Syrma SGS Technology Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

12 Aug 2022

Close Date

18 Aug 2022

Allotment

23 Aug 2022

Listing Date

26 Aug 2022

Exchange

NSE & BSE

Price Band

₹220

Listing Price

See chart

Allotment Status

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Price Band

₹220

Per share

Face Value

₹10 per share

Lot Size

68 Shares

per lot

Issue Size

3,81,87,541 shares (aggregating up to ₹840.13 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,960

1 lot

Pre-IPO Holding

14,14,10,956 shares

Promoters

Post-IPO Holding

17,62,29,137 shares

Promoters

P/E (Pre)

50.69x

UPI Deadline

2022-08-18

Mandate

Anchor AllotmentThu, 11 Aug 2022

Basis of AllotmentTue, 23 Aug 2022

Refund InitiationWed, 24 Aug 2022

Demat CreditThu, 25 Aug 2022

Listing DayFri, 26 Aug 2022

UPI Mandate Deadline2022-08-18

Sale TypeFresh Capital-cum-Offer for Sale

Fresh Issue Shares3,48,18,181 shares (aggregating up to ₹766.00 Cr)

Offer for Sale33,69,360 shares of ₹10 (aggregating up to ₹74.13 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Syrma SGS Technology Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Aug 2022.

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)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	38,187,541	100%	₹840.13

IPO Shares Offered

Syrma SGS Technology Ltd. IPO total issue size: ₹840.13 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	38,187,541	₹840.13	100.00%

* Based on upper price band ₹220 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹220.00

Upper Band

Min Investment

₹14,960

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	136	₹29,920
Retail (Max — 13 Lots)	13	884	₹194,480
S-HNI (Min — 14 Lots)	14	952	₹209,440
B-HNI (Min — 68 Lots)	68	4,624	₹1,017,280

* Issue Price ₹220 × Lot Size 68 shares

IPO Schedule

Anchor

11 Aug 2022

✓ Done

IPO Open

12 Aug 2022

✓ Done

IPO Close

18 Aug 2022

✓ Done

Allotment

23 Aug 2022

✓ Done

Refunds

24 Aug 2022

✓ Done

Demat Credit

25 Aug 2022

✓ Done

Listing Day

26 Aug 2022

✓ Done

₹220.00

INR · BSE

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Issue ₹220.00 Live Price

About Syrma SGS Technology Ltd.

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.Product PortfolioPrinted circuit board assemblies (PCBA)Radio frequency identification (RFID) productsElectromagnetic and electromechanical partsMotherboardsMemory products - DRAM modules, solid state, and USB drives.ManufacturingThe 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.R&D CapabilitiesThe company has three dedicated R&D facilities, two of which are located at Chennai and Gurgaon and one in Stuttgart, Germany.

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 Technology Ltd. Financials (Amount in Crore)

Revenue from Operations

₹444.5

31-Mar-21

₹404.9

31-Mar-20

₹357.4

31-Mar-19

Profit After Tax (PAT)

₹28.6

31-Mar-21

₹43.9

31-Mar-20

₹21.0

31-Mar-19

Particulars	31-Mar-19	31-Mar-20	31-Mar-21
Revenue from Operations	357.40	404.88	444.48
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	20.97	43.88	28.62
Net Worth	N/A	N/A	N/A
Total Assets	286.42	346.70	460.01
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered3,81,87,541 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding14,14,10,956 shares

Post-Issue Promoter Holding17,62,29,137 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

syrma.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Dam Capital Advisors Ltd.

ICICI Securities Ltd.

IIFL Capital Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Syrma SGS Technology Ltd. IPO subscribed? ▲

Syrma SGS Technology Ltd. IPO is subscribed 1.00 times by Aug 18, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Syrma SGS Technology Ltd. IPO retail subscription status? ▼

The Syrma SGS Technology Ltd. IPO retail category is subscribed 1.00 times as of 18 Aug 2022. The retail portion is oversubscribed.

How to subscribe Syrma SGS Technology Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 12 Aug 2022 and closes 18 Aug 2022. Min investment: ₹14,960 (1 lot = 68 shares). UPI mandate: 2022-08-18.

How many times Syrma SGS Technology Ltd. IPO subscribed? ▼

The Syrma SGS Technology Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Syrma SGS Technology Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Aug 2022. Refunds: on 24 Aug 2022.

When Syrma SGS Technology Ltd. IPO will be listed? ▼

The Syrma SGS Technology Ltd. IPO listing date is 26 Aug 2022, Friday. Listed on: NSE & BSE. Issue price: ₹220. Estimated listing: ₹220. GMP: NIL.

When Syrma SGS Technology Ltd. IPO close? ▼

The Syrma SGS Technology Ltd. IPO closes on 18 Aug 2022, Thursday. UPI mandate: 2022-08-18. Allotment: 23 Aug 2022. Listing: 26 Aug 2022.

Quick Actions

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Live Price LIVE

Last Price₹220.00

Change—

Issue Price₹220.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹220

Face Value₹10

Lot Size68 Sh

Min. Amount₹14,960

GMPNIL

Est. Listing₹220

Subscribed1.00x

Open Date12 Aug 2022

Close Date18 Aug 2022

Allotment23 Aug 2022

Listing Date26 Aug 2022

ExchangeNSE & BSE

UPI Deadline2022-08-18