The engineering and design based electronics manufacturing services (“EMS”) company Syrma SGS Technology IPO (Syrma IPO) will open on 12 August 2022 and closes on 18 August 2022. The company fund raise ₹840.12 crore through this IPO. The IPO will have a fresh issue of ₹766.00 crore and an offer for sale of 3,369,360 Shares. The company fixed the price band of this IPO at ₹209 to ₹220 Per Share.
The company has reserved 50% for QIB, 35% for retail and 15% for NII in this IPO.
Syrma SGS Technology Limited is a chennai based technology-focussed engineering and design company engaged in turnkey electronics manufacturing services (“EMS”). The company specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries. The company one of the fastest growing Indian-headquartered ESDM companies and the large bouquet of EMS players in India. You can check here to know Syrma SGS Technology IPO GMP and Syrma SGS Technology IPO subscription status here.
The company 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. The company one of the leading PCBA manufacturers in India, supplying to various OEMs and assemblers in the market.
Company current product portfolio :
- Printed circuit board assemblies (“PCBA”): The company PCBAs are used in products manufactured in the automotive, medical, industrial, IT and consumer products industries, and shall include box-build products,
- Radio frequency identification (“RFID”) products: The company RFID products are used in products manufactured in the shipping, healthcare, manufacturing, retail and fintech industries.
- Electromagnetic and electromechanical parts: which include magnetic products like chokes, inductors, magnetic filters, transformer as well as high volume manufacturing assemblies Our electromagnetic and electromechanical parts are used in products manufactured in the automotive, industrial appliances, consumer.
- Appliances and healthcare industries.
- Other products: which include motherboards, DRAM modules, solid state drives, USB drives and other memory products.
Company Manufacturing Keyline :
- manufacture of hall sensor PCBAs in 2007
- manufactured high precision coils for hard disk drives starting in 2005 and USB drives in 2008.
- manufactured set top boxes from 2008
- manufacturing of vehicle tracking systems and toll management systems in 2009
- manufacturing of GSM antennae from 2008 to 2012
- manufacture 4G and LTE antennae in 2016
- manufacturing of controllers of the EV battery management systems in 2020
- currently undertaking manufacture of modules for 5G technology infrastructure
| Read also: Upcoming IPO List 2022 |
The Company currently operate through eleven strategically located manufacturing facilities in north India (i.e. Himachal Pradesh, Haryana and Uttar Pradesh) and south India (i.e. Tamil Nadu and Karnataka). The company manufacturing facilities in Tamil Nadu are located in a special economic zone and our manufacturing facility in Haryana has been set up under the Electronic Hardware Technology Park scheme, which allow us to avail certain tax and other benefits in respect of the products manufactured out of these facilities. In addition, company manufacturing facilities are strategically located in Tamil Nadu, Karnataka and Haryana.
Object Of the Issue :
- Funding capital expenditure requirements for development of a R&D facility and expansion / setting up of manufacturing facilities
- Funding our long term working capital requirements
- General corporate purposes.
Company Strengths :
- One of the leading design and electronic manufacturing services companies in terms of revenue in Fiscal 2021, driven by our focus on quality and customer relationships.
- Consistent track record of financial performance.
- Diversified and continuously evolving and expanding product portfolio and service offerings catering to customers across various industries. backed by strong R&D capabilities.
- Established relationships with marquee customers across various countries.
- State-of-the-art manufacturing capabilities supported by a global supplier network, with a focus on vertical integration.
- Experienced promoters supported with senior management team with proven track record of performance.
