Syrma ipo

financial report looks superb and profit is looking good Please check the Syrma SGS IPO subscription status details over here. IPO Subscription Update: • Syrma SGS Technology IPO Subscribed 0.37 times overall in that QIB 0.00, NII 0.13 and Retail 0.69 times on Day 1. • Syrma SGS Technology IPO Subscribed 0.92 times overall in that QIB 0.00, NII 0.74 and Retail 1.56 times on Day 2. • Syrma SGS Technology IPO Subscribed 2.27 times overall in that QIB 0.71, NII 3.58 and Retail 2.66 times on Day 3. • Syrma SGS Technology IPO Subscribed 32.61 times overall in that QIB 87.56, NII 17.50 and Retail 5.53 times on Day 4. IPOWatch View: We recommend investors may apply for an IPO with short-term and long-term views. Investors should also look at the Retail and HNI numbers before investing. You can check the Syrma SGS IPO allotment status here. Syrma SGS Technology IPO Subscription Dates The Syrma SGS Technology IPO date is August 12 and the close date is August 18. The Syrma SGS Technology IPO allotment will be finalized on August 23 and the IPO listing on August 26. 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 Syrma SGS Technology IPO Form How to apply for the Syrma SGS Technology IPO? Y...

Syrma SGS Technologies IPO (initial public offering) opened for subscription on 12th August 2022 and it will remain open for bidding till 18th August 2022. As of 3:50 pm on day 3 of the bidding, the public issue has been subscribed 1.92 times whereas its retail portion has been subscribed 2.44 times, NIIs 2.64x and QIBs 0.56x. Meanwhile, premium of Syrma SGS Technologies shares has surged in grey market. According to market observers, Syrma SGS Technologies shares are available at a premium of ₹40 per share. As per the ₹40, which is ₹15 higher from its Tuesday evening grey market premium of ₹25. Market observers said that the rise in grey market premium of Syrma SGS Technologies shares can be attributed to the positive sentiments at the secondary markets. They said that rise in GMP is expected to continue as there are two more days left for bidding and market sentiments are highly bullish after Dalal Street finished on positive note on sixth straight session on Tuesday. What this GMP mean? Market observers said that Syrma SGS Technologies IPO GMP today is ₹40, which means grey market is expecting Syrma SGS Technologies IPO listing around ₹260 ( ₹220 + ₹40), which is around 18 per cent higher from Syrma SGS Technologies IPO price band of ₹209 to ₹220 per equity share. They said that grey market is currently expecting 18 per cent listing gain from the IPO. However, Syrma SGS Technologies IPO: Apply or not Speaking on Syrma SGS Technologies IPO, Abhay Doshi, Founder at Unlist...

Electronics manufacturing services company Syrma SGS Technology shares were available at more than 20 percent premium in the grey market on August 24, indicating a strong debut for the stock on August 26. Keeping the issue price lower than pre-IPO placement price, better financial performance, strong clients relationship and diversified product portfolio along with experienced promoters could be the reasons for the premium enjoyed by the company in grey market, analysts said. The grey market premium (GMP) for Syrma was around Rs 50-55, or 22-25 percent, over the final issue price of Rs 220 per share, experts said. While the pre-IPO placement price was Rs 290 and the issue price was at a significant discount. The grey market is an unofficial platform for trading. Trading starts with the announcement of the price band of an IPO and continues till the listing of shares. Also read: DreamFolks Services IPO opens today | Should you subscribe to the issue? Syrma SGS Technology raised around Rs 840 crore through its public issue, which was a fresh issue worth Rs 766 crore and an offer for sale of shares worth Rs 74 crore. The company intends to utilise fresh issue money for development of a R&D facility and expansion of manufacturing facilities, working capital requirements, and general corporate purposes. The IPO public was subscribed 32.61 times during August 12-18. Qualified institutional buyers showed great interest in the IPO, as the portion set aside for them was subscri...

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 ₹840 crores via IPO that comprises fresh issue of ₹766 crores and offer for sale up to 3,369,360 equity shares of ₹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. You can check Syrma SGS Technology raised ₹252 crores from anchor investors, ahead of IPO on...

August 23, 2022 (Allotment Today). The refund will be initiated on June 24 and the shares will be credited to the Demat account on June 25. Syrma SGS IPO listing is on June 26. The IPO investors can check their Syrma SGS IPO allotment status online on the Linkintime website or they can check it via their bank account and Demat login as offline mode. Check out here step to step guide from where you can check Syrma SGS IPO allotment status online or offline. Basis of Allotment:Based on the retail subscription the Syrma SGS IPO basis of allotment will be around 11:2 (Approx). In This Article #Step 1: How to check Syrma SGS IPO Allotment Status on Linkintime? • Log on to Linkintime IPO allotment page – • Select IPO Name ‘ Syrma SGS‘ from the drop-down menu bar • Select Option from PAN Number, application Number, or DP ID Option • As per selection add PAN Number, application Number, or Demat Account Number • Click on the ‘Search’ Button • You will be able to see your Syrma SGS IPO allotment status on the screen (mobile/desktop). #Step 2: How to check Syrma SGS IPO Allotment Status on BSE? • Log on to the BSE IPO allotment page – • Select IPO Name ‘ Syrma SGS‘ from the drop-down menu bar • Select Option from PAN Number, application Number, or DP ID Option • As per selection add PAN Number, application Number, or Demat Account Number • Click on the ‘Search’ Button • You will be able to see your Syrma SGS IPO allotment status on the screen (mobile/desktop). #Step 3: How to check S...