Categories: Share Market

Syrma SGS IPO FAQs, Syrma SGS Technology Limited IPO FAQs

Syrma SGS IPO FAQs, Syrma SGS Technology Limited IPO FAQs

About Syrma SGS IPO

In the lately held 5G network, the Indian government managed to garner flings worth ₹1.5 lakh crore. After the bidding war, telecom players are now on the verge of rolling out 5G services. associating this trend, Syrma SGS has started manufacturing modules for 5G technology structure.

also, the company is also looking to make raids into the fleetly growing electric vehicles( EV) space. In 2020, it commenced manufacturing of regulators for the EV battery operation systems.

This inflexibility, as well as the capability to nose out openings, seems to have helped the company to get one of the fastest growing Indian- headquartered electronic system design and manufacturing( ESDM) companies.

Know all about Syrma SGS Technology Limited

moment, the turnkey( end- to- end services) electronic manufacturing services company specialises in perfection manufacturing for different end- use diligence. Its products are used in colorful sectors including artificial appliances, automotive, healthcare, consumer products and IT. The company can boast of operating through eleven manufacturing installations in the north( i.e. Himachal Pradesh, Haryana and Uttar Pradesh) and south India( i.e. Tamil Nadu and Karnataka).

And now, it’s all set to launch the Syrma SGS IPO. The Syrma SGS Pvt Ltd IPO will be a combination for an offer for trade and a fresh issue. The plutocrat raised through the fresh issue will be used for funding the development of a R&D installation and expansion of manufacturing installations. The proceeds will also be used for long term working capital conditions.

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Syrma SGS IPO FAQs

FAQs

How can you pre-apply for the Syrma SGS IPO?

Pre-applying for the Syrma SGS Limited IPO means applying for this public issue before it goes live. Many stock broker agency offer Pre applying service, Paytm Money, Angle One, Upstox, 5paisa.  

When does pre-apply for the Syrma SGS IPO open and how can you pay for it?

You can pre-apply for the Syrma SGS Ltd. IPO from 11 August 2022. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.

How can you apply for the Syrma SGS Technology Limited IPO?

Login your stock broker agency app or website and go to IPO section and apply ipo.

When does the Syrma SGS IPO open and close for the subscription?

The Syrma SGS IPO launch date is 12 August 2022. The Syrma SGS IPO will be open for subscription till 18 August 2022.

What’s the lot size and minimum investment needed for the Syrma SGS IPO?

The Syrma SGS Ltd. IPO lot size is 68 shares and the minimum investment required is ₹14,212.

What is the price band for the Syrma SGS IPO?

The Syrma SGS Technology ltd IPO price band is ₹209-₹220 per share.

What’s the size of the Syrma SGS IPO?

The size of the Syrma SGS Technology Limited IPO is ₹840 crore. 

How many bids can I place for the Syrma SGS Technology Limited IPO?

You can place up to three bids for an application. 

Can these bids be placed at different times during the Syrma SGS IPO subscription period?

No, the bids have to be placed at one go. If you want to add an additional bid, then you would have to delete your application and re-apply. 

When will Syrma SGS Technology Limited shares be credited to the demat account?

If the shares are allotted, then they will be credited to your demat account on 25 August 2022.

Which exchanges will Syrma SGS Technology Limited shares list on?

Shares of Syrma SGS Technology Limited will list on BSE and NSE.

When will Syrma SGS Technology Limited shares list on the exchanges?

Syrma SGS Technology Limited shares listing date is 26 August 2022.

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