Syrma SGS Technology IPO Review :
■ Apply For Listing Gain & Long Term
Syrma SGS Technology IPO Date & Price Band & Details :
| IPO Open : | 12 August 2022 |
| IPO Close : | 18 August 2022 |
| IPO Size : | ₹840.12 Cr |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹209–₹220 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹840.12. Cr |
| Fresh Issue : | ₹766.00. Cr |
| Offer For Sale : | ₹74.12. Cr |
Syrma SGS Technology IPO Market Lot :
Syrma SGS Technology IPO Minimum Market lot is 1 Lot with 68 shares with ₹14960 Application amount. The retail investors can apply up to 13 lots with 884 Shares or ₹194,480 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 68 Shares |
| Minimum Amount : | ₹14960 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 884 Shares |
| Maximum Amount : | ₹194,480 |
Syrma SGS Technology IPO Shares Offer :
A Total of 38,187,542 shares are to be bid for the public issue by Syrma SGS Technology IPO with 34,818,182 for Fresh issue and 33,69,360 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 34,818,182 | ₹766.00 Cr |
| Offer For Sale : | 33,69,360 | ₹74.12 Cr |
| Total : | 38,187,542 | ₹840.12 Cr |
Syrma SGS Technology IPO Reservation :
Syrma SGS Technology IPO Total Reservation of 38,187,542 shares are to be bid for the public issue by Syrma SGS Technology IPO with 19,093,771 for QIB and 57,28,131 for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 19,093,771 | ₹420.06 Cr |
| NII : | 15% | 57,28,131 | ₹126.02 Cr |
| RII : | 35% | 13365640 | ₹294.04 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 38,187,542 | ₹840.12 Cr |
Syrma SGS Technology IPO EPS :
The Syrma SGS Technology company’s EPS growth is Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2022 | ₹5.25 |
| 2021 | ₹3.32 |
| 2020 | ₹6.19 |
| 2019 | ₹2.96 |
Syrma SGS Technology IPO Peer Comparison PE :
The Syrma SGS Technology, According to DRHP of the company only few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Dixon Technologies Limited | 201.96 |
| 2. | Amber Enterprises India Limited | 131.02 |
Syrma SGS Technology IPO Dates :
Syrma SGS Technology IPO Date is 12 August to 18 August 2022. The allotment will be finalized on 23 August 2022 and the IPO may list on 26 August 2022.
| Open Date : | 12 August 2022 |
| Close Date : | 18 August 2022 |
| Allotment Date : | 23 August 2022 |
| Refund Date : | 24 August 2022 |
| Share Credit Date : | 25 August 2022 |
| Listing Date : | 26 August 2022 |
Syrma SGS Technology IPO Form :
There are two ways to apply in Syrma SGS Technology IPO. You can apply for Syrma SGS Technology IPO through ASBA available in your bank account. You have to go to your online bank login and select Syrma SGS Technology IPO in the Invest section and apply through your bank account. Another option is you can apply for Syrma SGS Technology IPO through IPO form download through NSE and BSE. See the Syrma SGS Technology IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Syrma SGS Technology Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹4,444.80 | ₹4,081.44 | ₹286.15 |
| 2020 | ₹4,048.82 | ₹3,470.52 | ₹438.80 |
| 2019 | ₹3,573.95 | ₹3,300.98 | ₹209.67 |
Company Promoters :
■ Sandeep Tandon
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Syrma SGS Technology IPO Lead Managers :
■ DAM Capital Advisors Limited
■ ICICI Securities Limited
■ IIFL Securities Limited
Syrma SGS Technology IPO Registrar :
Link Intime India Private Limited
C 101, 247 Park L.B.S. Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91 22 4918 6200
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Syrma SGS Technology IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Syrma SGS Technology Limited
Unit No. 601, 6th Floor,
Floral Deck Plaza, MIDC,
Andheri (East), Mumbai,
Maharashtra 400 093, India
Telephone: +91 22 40363000
E-mail: [email protected]
Website: www.syrmasgs.com
Syrma SGS Technology IPO FAQs :
What is Syrma SGS Technology IPO?
Syrma SGS Technology IPO is Mainboard IPO. They are going to raise ₹840.12. Crores via IPO. The issue is priced at ₹209-₹220 per equity share. The IPO is to be listed on NSE, BSE.
When Syrma SGS Technology IPO will open?
The IPO is to open on 12 August – 18 August 2022 for QIB, NII & RII.
What is Syrma SGS Technology IPO Size?
Syrma SGS Technology IPO size is ₹840.12 Crores.
What is the Fresh issue size of Syrma SGS Technology IPO?
The Fresh issue size of Syrma SGS Technology IPO ₹766.00 Cr.
What is the Offer For Sale size of Syrma SGS Technology IPO?
The Offer For Sale size of Syrma SGS Technology IPO ₹74.12 Cr.
What is Syrma SGS Technology IPO Price Band?
Syrma SGS Technology IPO Price Band is ₹209-₹220 Per share.
What is Syrma SGS Technology IPO Minimum and Maximum Lot Size?
The minimum 68 Shares with ₹14,960 amount while the maximum 884 shares with ₹194,480.
What is Syrma SGS Technology IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Syrma SGS Technology IPO Allotment Date?
Syrma SGS Technology IPO allotment date is 23 August 2022.
What is Syrma SGS Technology IPO Listing Date?
Syrma SGS Technology IPO listing date is 26 August 2022. The IPO to list on NSE, BSE.
How to Apply the Syrma SGS Technology IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Syrma SGS Technology IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Syrma SGS Technology IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Syrma SGS Technology IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Syrma SGS Technology IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Syrma SGS Technology IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Syrma SGS Technology IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Syrma SGS Technology IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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