Syrma SGS is one of the leading Electronics system design and manufacturing companies focusing on technology-based solutions and Original design manufacturing business. The GMP of Syrma SGS IPO is changing a lot every hour, therefore we have made a dedicated page to track it. Check out Syrma SGS Technology IPO Grey Market Premium aka Syrma SGS Technology IPO GMP, Kostak rates, and Subject to Sauda rates as of today.
Shares: Minimum:68 Shares& Maximum 884 Shares in the retail category.
Minimum Amount: ₹14,960
Maximum Amount: ₹194,480
Syrma SGS Technology IPO Allotment & Listing :
Basis of Allotment: 23 August 2022
Refunds: 24 August 2022
Credit to Demat accounts: 25 August 2022
Listing: 26 August 2022
About Syrma SGS Technology
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’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.
“Their financial position illustrates not only the growth of their operations over the years but also the effectiveness of the administrative and costs management protocols that they have implemented,” Axis Securities said.
– IPO Grey Market Premium (Syrma SGS TechnologyIPO GMP) mention is valid for the specific date as mentioned in the header. – We are not buying and selling IPO forms on IPO Grey Market. – Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue. – Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the Fundamentals of the companies.
