Syrma SGS Technology Ltd IPO GMP Today and Details

Syrma SGS Technology Ltd IPO GMP Today

Syrma SGS Technology Ltd IPO GMP is not in good mood, reason behind low GMP premium is uncertain conditions of market. After long time we looking again IPO market start with Syrma SGS Technology Ltd. we are sharing Syrma SGS Technology Ltd IPO GMP with all details like listing dates, company information’s, balance sheets and etc.

Incorporated in 2004, Syrma SGS Technology Limited is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization.

Syrma SGS Technology Ltd IPO GMP Today

Syrma SGS Technology Ltd IPO GMP Today

Syrma SGS Technology Limited Grey Market Premium is around 25 rupees.

Syrma SGS Technology Limited Expected Listing Gains

Syrma SGS Technology Limited Listing Gains expected to fall between 10 to 20%.

The company operates through eleven manufacturing facilities in north India (i.e. Himachal Pradesh, Haryana, and Uttar Pradesh) and south India (i.e. Tamil Nadu and Karnataka). The manufacturing facilities in Tamil Nadu are located in a special economic zone. The manufacturing facility in Haryana has been set up under the Electronic Hardware Technology Park scheme, which allow the company to avail tax and other benefits.

Syrma SGS Technology Limited Financial

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-19286.42357.420.97
31-Mar-20346.7404.8843.88
31-Mar-21460.01444.4828.62

Syrma SGS Technology Limited Details

Syrma IPO DateAug 12, 2022 to Aug 18, 2022
Syrma IPO Face Value₹10 per share
Syrma IPO Price₹209 to ₹220 per share
Syrma IPO Lot Size68 Shares
Issue Size[.] shares of ₹10
(aggregating up to ₹840.00 Cr)
Fresh Issue[.] shares of ₹10
(aggregating up to ₹766.00 Cr)
Offer for Sale3,369,360 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Offer
Retail Shares OfferedNot less than 35% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the the Offer
EventDate
Syrma IPO Opening DateAug 12, 2022
Syrma IPO Closing DateAug 18, 2022
Basis of AllotmentAug 23, 2022
Initiation of RefundsAug 24, 2022
Credit of Shares to DematAug 25, 2022
Syrma IPO Listing DateAug 26, 2022

What is Syrma SGS Technology Limited Today GMP?

Syrma SGS IPO is trading near by premium of 25 rupees and expected to given 10% return on listing.

What is Syrma SGS Technology Limited IPO Start, Last and Listing Date?

Syrma SGS IPO Start from 12 August and close on 18 August and Listing will be on 26 August.