Syrma SGS Technologies IPO

Brokerages are confident about the prospects of the company given its inherent strengths and the likely growth of the Indian electronic manufacturing ...

“Considering its good peer financial performance, strong focus on R&D, capacity expansion plans, positive industry outlook with government support through PLI schemes and China-plus one strategy of multinational companies, we assign a ‘Subscribe’ rating for the issue on a medium- to long-term basis.” “Thus the issue seems to be fully priced but considering the high growth potential in the electronic manufacturing sector, we are recommending a ‘Subscribe with Caution’ rating for the issue.” The minimum investment by a retail investor at the upper end of the price band will be Rs 14,960 per lot and Rs 1,94,480 would be the maximum investment against 13 lots, as they are allowed to invest up to Rs 2 lakh. “India’s EMS market is expanding owing to the China+1 strategy, import substitution, and government incentives like the PLI (production-linked incentive schemes),” Investmentz.com said in a report. At the upper end of the price band, shares worth Rs 840 crore are expected to be sold in the offer. The IPO opens on August 12 and closes on August 18.

Syrma SGS IPO comprises a fresh issue of shares worth Rs 766 crore and an Offer For Sale (OFS) of up to 33.69 lakh equity shares by Veena Kumari Tandon. At the ...

The third-party service providers that generate these cookies, such as, social media platforms, have their own privacy policies, and may use their cookies to target advertisement to you on other websites, based on your visit to our sites. These cookies collect information about your activities on our sites as well as other sites to provide you targeted advertising. However, this will not prevent the sites from placing further cookies on your device unless and until you adjust your Internet browser setting as described above. Without these essential cookies we may not be able to provide certain services or features and our site will not perform as smoothly for you as we would like. If you subscribe to a newsletter or otherwise register with the Sites, these cookies may be correlated to you. Zeenews.com use cookies and other technologies to store information in your web browser or on your mobile phone, tablet, computer, or other devices (collectively "devices") that allow us to store and receive certain pieces of information whenever you use or interact with our zeenews.india.com applications and sites. However, if you select this setting you may be unable to access certain parts of the sites. We use persistent cookies to improve your experience of using the sites. In any event, such information will be kept in our database until we get explicit consent from you to remove all the stored cookies. A cookie is a small text file that can be stored on and accessed from your device when you visit one of our sites, to the extent you agree. Likewise, if you share any content on this website through social networks (for example by clicking a Facebook “like” button or a “Tweet” button) you may be sent cookies from these websites. zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use.

Syrma SGS Technology's Rs 840-crore IPO will open for subscription today. The IPO market is once again set to witness some action from today after a long hiatus ...

Electronic manufacturing services firm Syrma SGS Technology is offering shares in the price band of Rs 209-220 per share through its IPO. The issue is a mix of fresh issue of equity shares and an offer for sale (OFS) by existing shareholders of the company. Syrma SGS will raise Rs 840 crore from IPO at the upper end of the price band of which, Rs 766 crore is likely to be part of the fresh issue and the remaining Rs 74 crore will be the OFS part. “In May 2022, Syrma has done a pre-IPO placement of around 3% equity at Rs. 290 per shares. The Rs 840 crore IPO will open for subscription on August 12, Friday and close on August 18, Thursday. Ahead of the issue, the IPO has garnered interest from marquee names as part of its anchor book. A total of Rs 252 crore has been raised from 18 anchor investors ahead of the public issue, which includes both domestic as well as foreign investors such as Nomura Trust, Eastspring Investment, ICICI Prudential, IIFL, and Edelweiss, among others. A total of 1,14,56,261 equity shares of face value Rs 10 each have been issued to anchor investors for Rs 220 per share — the upper end of the Rs 209-220 apiece IPO price band.

Syrma SGS Technology IPO: इश्यू खुलने से एक दिन पहले कंपनी ने एंकर इनवेस्टर्स से 252 करोड़ रुपए ...

Syrma SGS Technology के इश्यू का प्राइस बैंड 209-220 रुपए है। कंपनी के इश्यू का एक लॉट 68 शेयरों का है। रिटेल निवेशक कम से कम 14,960 रुपए और ज्यादा से ज्यादा 1,94,480 रुपए निवेश करेंगे। इश्यू खुलने से एक दिन पहले कंपनी ने एंकर इनवेस्टर्स से 252 करोड़ रुपए जुटा लिए हैं। कंपनी ने अपने एंकर इनवेस्टर्स को 220 रुपए प्रति शेयर के हिसाब से 114,56,261 इक्विटी दिए हैं। इस हिसाब से कंपनी ने कुल 252.04 करोड़ रुपए जुटाए लिए हैं। Syrma SGS Technology IPO: इश्यू खुलने से एक दिन पहले कंपनी ने एंकर इनवेस्टर्स से 252 करोड़ रुपए जुटा लिए हैं। कंपनी ने अपने एंकर इनवेस्टर्स को 220 रुपए प्रति शेयर के हिसाब से 114,56,261 इक्विटी दिए हैं

New Delhi: Electronic manufacturing services firm Syrma SGS Technology (SSTL) IPO opens for subscription on Friday, August 12. The Rs 840-crore initial ...

