 101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West),
Mumbai - 400083, Maharashtra, India

Phone: +91-22-4918 6270
Email: syrma.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Frequently Asked Question

Minimum and Maximum order quantity for Syrma SGS Technology IPO is 1 lot and 13 lots respectively.
If you do not get the allotment of Syrma SGS Technology shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
You can apply for an IPO from any place by using internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Syrma SGS Technology IPO by using any one of these method as per your convenience.
You will receive the allotted shares in your demat account on Aug 25, 2022.
Syrma SGS Technology IPO shares will get listed at BSE and NSE.
Syrma SGS Technology IPO is going to open on Aug 12, 2022.
Market lot size of the Syrma SGS Technology IPO is 68 shares.
Syrma SGS Technology IPO will be closed on Aug 18, 2022.
Price of 1 share of Syrma SGS Technology IPO is ₹209 - ₹220.
Syrma SGS Technology IPO will get listed on Aug 26, 2022.
Face value of equity shares of Syrma SGS Technology IPO is ₹10.