Syrma SGS Technology IPO GMP, IPO Review, Grey Market Premium 2022
Syrma SGS Technology IPO: Syrma SGS Technology IPO GMP (Syrma SGS Technology Grey Market Premium), Syrma SGS Technology IPO Date, Syrma SGS Technology IPO Review, Syrma SGS Technology IPO Benefits & Risks. We will update Syrma SGS Technology GMP daily. Also, all information related to Syrma SGS Technology IPO like price band, all dates, issue size and retail parts etc. All the important information about Syrma SGS Technology IPO is given below.
Syrma SGS Technology IPO
Syrma SGS Technology Ltd. specializes in the manufacture of high-mix, flexible-volume precision, and designs custom magnetic, memory and RFID solutions that are used in a variety of industries such as automotive, industrial equipment, healthcare, and information technology. Sirma SGS Technology Limited's IPO will hit the market on 12 August 2022. Syrma SGS Technology Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 840 crore through IPO (Initial public offering).
Syrma SGS Technology IPO will open on 12 August 2022 and close on 18 August 2022. The price band of the Syrma SGS Technology IPO is ₹209 to ₹220. Syrma SGS Technology Ltd is looking to raise around ₹840 crores through an initial public offering (IPO). Syrma SGS Technology IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. You will be able to know your IPO allotment status on 23 August 2022 with one click on our website. Syrma SGS Technology's IPO listing date is 26 August 2022. You can know about Syrma SGS Technology Limited IPO GMP (Grey Market Premium) below.
Syrma SGS Technology has given good financial performance. The company made a profit of ₹28.61 crores in the financial year2021. Syrma SGS Technology IPO Size is ₹840 crores. In this IPO, approx 3,369,360 equity shares will be sold under OFS (Offer for sale) and approx ₹766 Crores worth of equity shares will be sold under fresh issue. The IPO of Syrma SGS Technology will be listed on NSE and BSE. Syrma SGS Technology's IPO face value is ₹10 per equity share.
We will talk about Syrma SGS Technology's financial, benefits, and risks of investing in the company.
Read About
What is Syrma SGS Technology IPO GMP Today?
Syrma SGS Technology IPO GMP is 55.
What is the Syrma SGS Technology IPO Date?
Syrma SGS Technology IPO Opening date is 12 August 2022.
What is Syrma SGS Technology IPO Expected Return?
Syrma SGS Technology IPO Expected Returns is approx 20%.
About Syrma SGS Technology Limited
Syrma SGS offers distinctive advantages in lead time, quality, and production flexibility. The company maintains long-term global partnerships to meet the unique needs of its customers. Including mainly inventory management and hubbing, fully coordinating factory-to-market logistics. The company has cultivated an extensive supply ecosystem to keep its material costs as low as possible.
The company mainly does the following:
Product design
The company's collaborative process designs, prototypes, tests, builds, and delivers your product for the best ROI.
Production
The company uses proven turnkey methods to reduce costs, meet all objectives and maintain existing product functionality and quality.
RFID Solutions
Our RFID solutions include custom tags, readers, and software for asset tracking, product authentication, and performance measurement.
Other products
Sirma SGS's end-to-end design process and scalable production capabilities enable us to meet requirements on cost and performance.
Important Links:
Purpose of the offer
- The company in its offer is offering fresh equity shares worth Rs 766 crore and an offer for sale (OFS) of 3,369,360 equity shares by the promoters.
- To prepay/repay all or a part of the dues raised by the company.
- To meet general corporate objectives.
Syrma SGS Technology GMP Today (Grey Market Premium)
[Note: Syrma SGS Technology Ltd IPO GMP is given below]
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| 25 August | ₹55 | ₹600 | ₹3000 |
| 24 August | ₹55 | ₹600 | ₹3000 |
| 23 August | ₹65 | ₹700 | ₹3500 |
| 22 August | ₹65 | ₹700 | ₹3500 |
| 21 August | ₹60 | ₹600 | ₹3000 |
| 20 August | ₹60 | ₹600 | ₹3000 |
| 19 August | ₹45 | ₹400 | ₹2500 |
| 18 August | ₹35 | ₹400 | ₹2500 |
| 17 August | ₹25 | ₹400 | ₹2500 |
| 16 August | ₹25 | ₹400 | ₹2000 |
| 15 August | ₹15 | ₹400 | ₹1000 |
| 14 August | ₹15 | ₹400 | ₹1000 |
| 13 August | ₹15 | ₹400 | ₹1000 |
| 12 August | ₹15 | ₹400 | ₹1000 |
| 11 August | ₹20 | ₹400 | ₹1000 |
| 10 August | ₹20 | ₹400 | ₹1000 |
| 09 August | ₹25 | ₹400 | ₹1000 |
| 08 August | ₹25 | ₹400 | ₹1000 |
| 07 August | ₹25 | ₹400 | ₹- |
| 06 August | ₹25 | ₹400 | ₹- |
👉🏻 Check Other IPO GMP (Grey MarketPremium).