With a price band of Rs 209-220 a share, Syrma SGS Technology IPO will be open for subscription from today till August 18. New Delhi: Electronic manufacturing services firm Syrma SGS Technology (SSTL) IPO opens for subscription on Friday, August 12. This would be the first company to tap the primary market in two-and-a-half months.

Syrma SGS Tech IPO Update: Syrma SGS Technology का आईपीओ आज से खुल गया है. लंबी छुट्टी के चलते 18 अगस्त तक ...

इंजीनियरिंग और डिजाइन कंपनी Syrma SGS Technology आईपीओ के जरिए 840 करोड़ रुपये जुटाने जा रही है और इस आईपीओ में 766 करोड़ रुपये का फ्रेश इश्यू जारी किया जा रहा है. मौजूदा निवेशक और प्रोमोटर्स 33,69,360 शेयर अपने होल्डिंग में आईपीओ के जरिए बेचने जा रहे हैं. कंपनी ने आईपीओ के लिए कंपनी ने 209-220 रुपये प्रति शेयर पर प्राइस बैंड तय किया है. आईपीओ के जरिए जुटाये जाने वाले रकम से मैन्युफैकचरिंग और रिसर्च एंड डेवलपमेंट के विस्तार के लिए कैपिटल एक्सपेंडिचर के फंडिंग पर खर्च किया जाएगा. छोटे निवेशक कम से कम 68 शेयर के लिए आवेदन कर सकते हैं जिसके लिए 14,960 रुपये देने होंगे. ज्यादा से ज्यादा 194,480 रुपये में 884 शेयर के लिए आवेदन कर सकते हैं.आईपीओ में 50 फीसदी कोटा संस्थागत निवेशकों के लिए, 15 फईसदी गैर-संस्थागत निवेशखो के लिए और 35 फीसदी रिटेल निवेशकों के लिए आरक्षित है. Syrma SGS Tech IPO Price Band: चेन्नई बेस्ड इलेक्ट्रॉनिक कॉम्पोनेंट्स बनाने वाली Syrma SGS Technology का आईपीओ आज से आवेदन के लिए खुल चुका है और निवेशक इस आईपीओ में 18 अगस्त, 2022 तक शेयर खरीदने के लिए आवेदन कर सकते हैं. Syrma SGS Technology आईपीओ के जरिए 840 करोड़ रुपये जुटाने जा रही है. कंपनी ने 209-220 रुपये प्रति शेयर पर प्राइस बैंड तय किया है.

The company aims to raise Rs 766 crore via issuance of fresh equity shares, whereas existing shareholders and promoters will offload 33,69360 shares ...

The company, being one of the leading design and electronic manufacturing services companies, has a consistent track record of financial performance. The company currently has a reasonable valuation compared to its peers, it added with a subscribe rating. But the company has demanded an EV/Sales multiple of 2.5x, which is at a premium to the peer average. "The issue seems to be fully priced. The remaining 35 per cent stake is allocated to the retail investors. The company's net profit grew 17 per cent to Rs 76.46 crore for March 2022.

Syrma SGS Technology IPO: आईपीओ को 18 अगस्त तक पैसा लगाया जा सकता है. यह पिछले ढाई महीने में आने ...

