Syrma SGS Technology Ltd. is an engineering and design company engaged in electronics manufacturing services (EMS). It provides integrated services and solutions to original equipment manufacturers (OEMs) across industries such as industrial appliances, automotive, healthcare, consumer products and IT industries. Catering to some of the marquee names in the industry such as TVS Motors, A. O. Smith, Eureka Forbes, Hindustan Uniliver, etc.
The company’s product portfolio includes printed circuit board assemblies (PCBA), radio frequency identification products (RFID) and other products such as motherboards, DRAM modules, solid state drives, USB drives and other memory products, among others.
The public offer of Syrma SGS Technology comprises a fresh issue of equity shares aggregating up to Rs. 766 crores and an offer for sale of 33.69 lakh equity shares from existing shareholders.
Financial Snapshot:
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|
| March 2020 | 404.88 | 43.88 | 6.19 |
| March 2021 | 444.48 | 28.615 | 3.32 |
| March 2022 | 654.51 | 30.607 | 2.67 |
For more information, you can check out the IPO Prospectus filed by the company:
IPO Details
| Issue Period | 12th August 2022 to 18th August 2022 |
|---|---|
| Price Range | Rs. 209 - 220 |
| Minimum Bid Quantity | 68 and in multiples thereof |
| Finalization of Allotment | 23rd August 2022 |
| Initiation of Refunds | 24th August 2022 |
| Credit of Shares | 25th August 2022 |
| Date of Listing | 26th August 2022 |
| Mandate end date | 2nd September 2022 |
| Anchor Investors Lock-in End Date | To Be Confirmed |
How do I apply to the Syrma SGS Technology IPO?
You can apply for the Syrma SGS Technology IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Syrma SGS Technology IPO?
You can check the allotment status for the Syrma SGS Technology IPO on the website of the Registrar and Transfer agent .
Alternatively, you can also check the allotment status on the NSE website.