The details about the Syrma SGS Technology IPO are as:
- The issue size of the IPO is 840.13 Cr.
- The price band for Syrma SGS Technology IPO is Rs 209 to Rs 220.
- The shares of Syrma SGS Technology IPO will list on 26th August 2022.
- The latest tentative GMP of Syrma SGS Technology IPO is Rs 65.
- The shares of the company are subscribed 32.61 times in total.
Syrma SGS Technology Ltd IPO Valuation
The approx valuation of Syrma SGS Technology IPO based on its price band and RHP/DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 220 |
| Existing Shares (Qty) |
14.14 Cr |
| Fresh Issue (Amount) |
766 Cr |
| Market Cap |
3876.8 Cr |
| EPS (FY22) |
Rs 5.25 |
| PE Ratio |
41.90x |
| Industry PE |
93.15x |
Syrma SGS Technology Ltd IPO Issue Size
Syrma SGS Technology IPO issue size is 840.13 Cr.
| Issue |
Amount |
| Fresh Issue |
766 Cr |
| Offer For Sale |
74.13 Cr |
Syrma SGS Technology Ltd IPO Market Lot
An Individual can apply for a minimum 1 lot of 68 shares and a maximum of 13 lots of 221 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
68 |
Rs 14,960 |
| Maximum |
13 |
221 |
Rs 1,94,480 |
Syrma SGS Technology Ltd IPO Offer
The shares of the company are subscribed 32.61 times in total. The category-wise shares offered are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
87.56 Times |
| Non-Institutional |
Minimum 15% |
17.50 Times |
| Retail Individual |
Minimum 35% |
5.53 Times |
| Total |
|
32.61 Times |
Syrma SGS Technology Ltd IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 18 August 2022 |
Rs 35 |
| 19 August 2022 |
Rs 45 |
| 20 August 2022 |
Rs 55 |
| 21 August 2022 |
Rs 60 |
| 22 August 2022 |
Rs 65 |
It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Find below the dates for Syrma SGS Technology IPO:
| Schedule |
Date |
| Basis of Allotment |
23 August 2022 |
| Refunds |
24 August 2022 |
| Credit to Demat Account |
25 August 2022 |
| IPO Listing Date |
26 August 2022 |
Check allotment status