The Syrma SGS date has been confirmed from August 12 and ended on August 18, 2022. Read the post to learn about Syrma SGS IPO GMP.
Check out the current rate for Syrma SGS IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates. The Syrma SGS Technology IPO GMP has begun, Syrma SGS IPO GMP Today is ₹48. but we must wait for it to settle. Stay tuned for the most recent Syrma SGS IPO GMP figures.
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Key Details Of Syrma SGS IPO:
Bidding Dates
August 12 – 18
Price Range
₹209 to ₹220 per share
Face Value
₹10 per share
GMP
₹48
Syrma SGS IPO GMP
The Syrma SGS IPO GMP Today is ₹48.
IPO Overview
Syrma IPO is a book-built issue of Rs 840.00 crores. The transaction includes a fresh issue of Rs 766.00 crore and an offer to sell 0.34 crore shares.
The Syrma IPO auction began on August 12, 2022, and finished on August 18, 2022. Syrma’s IPO allotment was finalized on Tuesday, August 23, 2022. On August 26, 2022, the shares were listed on BSE and NSE.
Syrma IPO pricing range is established at ₹209 to ₹220 per share. The minimum lot size for an application is 68 shares. The minimum investment for retail investors is ₹14,960. The minimum lot size investment for sNII is 14 lots (952 shares) worth ₹209,440, while for bNII, it is 67 lots (4,556 shares) for ₹1,002,320.
Syrma Sgs IPO GMP Live Rates Day By Day With Kotak Rates
| Date | GMP | Kostak | Subject to |
| 26 August | ₹55 | ₹600 | ₹3000 |
| 25 August | ₹55 | ₹600 | ₹3000 |
| 24 August | ₹55 | ₹600 | ₹3000 |
| 23 August | ₹55 | ₹600 | ₹3000 |
| 22 August | ₹65 | ₹700 | ₹3500 |
| 20 August | ₹60 | ₹600 | ₹3000 |
| 19 August | ₹45 | ₹400 | ₹2500 |
| 18 August | ₹35 | ₹400 | ₹2500 |
| 17 August | ₹25 | ₹400 | ₹2500 |
| 16 August | ₹25 | ₹400 | ₹2500 |
Syrma SGS IPO Date & Price Band Details
| IPO Date | August 12, 2022 to August 18, 2022 |
| Listing Date | August 26, 2022 |
| Face Value | ₹10 per share |
| Price Band | ₹209 to ₹220 per share |
| Lot Size | 68 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹840.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹766.00 Cr) |
| Offer for Sale | 3,369,360 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Syrma SGS IPO Market Lot Sizes
Investors may bid for a minimum of 68 shares and multiples thereof. The table below shows the lowest and maximum investment by retail investors and HNIs in terms of shares and amounts.
| Application | Lots | Share | Amount |
| Retail (Min) | 1 | 68 | ₹14,960 |
| Retail (Max) | 13 | 884 | ₹194,480 |
| S-HNI (Min) | 14 | 952 | ₹209,440 |
| S-HNI (Max) | 66 | 4,488 | ₹987,360 |
| B-HNI (Min) | 67 | 4,556 | ₹1,002,320 |
Syrma SGS IPO Allotment & Listing Dates
Syrma IPO opens on August 12, 2022, and closes on August 18, 2022.
| IPO Open Date | Friday, August 12, 2022 |
| IPO Close Date | Thursday, August 18, 2022 |
| Basis of Allotment | Tuesday, August 23, 2022 |
| Initiation of Refunds | Wednesday, August 24, 2022 |
| Credit of Shares to Demat | Thursday, August 25, 2022 |
| Listing Date | Friday, August 26, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 18, 2022 |
Syrma SGS Company Financial
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-19 | 286.42 | 357.4 | 20.97 |
| 31-Mar-20 | 346.7 | 404.88 | 43.88 |
| 31-Mar-21 | 460.01 | 444.48 | 28.62 |
Syrma Sgs IPO Reservation
Syrma IPO offers 28,563,816 shares. 8,553,777 (29.95%) to QIB, 6,003,012 (21.02%) to NII, 14,007,027 (49.04%) to RII. 205,985 RIIs will receive minimum 68 shares and 2,101 (sNII) and 4,203 (bNII) will receive minimum 952 shares. (in case of oversubscription)
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 8,553,777 (29.95%) | NA |
| NII (HNI) Shares Offered | 6,003,012 (21.02%) | |
| bNII > ₹10L | 4,002,008 (14.01%) | 4,203 |
| sNII < ₹10L | 2,001,004 (7.01%) | 2,101 |
| Retail Shares Offered | 14,007,027 (49.04%) | 205,985 |
| Total Shares Offered | 28,563,816 (100%) |
Company Profile
Syrma SGS has been the preferred value creator for its customers over the last 40 years through innovative and efficient Electronic System Design and Manufacturing. We provide high-mix, flexible volume, precision OEM manufacturing. Our one-stop-solution electronics manufacturing services (EMS) include 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.
We’ve met global OEM standards for numerous products, including disk drives, memory modules, power supplies, etc. Within the last decade, we’ve provided design, manufacture, and shipping to a market of over 200 million product units worldwide. We sustain long-term global partnerships to fit our clients’ unique needs, including inventory management and rubbing, fully coordinating factory-to-market logistics.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
| Name | Syrma SGS Technology Ltd |
| Phone number | 022 40363000 |
| Email ID | [email protected] |
| Website | https://syrmasgs.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.
Syrma SGS FAQs
When Syrma IPO will open?
The Syrma IPO opens on August 12, 2022 and closes on August 18, 2022.
What is the lot size of Syrma IPO?
Syrma IPO lot size is 68 Shares, and the minimum amount required is ₹14,960.
When is Syrma IPO allotment?
The finalization of Basis of Allotment for Syrma IPO will be done on Tuesday, August 23, 2022, and the allotted shares will be credited to your demat account by Thursday, August 25, 2022.
When is Syrma IPO listing date?
The Syrma IPO listing date is on August 26, 2022.
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