The Synergy Green IPO date has been confirmed from September 4, 2018 and ended on September 7, 2018. Read the post to learn about Synergy Green IPO GMP.
Synergy Green IPO begins on September 4 and closes on September 7. The pricing range is generally Rs.70 for 2000 market lots. The IPO size is approximately 26.46 crore rupees.
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Key Details Of Synergy Green IPO:
Bidding Dates
September 4-7
Price Range
₹70 per share
Face Value
₹10 per share
GMP
NA
Synergy Green IPO GMP
The Lagnam Spintex IPO GMP is ₹NA.
IPO Overview
The Rs 26.46 crore Synergy Green IPO is a fixed-price offering. The bidding for the Synergy Green initial public offering (IPO) closed on September 7, 2018. On September 21, 2018, the shares were listed on the BSE SME.
Synergy Green IPO price is ₹70 per share. The minimum lot size for an application is 2000 shares. Individual investors need a minimum investment of ₹140,000.
Synergy Green IPO Details
| IPO Date | September 4, 2018 to September 11, 2018 |
| Listing Date | September 21, 2018 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 3,780,000 shares (aggregating up to ₹26.46 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 192,000 shares |
Synergy Green Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Dec-17 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | |
| Total Assets | 10,726.23 | 9,178.72 | 8,253.32 | 6,885.80 | 6,514.79 | 5,959.28 |
| Total Revenue | 6,640.60 | 12,067.19 | 8,259.66 | 6,384.93 | 3,723.83 | 954.44 |
| Profit After Tax | 214.81 | 485.96 | 155.21 | (685.06) | (901.51) | (905.28) |
Synergy Green IPO Listing Details
| Listing Date | September 21, 2018 |
| BSE Script Code | 541929 |
| NSE Symbol | SGIL |
| ISIN | INE00QT01015 |
| Final Issue Price | ₹70 per share |
Company Profile
Synergy Green Industries Limited (SGIL), a venture from Kolhapur, was founded in 2010 by us for the foundries and manufacturing of industrial castings, metal castings, turbine castings, steel castings, and windmill parts, with the Kolhapur production site in that area. It is approved under ISO 9001:In 2015, and we produced machined parts, spheroidal graphite iron, steel castings, and graded grey iron for use in the non-vehicle and industrial subsectors. Under its capability, the company can
deal with one-piece and greige iron casting materials weighing up to 500 kg and 17 MT at the most. Some of the company’s significant customers include M/s GE Renewable, M/s Vestas, Denmark, M/s Gamesa, M/s Enercon Germany, M/s ZF, and M/s Siemens.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Synergy Green Industries Limited |
| Phone number | +91-0231-2658375 |
| Email ID | [email protected] |
| Website | synergygreenind.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Synergy Green IPO FAQs
When Synergy Green IPO will open?
The Synergy Green IPO opens on September 4, 2018 and closes on September 11, 2018.
What is the lot size of Synergy Green IPO?
Synergy Green IPO lot size is 2000 Shares, and the minimum amount required is ₹140,000.
When is Synergy Green IPO listing date?
The Synergy Green IPO listing date is on September 21, 2018.
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