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Syrma SGS IPO Date, Review, Price, Allotment & Analysis

Written by on August 8, 2022

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 ₹[.] crores via IPO that comprises fresh issue of ₹766 crores and offer for sale up to 3,369,360 equity shares of ₹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.

Objects of the Issue:

  • Funding capital expenditure requirements for the development of an R&D facility and expansion / setting up of manufacturing facilities.
  • Funding long-term working capital requirements.
  • General corporate purposes.
Syrma SGS IPO Date, Review, Price, Allotment & Analysis

Syrma SGS Technology IPO Review (Good or Bad)

Brokerage Firm IPO Review

  • Capital Market:
  • Jainam Broking:
  • SMC Global:
  • Ventura Securities:
  • Choice Broking:
  • Religare Broking: –
  • Angel One:
  • Axis Capital:
  • Profitmart Securities:

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 ₹[.] 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 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.

 Price Band Announcement:  August 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 Technology IPO Form

How to apply for the Syrma SGS Technology IPO? You can apply for Syrma SGS Technology IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Syrma SGS Technology IPO in the Invest section. The other option is you can apply for Syrma SGS Technology IPO via IPO forms downloaded via NSE and BSE. Check out the Syrma SGS Technology forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Syrma SGS Technology Company Financial Report

  ₹ in Crores
Revenue Expense PAT
2019 ₹357 ₹330 ₹20.97
2020 ₹405 ₹347 ₹43.88
2021 ₹444 ₹408 ₹28.60
2022
₹655 ₹607 ₹30.69

Syrma SGS Technology IPO Valuation – FY2022

Check Syrma SGS Technology IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

 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

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: [email protected]
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: [email protected]
Website: https://syrmasgs.com/

Syrma SGS Technology IPO FAQs

What is Syrma SGS Technology IPO?

Syrma SGS Technology IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at 209 to ₹220 per equity share. The IPO is to be listed on BSE & NSE.

When Syrma SGS Technology IPO will open?

The IPO is to open on August 11, 2022, for QIB, NII, and Retail Investors.

What is Syrma SGS Technology IPO Investors Portion?

The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

How to Apply the Syrma SGS Technology IPO?

You can apply for Syrma SGS Technology IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Syrma SGS Technology IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Syrma SGS Technology”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Syrma SGS Technology IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Syrma SGS Technology”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Syrma SGS Technology IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Syrma SGS Technology”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Syrma SGS Technology IPO Size?

Syrma SGS Technology IPO size is ₹[.] crores.

What is Syrma SGS Technology IPO Price Band?

Syrma SGS Technology IPO Price Band is ₹209 to ₹220.

What is Syrma SGS Technology IPO Minimum and Maximum Lot Size?

The minimum bid is 68 Shares with ₹14,960 amount while the maximum bid is 884 shares with ₹194,480.

What is the Syrma SGS Technology IPO Allotment Date?

Syrma SGS Technology IPO allotment date is August 23, 2022.

What is the Syrma SGS Technology IPO Listing Date?

Syrma SGS Technology IPO listing date is August 26, 2022. The IPO is to list on BSE and NSE.

Note: The Syrma SGS Technology IPO price band and date are officially announced. The IPO grey market premium (Syrma SGS Technology IPO Premium) will be added to the IPO grey market page as it will start).



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