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Open
12 Aug 2022
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Close
18 Aug 2022
3
Allotment
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Listing
Fri, Aug 26, 2022
Price Band
₹209 to ₹220
Issue Size
3,81,87,541 shares (agg. up to ₹840 Cr)
Lot Size
68 Shares
Listing Date
Fri, Aug 26, 2022
Latest GMP
₹48
Est. Gain
21.82%
✦ AI Insight
GMP Trend
26-08-2022₹48Est. ₹268+21.82%
25-08-2022₹55Est. ₹275+25%
24-08-2022₹48Est. ₹268+21.82%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 24.10x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 460.01 | 346.70 | 286.42 |
| Total Income | 444.48 | 404.88 | 357.40 |
| Profit After Tax | 28.62 | 43.88 | 20.97 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Tega Industries Ltd. | Mainboard | ₹619.23 Cr | ₹453 | null | ₹726.05 | +60.28% | ₹1,644.50 (+1.20%) |
| Quality RO Industries Ltd. | SME | ₹2.70 Cr | ₹51 | 113 | ₹53.70 | +5.29% | ₹45.90 (-10.00%) |
| BEW Engineering Ltd. | SME | ₹3.97 Cr | ₹58 | null | ₹133.95 | +130.95% | ₹60.15 (-1.64%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements for development of a R&D facility and expansion / setting up of manufacturing facilities | 261.55 |
| 2 | Funding the working capital requirements of the Company | 53.84 |
| 3 | General Corporate Purposes | 191.14 |
| Total | 506.53 |
About Syrma SGS Technology IPO
Incorporated in 2004, Syrma SGS Technology Limited is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization. Product Portfolio Printed circuit board assemblies (PCBA) Radio frequency identification (RFID) products Electromagnetic and electromechanical parts Motherboards Memory products - DRAM modules, solid state, and USB drives. Manufacturing The company operates through eleven manufacturing facilities in north India (i.e. Himachal Pradesh, Haryana, and Uttar Pradesh) and south India (i.e. Tamil Nadu and Karnataka). The manufacturing facilities in Tamil Nadu are located in a special economic zone. The manufacturing facility in Haryana has been set up under the Electronic Hardware Technology Park scheme, which allow the company to avail tax and other benefits. R&D Capabilities The company has three dedicated R&D facilities, two of which are located at Chennai and Gurgaon and one in Stuttgart, Germany.+ Read More
Contact Details
Syrma SGS Technology Ltd. AddressPlot B27, Phase II, Zone BMEPZ-SEZ, Sanatorium, TambaramChennai, Tamil Nadu, 600045022 40363000compliance@syrmasgs.comVisit Website