Syrma SGS Tech.
CMP
408.85
+1.25 (0.31%)
- 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
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Expand its customer base and geographic reach
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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-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 438.30 (-) | 1,019.72 (132.70%) | 2,048.39 (100.90%) | |
| Gross Profit | 48.41 (-) | 100.33 (107.30%) | 209.93 (109.20%) | |
| Net Income | 32.02 (-) | 55.54 (73.50%) | 119.32 (114.80%) | |
| Assets | 306.81 (-) | 811.45 (164.50%) | 1,930.52 (137.90%) | |
| Liabilities | 65.23 (-) | 239.39 (267.00%) | 390.24 (63.00%) |
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
- ICICI Securities Ltd
- IIFL Securities Ltd
- Dam Capital Advisors 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%
Syrma SGS Tech. FAQ's
The shares of Syrma SGS Tech. were first listed on the stock exchanges on June 26, 2024.
The total issue size of the Syrma SGS Tech. IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they
The minimum lot size for Syrma SGS Tech. public issue was 125 shares.
The price band of the IPO of Syrma SGS Tech. was Rs. 114 to Rs. 120 per equity share.
Syrma SGS Tech. IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.
Bigshare Services Private Limited is the registrar and share transfer agent of Syrma SGS Tech. IPO.
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