Syrma SGS Technology IPO
Company All Details
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 our 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 our 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. For details of change in the name and registered office of the Company, see “History and Certain Corporate Matters” on page 247.
Click here to open free demat account and apply this IPO.
Registered Office: Unit No. 601, 6th Floor, Floral Deck Plaza,
MIDC, Andheri (East), Mumbai, Maharashtra 400 093, India;
Telephone: +91 22 40363000.
Corporate Office: Plot B27, Phase II, Zone B,
MEPZ-SEZ, Sanatorium, Tambaram, Chennai,
Tamil Nadu 600 045, India.
Contact Person: Rahul N Sinnarkar, Company Secretary and Compliance Officer;
Telephone: +91 44 71728600;
E-mail: compliance@syrmasgs.com
Website: www.syrmasgs.com;
Corporate Identity Number: U30007MH2004PLC148165.
Twitter: https://twitter.com/SyrmaTechnology
Founded
2004
Managing Director
Managing Director of The Company, Jasbir Singh Gujral.
Company Promoters:
Promoters of the Company, SANDEEP TANDON, JASBIR SINGH GUJRAL, VEENA KUMARI TANDON AND TANCOM ELECTRONICS PRIVATE LIMITED.
About the company
Syrma SGS Technology Ltd is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services (“EMS”), specializing in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries. According to the F&S Report, Syrma SGS Technology Limited among the large bouquet of EMS players in India, it is one of the fastest growing Indian-headquartered ESDM companies. 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.
Syrma SGS Technology Limited During the Fiscals 2020, 2021 and 2022, Rs. 280.43 crore, Rs. 193.13 crore and Rs. 252.12 crore, which accounted for 69.99%, 43.90% and 39.01%, respectively of the company’s revenue from operations, was attributable to the original design manufacturing services. Day to day rise company.
Objects Of The Offer:
The company proposes to utilize the Net Proceeds towards funding the following objects:
- Funding capital expenditure requirements for development of a R&D facility and
expansion /setting up of manufacturing facilities - Funding its working capital requirements and
- General corporate purposes.
Syrma SGS Technology Limited IPO Details:
Issue Amount : Upto Rs 840 Cr.
Post Issue Implied Market Cap: ₹3,877 crore
Total shares on offer : Upto #38,187,541 Equity Shares
Face Value : ₹10 per share
Price Band : ₹209 to ₹220
Lot Size : 68 shares
IPO Registrar : Link Intime India Pvt. Ltd.
Syrma SGS Technology Limited IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | 12 August 2022 |
| IPO Close Date | 18 Auguest 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 23 August 2022 |
| Initiation of Refunds | 24 August 2022 |
| Credit of Shares to Demat Account | 25 August 2022 |
| IPO Listing Date (Trading commence) NSE & BSE | 26 August 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
Important Financial Data:
For the year/period ended (₹ in Crore) Last Three Year
| Particulars (in ₹ Crore) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 460 | 347 | 286 |
| Total Revenue | 444 | 405 | 357 |
| Net Profit & Loss for the period | 29 | 44 | 21 |
Prospectus Document:
Download RHP File
Download DRHP File
Know all about this IPO
Syrma SGS Technology Ltd. IPO?
Issue Amount : Upto Rs 840 Cr.
What is Syrma SGS Technology Ltd IPO?
S SGS Tech. IPO is a main-board IPO. They are going to raise ₹ 840 Crores via IPO. The issue is priced at ₹ 209 to ₹ 220 per equity share. The IPO is to be listed on BSE & NSE.
Syrma SGS Tech. Limited IPO Open?
Friday, 12 August 2022 to Thursday, 18 August 2022.
Syrma SGS Tech. Ltd. IPO Will open?
The IPO is to open on 12 August 2022 for QIB, NII, and Retail Investors.
Company Address
Registered and Corporate Office:
Registered Office: Unit No. 601, 6th Floor,
Floral Deck Plaza, MIDC, Andheri (East),
Mumbai, Maharashtra 400 093, India;
Corporate Office: Plot B27, Phase II, Zone B,
MEPZ-SEZ, Sanatorium, Tambaram, Chennai,
Tamil Nadu 600 045, India.
Syrma SGS Technology LTD 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: syrma.ipo@linkintime.co.in
Investor grievance e-mail:
syrma.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI registration number: INR000004058
How to apply on Zerodha, Syrma SGS Technology Limited IPO through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Syrma SGS Technology Limited IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in Syrma SGS Technology Limited IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Syrma SGS Technology Limited IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.
Click Here to Open Zerodha Account
Syrma SGS Technology on Tewitter
5 thoughts on “Syrma SGS Technology Limited IPO Details, Syrma SGS Technology IPO”
Comments are closed.