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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Syrma SGS Technology Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹220
Per ShareLot Size
68 Shares
Minimum Investment
₹14,960
Issue Size
₹836.42 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
57.12%
Issue Type
Book Building
ISIN
INE0DYJ01015
Syrma SGS Technology Limited is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services, specialising in precision manufacturing for diverse end-use industries. According to the F&S Report, among the large bouquet of EMS players in India, the company is one of the fastest growing Indian-headquartered ESDM companies. The Company has a track record of technical innovation which involves working with the engineering teams of its marquee customers, and over the years, it has evolved to provide integrated services and solutions to OEMs, from the initial product concept stage to volume production through concept co-creation and product realization.
Electronics production in India is estimated at Rs. 4,975 Billion (USD 67 Billion) in FY21 and is expected to grow at a CAGR of 32.3% to reach Rs. 20,133 Billion (USD 272 Billion) by FY26. India has the potential to be one of the most attractive manufacturing destinations and support the objective of `Make in India for the World'. Government and Industry needs to collaborate and drive initiatives to help India move among top 5 countries in electronics production and among top 3 in electronics consumption.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 38,187,541* equity shares of face value of Rs. 10 each ("Equity Shares") of the company ("The Company" or the "Issuer") for cash at a price of Rs. 220 per equity share (including a premium of Rs. 210 per equity share) ("Offer Price") aggregating to Rs. 840.13 crores*. The offer comprises of a fresh issue of 34,818,181* equity shares aggregating to Rs. 766.00 crores ("Fresh Issue") and an offer for sale of 3,369,360 equity shares by Veena Kumari Tandon (the "Selling Shareholder", and such equity shares, "Offered Shares") aggregating to Rs. 74.13 crores* ("Offer for Sale", and together with the fresh issue, "Offer"). The offer will constitute 21.67% of the post-offer paid-up equity share capital. The company has, in consultation with the brlms, undertaken the pre-ipo placement of 3,793,103 equity shares at a price of Rs. 290.00 per equity share (including a premium of Rs. 280.00 per equity share) aggregating to Rs. 110.00 crores. Offer Price Rs. 220 per share of face value of Rs. 10 each. The offer price is 22 times of face value. * Subject to finalisation of the basis of allotment.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Syrma SGS Technology Limited ("Company" or "Issuer") was incorporated as `Syrma Technology Private Limited' pursuant to a certificate of incorporation dated August 23, 2004, issued by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). Thereafter, pursuant to a resolution passed by its Shareholders in the extraordinary general meeting held on August 28, 2021, the name of the Company was changed from `Syrma Technology Private Limited' to `Syrma SGS Technology Private Limited', and consequently, a fresh certificate of incorporation dated September 14, 2021, was issued by the RoC to the Company. Thereafter, the Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of its Shareholders held on October 6, 2021, and the name of the Company was changed to Syrma SGS Technology Limited, and a fresh certificate of incorporation dated October 20, 2021, was issued to the Company by the RoC.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.