HomeIPOSyrma SGS Technology IPO Details

Syrma SGS Technology IPO Details

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Syrma SGS Technology IPO subscription is to open on 12 August 2022 and will close on 18 Aug 2022, the price band of the Syrma SGS Technology IPO is fixed at ₹ 209 – ₹ 220. Syrma SGS technology is engaged in turnkey electronics manufacturing services (“EMS”), specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries. Check the Syrma SGS Technology IPO Subscription Status & Allotment Status.

About Syrma SGS Technology

Syrma SGS is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services (“EMS”), specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries. According to the F&S Report, among the large bouquet of EMS players in India, Syrma SGS Technology is one of the fastest growing Indian-headquartered ESDM companies.

The company has a track record of technical innovation which involves working with the engineering teams of the marquee customers, and over the years, we have evolved to provide integrated services and solutions to OEMs, from the initial product concept stage to volume production through concept co-creation and product realization. The manufacturing infrastructure enables to undertake a high mix of products with flexible production volume requirements. Syrma SGS Technology is leaders in high mix low volume product management and are present in most industrial verticals.

Syrma SGS Technology is one of the leading PCBA manufacturers in India, supplying to various OEMs and assemblers in the market. The company is also amongst the top key global manufacturers of custom RFID tags. The current product portfolio may be categorised as follows:

  • Printed circuit board assemblies (“PCBA”): The PCBAs are used in products manufactured in the automotive, medical, industrial, IT and consumer products industries, and shall include box-build products;
  • Radio frequency identification (“RFID”) products: The RFID products are used in products manufactured in the shipping, healthcare, manufacturing, retail and fintech industries;
  • Electromagnetic and electromechanical parts, which include magnetic products like chokes, inductors, magnetic filters, transformer as well as high volume manufacturing assemblies: The electromagnetic and electromechanical parts are used in products manufactured in the automotive, industrial appliances, consumer appliances and healthcare industries, among others; and
  • Other products, which include motherboards, DRAM modules, solid state drives, USB drives and other memory products.

Objects of the Issue

  • Funding capital expenditure requirements for development of a R&D facility and expansion / setting up of manufacturing facilities
  • Funding our working capital requirements
  • General corporate purposes.

Syrma SGS Technology Limited Financials:

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Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in million)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 9,147.26 4,600.08 3,466.95
Total income 6,545.05 4,444.80 4,048.82
Total Expenses 6,066.10 4,081.44 3,470.52
Profit After Tax 306.07 286.15 438.80

Syrma SGS Technology IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto [.] Equity Shares of ₹ 10 (aggregating up to ₹ 840 crore)
Issue Open  Date12-Aug-22
Issue Close Date18-Aug-22
Issue TypeBook Building
IPO Price Band₹ 209 – ₹ 220
Face Value ₹ 10
Market Lot 68 Equity Shares and in multiples thereof
Minimum Order Quantity 68 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolSYRMA
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Syrma SGS Technology IPO DRHP & RHP

Syrma SGS Technology IPO DRHP
Syrma SGS Technology IPO RHP

Syrma SGS Technology IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum168₹ 14,960
Maximum13884₹ 1,94,480

Syrma IPO Lead Managers

  • DAM Capital Advisors Limited
  • ICICI Securities Limited
  • IIFL Securities Limited

Syrma IPO Registrar

Syrma SGS Technology IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on12-Aug-22
Bid / Offer Closes on18-Aug-22
Finalisation of Basis of Allotment23-Aug-22
Initiation of refunds 24-Aug-22
Credit of the Equity Shares25-Aug-22
Listing Date26-Aug-22

Company Corporate Office

Plot B27, Phase II, Zone B,
MEPZ-SEZ, Sanatorium,
Tambaram, Chennai,
Tamil Nadu 600 045, India
www.syrmasgs.com

Company Registered Office

Unit No. 601, 6th Floor,
Floral Deck Plaza, MIDC,
Andheri (East), Mumbai,
Maharashtra 400 093, India

Company Promoters

  • Sandeep Tandon
  • Jasbir Singh Gujral
  • Veena Kumari Tandon and
  • Tancom Electronics Private Limited

Syrma SGS Technology IPO – FAQS

What is the Syrma SGS Technology IPO Price?

The Syrma SGS Technology IPO price band is ₹ 209 – ₹ 220 per share

When Syrma SGS Technology IPO will open?

The Syrma SGS Technology IPO opens on Aug 12, 2022 and closes on Aug 18, 2022

What is the lot size of Syrma SGS Technology IPO?

The Syrma SGS Technology IPO lot size is 68 Equity Shares and the minimum order quantity is 68 Equity Shares

Who is the Registrar for Syrma SGS Technology IPO?

The Registrar for Syrma SGS Technology IPO is Link Intime India Private Limited

How to apply in Syrma SGS Technology IPO through UPI?

Check the step by step process here – Click here

How to apply in Syrma SGS Technology IPO through Zerodha?

Check the step by step process here – Click here

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