Syrma SGS Technology IPO Date and Price Band Details
Syrma SGS Technology IPO open date: 12 August 2022, Closing date: 18 August 2022, and Listing date: 26 August 2022. The price band of Syrma SGS Technology IPO is ₹209 to ₹220 per share. Syrma SGS Technology's IPO issue size is Rs 840 crores. Syrma SGS Technology Ipo retails portion is 35%, QIB Portion is 50%, and NII Portion is 15%.
| IPO Open: | 12 August 2022 |
| IPO Close: | 18 August 2022 |
| Listing Date: | 26 August 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹840 Crores |
| Fresh Issue: | Approx ₹766Crores |
| Offer For Sale: | Approx 3,369,360 Eq. Shares |
| Price Band: | ₹209 to ₹220 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Syrma SGS Technology IPO Market Lot & Size
Syrma SGS Technology IPO's minimum lot size is 68 shares with ₹14,960 application amount and the maximum lot size is 884 shares with ₹194,480 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 68 Shares |
| Minimum Amount: | ₹14,960 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 884 Shares |
| Maximum Amount: | ₹194,480 |
Syrma SGS Technology IPO Allotment & Listing Date
| Ipo Opening Date: | 12 August 2022 |
| IPO Closing Date: | 18 August 2022 |
| Basis of Allotment: | 23 August 2022 |
| Refund Date: | 24 August 2022 |
| Credit to Demat Account: | 25 August 2022 |
| Listing Date: | 26 August 2022 |
Syrma SGS Technology IPO Review
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Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Ltd: Apply
- Reliance Securities: Apply
Syrma SGS Technology Ipo Review
[Note: Rated by Happiest Post]
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company is focusing on product quality and client connections.
- The financial performance of the company has been good.
- The company has a diverse portfolio of product and service solutions.
- The company is emerging with strong R&D capabilities.
- The company has a presence not only in the country but across the globe.
- The company maintains long-term global partnerships to meet the unique needs of its customers.
- The company has an experienced management team and directors.
Risks
- The company doesn't have long-term contracts with its customers, which is a negative thing for the company.
- The company has to spend a lot of money to maintain the quality of its product.
- The impact of the COVID-19 pandemic on the company is still unknown.
- The company's business may be affected by the challenges faced by the company abroad.
Syrma SGS Technology Financials
Syrma SGS Technology Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| Mar 19 | ₹286.42 | ₹357.39 | ₹20.97 |
| Mar 20 | ₹346.69 | ₹404.88 | ₹43.88 |
| Mar 21 | ₹460.01 | ₹444.48 | ₹28.61 |
| Sep 21 | ₹494.53 | ₹135.27 | ₹5.56 |
Promoters
The promoters of the company are:
- Sandeep Tandon
- Jasbir Singh Gujral
- Veena Kumari Tandon
- Tancom Electronics Private Limited.
Contact Details of Syrma SGS Technology
Syrma SGS Technology Limited
Unit No. 601, 6th Floor,
Floral Deck Plaza, MIDC,
Andheri (East), Mumbai,
Maharashtra 400 093, India
Tel:+91 22 40363000
E-mail: compliance@syrmasgs.com
Website: www.syrmasgs.com
Syrma SGS Technology Lead Managers
- IIFL Securities Limited
- ICICI Securities Limited
- DAM Capital Advisors Limited
Syrma SGS Technology IPO Registrars
Link Intime India Private Limited
C 101, 247 Park L.B.S. Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91 22 4918 6200
E-mail: syrma.ipo@linkintime.co.in
Website: www.linkintime.co.in
Conclusion
Looking at the financial position of Syrma SGS Technology Limited, the company has a good financial track record. The company has made a profit of ₹ 28.61 crores in the financial year 2021. A big question is whether the company will continue to be profitable in the years to come. Dixon Technology and Amber Enterprises, which is the rival of this company, are already listed. We suggest that you apply for Sirma SGS Technology Limited IPO for the long term. If you are not afraid to take risks then you can apply for listing gains. Syrma SGS Technology Ltd's financial statement and other information are given above. Syrma SGS Technology Ltd's financial statement and other information are given above.
Syrma SGS Technology IPO FAQs
What is Syrma SGS Technology IPO GMP Today?
Syrma SGS Technology IPO GMP is ₹55 as of today.
What is Syrma SGS Technology IPO Opening Date?
Syrma SGS Technology IPO Opening date is 12 August 2022.
What is the Syrma SGS Technology IPO Closing Date?
Syrma SGS Technology IPO Closing date is 18 August 2022.
What is the Syrma SGS Technology IPO Allotment date?
Syrma SGS Technology IPO Allotment Date is 23 August 2022.
What is Syrma SGS Technology IPO Listing Date?
Syrma SGS Technology IPO Date is 26 August 2022.
What is Syrma SGS Technology IPO Kostak Rate?
Syrma SGS Technology IPO Kostak rate is ₹600.
What is Syrma SGS Technology IPO Expected Returns?
Syrma SGS Technology IPO Expected Returns is 15%.
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For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Syrma SGS Technology IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Syrma SGS Technology Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, that you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
We hope you like this article about Syrma SGS Technology IPO. If you have a query about Syrma SGS Technology IPO Please post a comment.
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