Syrma SGS Tech.
CMP
475.60
+5.70 (1.21%)
- DRHP
₹220
Offer Price
₹ 840.13 Cr
Issue Size
₹ 14,960
Min Investment
15.59x
Times Subscribed
68
Lot size
Time Line
-
12Aug 2022Open
-
18Aug 2022Close
-
23Aug 2022Finalisation of Basis of Allotment
-
24Aug 2022Initiation of Refunds
-
25Aug 2022Transfer of Shares to Demat Account
-
26Aug 2022Listing Date
Shares Offered
Number of Times Subscribed
Day 4
18 Aug 2022
15.59x
QIB
87.56
NIB
7.13
Retail
2.84
Employee
0.00
Day 3
17 Aug 2022
1.09x
QIB
0.71
NIB
1.56
Retail
1.31
Employee
0.00
Day 2
16 Aug 2022
0.46x
QIB
0.00
NIB
0.41
Retail
0.77
Employee
0.00
Day 1
12 Aug 2022
0.15x
QIB
0.00
NIB
0.06
Retail
0.29
Employee
0.00
Objects of the Offer
-
Solidify and strengthen its core competitiveness of technology innovation
-
Pursue inorganic growth through strategic acquisitions
-
Expand its customer base and geographic reach
-
Increase its wallet share from existing customers
-
Cater to more end-use industries
Products & Services
-
The Company is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services, specialising in precision manufacturing for diverse end-use industries.
Strengths
-
one of the leading design and electronic manufacturing services companies in terms of revenue in Fiscal 2021, driven by its 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;
Company Promoters
Promoters Holding
Issue For IPO
57.12%
Pre Holding
57.12%
Post Holding
-
Top Promoters Holding
Financials
All values in Cr
| Mar-2023 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 2,048.39 (100.90%) | 13.58 (-) | 7.98 (-41.20%) | |
| Gross Profit | 2,048.39 (100.90%) | 13.58 (-) | 7.98 (-41.20%) | |
| Net Income | 2,048.39 (100.90%) | 13.58 (-) | 7.98 (-41.20%) | |
| Assets | 2,048.39 (100.90%) | 13.58 (-) | 7.98 (-41.20%) | |
| Liabilities | 2,048.39 (100.90%) | 13.58 (-) | 7.98 (-41.20%) |
Peers
| Company Name | Revenue (Cr) | Net Profit (Cr) | Assets (Cr) | Liabilities (Cr) | ROE | EPS | BVPS | Current Ratio | Debt to Assets |
|---|---|---|---|---|---|---|---|---|---|
| Syrma SGS Technology Ltd | 1,019.72 | 55.54 | 811.45 | 239.39 | 13.58 | 4.04 | 41.57 | 1.94 | 0.27 |
| Dixon Technologies (India) Ltd | 10,697.08 | 190.17 | 4,277.17 | 4,277.17 | 19.07 | 32.00 | 168.04 | 4.44 | 0.46 |
| Amber Enterprises India Ltd | 4,206.40 | 109.19 | 4,912.46 | 4,912.46 | 6.29 | 32.41 | 526.17 | 2.22 | 0.59 |
Book Running Managers
- Dam Capital Advisors Ltd
- ICICI Securities Ltd
- IIFL Securities Ltd
Registrar & Transfer Agent
Link Intime India Pvt Ltd
C-101 247 Park,L B S Marg,
Vikhroli West - Mumbai-400083 Phone : 91-22-49186000 Fax: 91-22-49186060
Company Contact Information
Unit No 601 6th Floor,Flora Deck Plaza Andheri(East),
Mumbai - 400093 Phone : 91-22-40363000 Email : compliance@syrmasgs.com www.syrmasgs.com
Offer Related Information
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... More
News
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19 Aug 2022, 17:42 PM
Syrma SGS Tech IPO subscribed 32.61 times
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16 Aug 2022, 18:11 PM
Syrma SGS Tech IPO subscribed 92%
-
12 Aug 2022, 18:00 PM
Syrma SGS Tech IPO subscribed 37%
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