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Open
30 Jun to 5 Jul, 2023
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Close
30 Jun to 5 Jul, 2023
3
Allotment
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Listing
Thu, Jul 13, 2023
Price Band
₹237 per share
Issue Size
22,80,000 shares (agg. up to ₹54 Cr)
Lot Size
600 Shares
Listing Date
Thu, Jul 13, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.69x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 53.80 | 42.80 | 37.60 | 33.26 |
| Total Income | 34.47 | 50.97 | 34.80 | 22.11 |
| Profit After Tax | 5.25 | 4.32 | 2.36 | 1.82 |
| NET Worth | 24.02 | 18.77 | 14.44 | 12.08 |
| Reserves and Surplus | 17.02 | 11.77 | 7.44 | 5.08 |
| Total Borrowing | 19.59 | 14.10 | 11.95 | 12.90 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Veefin Solutions Ltd. | SME | ₹46.73 Cr | ₹82 | 41.41 | ₹90.22 | +10.02% | ₹228.00 |
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹887.85 |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹638.45 |
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹60.35 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of certain Borrowings; | 5.00 |
| 2 | Funding additional Working capital requirements | 17.58 |
| 3 | Investment in Strategic Acquisition / Joint Venture; and | 5.30 |
| 4 | General Corporate Purposes | 6.70 |
About Synoptics Technologies IPO
Updated on Aug 5, 2026
Contact Details
Synoptics Technologies Ltd. Address301, A-Wing, 3rd FloorInterface 16, MindspaceMalad (West)Mumbai, Maharashtra, 400064+91 22 4505 0000cs@synoptics.co.inVisit Website