Engineering and design firm Syrma SGS Technology IPO Details, based in Chennai, was founded in 2004 and provides electronics manufacturing services (EMS). Through concept co-creation and product realisation, the company offers original equipment manufacturers (OEMs) integrated services and solutions from the early product concept stage to volume manufacturing.
It is an engineering and design firm with a strong technological focus that offers turnkey electronics manufacturing services (“EMS”) and specialises in precision manufacturing for a variety of end-use markets, including the industrial appliance, automotive, healthcare, consumer goods, and IT sectors.
Syrma SGS IPO Date, Allotment, Review, Price & Analysis
| Syrma SGS Technology IPO Opening Date: | August 12, 2022 |
| Syrma SGS Technology IPO Closing Date: | 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 |
| IPO Price Band: | ₹209 to ₹220 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
The opening and closing dates of the Syrma SGS Technology IPO have been set; they are August 12 and August 18, 2022, respectively. With a fresh issuance of 766 crores and an offer to sell up to 3,369,360 equity shares at a price of 10, Syrma SGS intends to raise around 840 crores through its initial public offering. Retail is allotted 35%, QIB 50%, and HNI 15%.
Syrma SGS Technology IPO Market Lot
The minimum market lot for the Syrma SGS Technology IPO is 68 shares with a 14,960 application amount.
Retail investors may submit up to 13 lots totaling 884 shares, or 194,480.
| Minimum Lot Size: | Minimum68 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 |
Dates for the Syrma SGS Technology IPO Allotment and Listing
The Syrma SGS Technology initial public offering takes place on August 12 and closes on August 18. On August 23, the Syrma SGS Technology IPO allocation will be decided, and on August 26, the Upcoming IPO listing will take place.
| Price Band Announcement: | August 8, 2022 |
| Anchor Investors Allotment: | August 11, 2022 |
| Opening Date: | August 12, 2022 |
| Close Date: | August 18, 2022 |
| Basis of Allotment: | August 23, 2022 |
| Refunds: | August 24, 2022 |
| Credit to Demat Account: | August 25, 2022 |
| IPO Listing Date: | August 26, 2022 |
Financial Report for Syrma SGS Technology Company
| Year Of Record | Revenue | Expense | PAT |
|---|---|---|---|
| 2019 | ₹357 Cr | ₹330 Cr | ₹20.97 Cr |
| 2020 | ₹405 Cr | ₹347 Cr | ₹43.88 Cr |
| 2021 | ₹444 Cr | ₹408 Cr | ₹28.60 Cr |
| 2022 | ₹655 Cr | ₹607 Cr | ₹30.69 Cr |
Syrma SGS Technology IPO Valuation – FY2022
Find out more about Syrma SGS Technology’s IPO valuations, including the Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) figures.
| 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 |
Objects of the Issues for Syrma SGS Technology IPO
- Funding capital expenditure required for the construction of an R&D centre and the expansion or establishment of manufacturing facilities are the subjects of the debate.
- financing ongoing working capital needs.
- broader corporate objectives
Subscription Information Syrma SGS Technology IPO
The information on the Syrma SGS Technology IPO is as follows:
- The IPO’s issue size is 840.13 Cr.
- The Syrma SGS Technology IPO’s pricing range is Rs 209 to Rs 220.
- On August 26, 2022, Syrma SGS Technology’s shares will go public.
- The most recent provable GMP for the IPO of Syrma SGS Technology is Rs 28.
More About Syrma SGS Technology IPO
A technology-focused engineering and design firm offering complete electronics manufacturing services is Syrma SGS Technology IPO Limited (EMS). The business was founded in 2004 and has its headquarters there. High-mix, flexible volume, and precision OEM manufacturing are offered by Syrma. They offer complete electronics manufacturing services (EMS), which include product design, rapid prototyping, PCB assembly, box construction, repair and rework, and services for the development of automation testers. This is a good Upcoming IPOs.
Additionally, Syrma SGS provides OEM options for high-frequency magnetic components as well as RFID tags and inlays. We have supplied numerous hundreds of millions of units to global OEMs in more than 20 countries.
The product line consists of printed circuit board assemblies (PCBA), RFID products, electromechanical and magnetic components, motherboards, memory goods (DRAM modules, solid state, USB drives), and memory products. In Himachal Pradesh, Haryana, Uttar Pradesh, Tamil Nadu, and Karnataka, they have manufacturing plants.
They also have specialised R&D centres in Stuttgart, Germany, Gurgaon, and Chennai, India. On their respective pages, you can monitor the progress of your subscription to the Syrma SGS Technology initial public offering and your allocation of shares. Before its IPO on August 11, 2022, Syrma SGS Technology raised 252 crores from anchor investors.
This IPO is falling between multiple Stock Market Holidays List.
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/
Syrma SGS Technology IPO FAQs
What is Syrma SGS Technology IPO?
A main-board IPO of [.] equity shares with a face value of 10 that can raise up to 840.00 Crores is called the Syrma IPO.
Priced between 209 and 220 per share, the issue.
There must be 68 shares in each order.
The initial public offering begins on August 12 and ends on August 18, 2022.
The IPO’s registrant is Link Intime India Private Ltd.
It is proposed that the shares list on the BSE and NSE.
How to Apply the Syrma SGS Technology IPO through Zerodha?
Customers of Zerodha can apply online for the Syrma IPO utilising the UPI payment mechanism.
By logging into the Zerodha Console (back office) and completing an IPO application form, Zerodha clients can apply for the Syrma IPO.
How to apply for the Syrma IPO via Zerodha
Log in to Console at the Zerodha website.
Click the IPOs link under Portfolio.
Click the “Bid” button in the “Syrma IPO” row.
Enter the Price, Quantity, and UPI ID.
“Submit” your IPO application.
To approve the requirement, log into the UPI App (or BHIM or online banking).
For further information, go to Zerodha IPO Application Process Review.