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SYRMAEQ / NSE, BSEListed
Syrma SGS Technology

Incorporated in 2004, Syrma SGS Technology Limited is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS), offering integrated solutions to OEMs from product concept to volume production through concept co-creation and product realization. Its product portfolio includes printed circuit board assemblies (PCBA), RFID products, electromagnetic and electromechanical parts, motherboards, and memory products such as DRAM modules, solid-state drives, and USB drives. The company operates eleven manufacturing facilities across Himachal Pradesh, Haryana, Uttar Pradesh, Tamil Nadu, and Karnataka, with units in Tamil Nadu located in an SEZ and one in Haryana under the Electronic Hardware Technology Park scheme, enabling tax and operational benefits. Syrma SGS also has strong R&D capabilities supported by three dedicated R&D centres—two in Chennai and Gurgaon, and one in Stuttgart, Germany.

₹220 - ₹22032.61x sub
Listed Price₹260.00
Listing Gain+18.18%

IPO Schedule & Timeline

Bookbuilding IPO
Open12 Aug 2022
Close18 Aug 2022
Allotment23 Aug 2022
Listing26 Aug 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,90,93,769 shares
50%
Nii (hni)57,28,132 shares
15%
Retail1,33,65,640 shares
35%

Minimum Application Lots

Retail1 Lot (68 shares)
₹14,960
sHNI14 Lots (952 shares)
₹2,09,440
bHNI67 Lots (4,556 shares)
₹10,02,320

Company Promoters

Sandeep TandonJasbir Singh GujralVeena Kumari TandonTancom Electronics Private Limited

Company Background

Incorporated in 2004, Syrma SGS Technology Limited is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS), offering integrated solutions to OEMs from product concept to volume production through concept co-creation and product realization. Its product portfolio includes printed circuit board assemblies (PCBA), R...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-19)₹357.4 Cr
Growth-19.6%
Revenue Trend (₹ in Crores)
0.0170.4340.8511.2Mar-21Mar-20Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-19357.420.97286.420
Mar-20404.8843.88346.70
Mar-21444.4828.62460.010

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
23 Aug 2022
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
26 Aug 2022

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

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Allotment Schedule & Milestones

IST
1. Allotment Finalization23 Aug 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date26 Aug 2022Trading commences on exchange

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Prospectus & Official Filings

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About Syrma SGS Technology IPO

Complete issue overview for Syrma SGS Technology (SYRMA) IPO. The issue features an equity share price band of ₹220 per share with a minimum retail lot size of 68 Shares (minimum application amount of ₹14,960). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions