Syrma SGS Technology IPO date is fixed yet, the IPO is to open on August 12 and will close on August 18, 2022. Syrma SGS IPO to raise around Rs 840 crores via IPO that comprises fresh issue of Rs 766 crores and offer for sale up to 3,369,360 equity shares of Rs 10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Syrma SGS Technology Limited is a technology-focused engineering and design company engaged in turnkey electronics manufacturing services (EMS). The company is based in Chennai, incorporated in 2004. Syrma provides high-mix, flexible volume, precision OEM manufacturing. They are one-stop-solution electronics manufacturing services (EMS) including product design, quick prototyping, PCB assembly, Box build, repair & rework, and automatic tester development services. Syrma SGS also offers OEM solutions for RFID tags & inlays and high-frequency magnetic components. We serve global OEMs in 20+ countries and have supplied several hundreds of million units.
The product portfolio includes Printed circuit board assemblies (PCBA), Radio frequency identification (RFID) products, Electromagnetic and electromechanical parts, Motherboards, Memory products – DRAM modules, solid state, USB drives. They have manufacturing facilities in Himachal Pradesh, Haryana, Uttar Pradesh, Tamil Nadu and Karnataka. They have dedicated R&D facilities in Chennai, Gurgaon and in Stuttgart, Germany too.
Syrma SGS Technology IPO Date & Price Band
| Syrma SGS Technology IPO Open: | August 12, 2022 |
| Syrma SGS Technology IPO Close: | August 18, 2022 |
| Syrma SGS Technology IPO Size: | Approx Rs 840 Crores |
| Fresh Issue: | Approx Rs 766 Crores |
| Offer for Sale: | Approx 3,369,360 Equity Shares |
| Face Value: | Rs 10 Per Equity Share |
| Syrma SGS Technology IPO Price Band: | Rs 209 to Rs 220 Per Share |
| Syrma SGS Technology IPO Listing on: | BSE & NSE |
Syrma SGS Technology IPO Market Lot
| Minimum Lot Size: | Minimum 68 Shares for 1 lot |
| Minimum Amount: | Rs 14,960 for 1 lot |
| Maximum Lot Size: | Maximum 884 Shares for 13 lot |
| Maximum Amount: | Rs 194,480 for 13 lot |
Syrma SGS Technology IPO Allotment & Listing Dates
| Price Band Announcement: | August 8, 2022 |
| Anchor Investors Allotment: | August 11, 2022 |
| Syrma SGS Technology IPO Open Date: | August 12, 2022 |
| Syrma SGS Technology IPO Close Date: | August 18, 2022 |
| Basis of Allotment: | August 23, 2022 |
| Refunds: | August 24, 2022 |
| Credit to Demat Account: | August 25, 2022 |
| Syrma SGS Technology IPO Listing Date: | August 26, 2022 |
