Chennai-based engineering and design company Syrma SGS Tech is going will launch its IPO on Friday, 12 August 2002. Syrma SGS is one of the leading Electronics system design and manufacturing companies with a focus on technology-based solutions and Original design manufacturer business. The company is looking to raise up to Rs 840 crore through the public issue.
The company’s manufacturing facilities in Tamil Nadu are placed in SEZs, allowing them to take advantage of specific tax and other incentives in relation to the products manufactured at these facilities. As per the Red Herring Prospectus (RHP) of Syrma SGS Technology IPO, the public issue will remain open for bidding till 18th August 2022. The anchor book will be opened for a day on August 11.
Through its pre-IPO placement, Syrma SGS Technology has already raised Rs 110 crore for 37.93 lakh shares before filing the red herring prospectus. The said fundraising was at a price of Rs 290 per share, a 32 percent premium to the issue price of Rs 220.
Shares: Minimum:68 Shares& Maximum 884 Shares in the retail category.
Minimum Amount: ₹14,960
Maximum Amount: ₹194,480
Syrma SGS Technology Ltd IPO Allotment & Listing:
Basis of Allotment: 23 August 2022
Refunds: 24 August 2022
Credit to Demat accounts: 25 August 2022
Listing: 26 August 2022
Syrma SGS Technology Ltd IPO Form Download:
How to apply for the SGS Technology IPO? You can apply for SGS Technology IPO via ASBA available in your bank account. Go to the online bank login and apply via your bank account by selecting the SGS Technology IPO in the Invest section. The other option is you can apply for SGS Technology IPO via IPO forms downloaded via NSE and BSE. Check out the Syrma SGS forms – click BSE Forms
& NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
ICICI Securities Limited
IIFL Securities Ltd
Company Address:
Syrma SGS Technology Ltd Plot B27, Phase II, Zone B, MEPZ-SEZ, Sanatorium, Tambaram, Chennai 600 045 Phone: 022 40363000 Email: [email protected] Website: https://syrmasgs.com/
What is Syrma SGS Technology IPO Open Date for QIB, NII, and Retail?
Syrma SGS IPO is a main-board IPO. They are going to raise ₹- Crores via IPO. The issue is priced at ₹209 to ₹220 per equity share. The IPO is to be listed on BSE & NSE.
How to Apply for Syrma SGS Technology IPO?
You can apply for Syrma SGS IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Syrma SGS Technology IPO Size?
Syrma SGS IPO size is ₹840 cr
Syrma SGS Technology IPO Price Band?
Syrma SGS IPO Price Band is ₹209 to ₹220.
Syrma SGS Technology IPO Minimum Lot Size?
The minimum bid is 68 Shares with a ₹14,960 amount
What is Syrma SGS Technology IPO Allotment Date?
Syrma SGS Tech IPO allotment date is 23rd August 2022.
What is Syrma SGS Technology IPO Listing Date?
Syrma SGS Tech IPO listing date is 26th August 2022. The IPO is to list on BSE and NSE.
