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Synoptics Technologies Ltd.

Synoptics Technologies Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹237
₹237
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹237
Based on GMP
Min. Investment
₹142,200
1 lot × 600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 Jun 2023
Close Date
05 Jul 2023
Allotment
10 Jul 2023
Listing Date
13 Jul 2023
Exchange
NSE SME
Price Band
₹237
Listing Price
See chart
Allotment Status
Price Band
₹237
Per share
Face Value
₹10 per share
 
Lot Size
600 Shares
per lot
Issue Size
22,80,000 shares (aggregating up to ₹54.04 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹142,200
1 lot
Pre-IPO Holding
70,00,000 shares
Promoters
Post-IPO Holding
84,80,000 shares
Promoters
P/E (Pre)
25.32x
 
EPS (Pre)
₹4.65
 
UPI Deadline
2023-07-05
Mandate
Anchor AllotmentThu, 29 Jun 2023
Basis of AllotmentMon, 10 Jul 2023
Refund InitiationTue, 11 Jul 2023
Demat CreditWed, 12 Jul 2023
Listing DayThu, 13 Jul 2023
UPI Mandate Deadline2023-07-05
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public21,66,000 shares (aggregating up to ₹51.33 Cr)
Market Maker Quota1,14,000 shares (aggregating up to ₹2.70 Cr)
Fresh Issue Shares13,66,000 shares (aggregating up to ₹32.37 Cr)
Offer for Sale8,00,000 shares of ₹10 (aggregating up to ₹18.96 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Synoptics Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Jul 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
114,000
₹2.70
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,280,000
100% ₹54.04
IPO Shares Offered
Synoptics Technologies Ltd. IPO total issue size: ₹54.04 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 114,000 ₹2.70
5.00%
Total 2,280,000 ₹54.04
100.00%
* Based on upper price band ₹237 per share
Lot Size & Investment
Lot Size
600
Shares per Lot
Issue Price
₹237.00
Upper Band
Min Investment
₹142,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,200₹284,400
Retail (Max — 13 Lots)137,800₹1,848,600
S-HNI (Min — 14 Lots)148,400₹1,990,800
B-HNI (Min — 68 Lots)6840,800₹9,669,600
* Issue Price ₹237 × Lot Size 600 shares
IPO Schedule
Anchor
29 Jun 2023
✓ Done
IPO Open
30 Jun 2023
✓ Done
IPO Close
05 Jul 2023
✓ Done
Allotment
10 Jul 2023
✓ Done
Refunds
11 Jul 2023
✓ Done
Demat Credit
12 Jul 2023
✓ Done
Listing Day
13 Jul 2023
✓ Done
Synoptics Technologies Ltd. — Live Price LIVE
₹237.00
INR · NSE
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Issue ₹237.00 Live Price
About Synoptics Technologies Ltd.
Incorporated in 2008, Synoptics Technologies Limited provides IT services and solutions.The company offers solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation, and support of the network equipment needed to run the IT setup like routers, switches, etc.It designs solutions for customers who need to put their applications on Cloud, as well as application migration, and managing the setup in the cloud. IT Security solutions like firewall installation and management. Data Centre design and solution with newer technology to optimize the investment and use less space and power and with clearly defined outcomes.Synoptics Technologies helps enterprises, small businesses, and the Government in their Digital journey with various use cases of specific industry verticals. Its B2B customer list includes TATA Communications Limited, BOB Financial Services, Blue Dart Express Limited, Lifestyle International Private Limited, Shoppers Stop Limited, Hennes & Mauritz Retail Private Limited (H&M), Fedbank Financial Services Limited, GIC Housing Finance Ltd, Motilal Oswal Financial Services Limited, Government of Gujarat, etc.The company has recently signed an agreement with BSNL to become their authorized Private LTE / Private 5G service partner nationwide.Synoptics currently operates across India with a team of 584 employees. The company is headquartered in Mumbai and has regional offices in 17 locations throughout India including Andhra Pradesh, Bihar, Chandigarh, Delhi, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Odisha, Punjab, Rajasthan, Telangana, Tamil Nadu, Uttar Pradesh, Uttarakhand, and West Bengal.
Objects of the Issue
1
Repayment of certain Borrowings;
2
Funding additional Working capital requirements
3
Investment in Strategic Acquisition / Joint Venture; and
4
General Corporate Purposes
Synoptics Technologies Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹3,479.9
31-Mar-21
₹5,097.1
31-Mar-22
₹3,446.8
31-Dec-22
Profit After Tax (PAT)
₹236.0
31-Mar-21
₹525.4
31-Mar-22
₹525.4
31-Dec-22
Particulars31-Dec-2231-Mar-2231-Mar-21
Revenue from Operations 3446.81 5097.07 3479.91
EBITDA N/A N/A N/A
Profit After Tax (PAT) 525.35 525.36 236.02
Net Worth 2402.21 1876.85 1444.49
Total Assets 5379.95 4279.80 3759.78
Reserves & Surplus 1702.21 1176.85 744.49
Borrowings 1959.06 1410.03 1194.71
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
21.87%
RoCE
19.16%
RoNW
19.48%
Debt/Equity
0.82
Issue Structure & Shareholding
Total Shares Offered22,80,000 (100.00%)
Net Offer to Public21,66,000 shares (aggregating up to ₹51.33 Cr)
Reserved for Market Maker1,14,000 shares (aggregating up to ₹2.70 Cr)
Pre-Issue Promoter Holding70,00,000 shares
Post-Issue Promoter Holding84,80,000 shares
P/BV RatioN/A
RoE21.87%
RoCE19.16%
Debt / Equity0.82
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
First Overseas Capital Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Synoptics Technologies Ltd. IPO subscribed?

Synoptics Technologies Ltd. IPO is subscribed 1.00 times by Jul 05, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Synoptics Technologies Ltd. IPO retail subscription status?

The Synoptics Technologies Ltd. IPO retail category is subscribed 1.00 times as of 05 Jul 2023. The retail portion is oversubscribed.

How to subscribe Synoptics Technologies Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Jun 2023 and closes 05 Jul 2023. Min investment: ₹142,200 (1 lot = 600 shares). UPI mandate: 2023-07-05.

How many times Synoptics Technologies Ltd. IPO subscribed?

The Synoptics Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Synoptics Technologies Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Jul 2023. Refunds: on 11 Jul 2023.

When Synoptics Technologies Ltd. IPO will be listed?

The Synoptics Technologies Ltd. IPO listing date is 13 Jul 2023, Thursday. Listed on: NSE SME. Issue price: ₹237. Estimated listing: ₹237. GMP: NIL.

When Synoptics Technologies Ltd. IPO close?

The Synoptics Technologies Ltd. IPO closes on 05 Jul 2023, Wednesday. UPI mandate: 2023-07-05. Allotment: 10 Jul 2023. Listing: 13 Jul 2023.