आईपीओ का अलॉटमेंट 23 अगस्त को होगा. सफल बिडर्स के डीमेट अकाउंट में शेयर 25 अगस्त को क्रेडिट कर दिए जाएंगे. आईपीओ की 26 अगस्त को NSE और BSE पर लिस्टिंग होगी. बता दें, सिरमा एसजीएस टेक्नोलॉजी एक इंजीनियरिंग और डिजाइन कंपनी है. यह इलेक्ट्रॉनिक्स मैन्युफैक्चरिंग के कारोबार में है. कंपनी का प्रीसिशन मैन्युफैक्चरिंग में बड़ा नाम है. कंपनी के प्रमोटर संदीप टंडन और जसबीर सिंह गुजराल हैं. Syrma SGS Technology IPO: आईपीओ (IPO) में पैसा लगाकर कमाई करने वालों के लिए अच्छी खबर है. इलेक्ट्रॉनिक मैन्युफैक्चरिंग सर्विसेज कंपनी सिरमा SGS टेक्नोलॉजी (Syrma SGS Technologies) का 840 करोड़ रुपये का आईपीओ आज (12 अगस्त 2022) सब्सक्रिप्शन के लिए खुल गया. आईपीओ को 18 अगस्त तक पैसा लगाया जा सकता है. यह पिछले ढाई महीने में आने वाला पहला आईपीओ है. इससे पहले एथर इंडस्ट्रीज का आईपीओ 24 से 26 मई के दौरान सब्सक्रिप्शन के लिए खुला था. सिरमा SGS टेक्नोलॉजी ने आईपीओ के लिए प्राइस बैंड प्रति शेयर 209-220 रुपये तय किया है. आईपीओ में 766 करोड़ रुपये के नए शेयर जारी किए जाएंगे. इसके अलावा, प्रमोटर वीणा कुमारी टंडन अपने 33.69 लाख इक्विटी शेयर ऑफ फॉर सेल (OFS) के अंतर्गत बिक्री के लिए रखेंगी. उन्होंने कहा कि जियोग्रॉफिकली डायवर्सिफाइड मैन्युफैक्चरिंग लोकेशन के चलते कंपनी नॉर्थ से साउथ इंडिया में अपने कस्टमर्स की जरूरतों को बेहतर तरीके से पूरा करने में सक्षम है. वहीं, बिजनेस को नई प्रोडक्ट लाइन और अपनी जियोग्रॉफी में पहुंच बढ़ाने के लिए इनऑर्गेनिक साधनों का सफल तरीके से इस्तेमाल किया. इश्यू प्रीमियम वैल्यूएशन पर है. कंपनी की ग्रोथ क्षमता और कॉम्पिटिशन बेनेफिट को देखते हुए वैल्युएशन बेहतर है. इसलिए, निवेशकों को इश्यू को सब्सक्राइब करने की सलाह है. Syrma SGS Technology IPO: आईपीओ को 18 अगस्त तक पैसा लगाया जा सकता है. यह पिछले ढाई महीने में आने वाला पहला आईपीओ है. इससे पहले एथर इंडस्ट्रीज का आईपीओ 24 से 26 मई के दौरान सब्सक्रिप्शन के लिए खुला था. स्वास्तिका इन्वेस्टमार्ट लिमिटेड के रिसर्च हेड संतोष मीणा का कहना है, सिरमा एसजीएस टेक्नोलॉजी भारत की सबसे तेजी से बढ़ती इलेक्ट्रॉनिक्स सिस्टम डिजाइन और मैन्युफैक्चरिंग (ESDM) कंपनियों में से एक है. इसका R&D और इनोवेशन पर जबरदस्त फोकस है. मैनेजमेंट टीम काफी अनुभवी है. कंपनी ने कई सेगमेंट जैसेकि PCBA, रेडियो फ्रिक्वेंसी आईडेंटिफिकेशन (RFID), इलेक्ट्रोमैग्नेटिक एंड इलेक्ट्रोमैकेनिकल पाट्र्स में एंटर कर चुकी है.

Syrma SGS Technology IPO : करीब ढाई महीने में कोई आईपीओ मार्केट में दस्तक देने जा रहा है।

The initial public offer (IPO) of Syrma SGS Technology opened today. The share sale of the electronics manufacturing services (EMS) firm will close on ...

Also, the company has established relationships with marquee customers across various countries and state-of-the-art manufacturing capabilities supported by a global supplier network, with a focus on vertical integration. Considering its good peer financial performance, strong focus on R&D, capacity expansion plans, positive industry outlook with government support through PLI schemes and China plus one strategy of multinational companies, we assign a 'Subscribe' rating for the issue on a medium to long term basis," the brokerage said. The company's business model starts from product concept design and focuses on every segment of the overall industry value chain; this gives them a competitive advantage over traditional OEM or ODM-based companies that focus on a single process or certain stages of production, thus creating lasting relationships with its marquee clients. The net proceeds from the IPO will be utilised for funding capital expenditure requirements to expand manufacturing, R&D facilities, long-term working capital requirements and general corporate purposes. The lot size of Syrma SGS Technology IPO is 68 shares for which one will have to spend Rs 14,960. The initial public offer (IPO) of Syrma SGS Technology opened today.

Syrma SGS Technology IPO GMP Today, Market Today: The Rs 840 crore initial public offering (IPO) of electronic manufacturing services company Syrma SGS ...

However, the IPO is richly priced, hence we give the IPO a “Subscribe (Long Term)” rating.” Investors who wish to subscribe to Syrma SGS IPO can bid in a lot of 68 equity shares and multiples thereafter. Considering its good peer financial performance, strong focus on R&D, capacity expansion plans, positive industry outlook with government support through PLI schemes and China plus one strategy of multinational companies, we assign a “Subscribe” rating for the issue on a medium to long term basis.” The Company is operating in one of the fastest growing sectors in the current market, including consumer electronics and appliances, telecommunications, automotive and industrial. Prior to this, Aether Industries IPO had opened for public subscription back on May 24-26, 2022. It was subscribed around 20 per cent by 12:24 pm on the first day of bidding.

Syrma SGS Technology (SSTL) IPO opens for subscription today, August 12, 2022. Should you subscribe?

According to market observers, shares of Syrma SGS Technology Ltd are trading at a premium of Rs 20 per equity share. Syrma SGS Technology had good revenues even in the Covid-19 period. Syrma SGS Technology IPO, with a price band of Rs 209-220 a share, will be open for public subscription during August 12-18. Investors who wish to subscribe may bid for a lot size of 68 shares and thereafter in multiples of 68 equity shares. Hence the Syrma Share Price at P/E of ~45x is reasonably priced, Shushil Finance said in its IPO note. Syrma SGS Tech IPO Opens Today: Syrma SGS Technology (SSTL) IPO opens for subscription today, August 12, 2022.

Meanwhile, after day one of bidding, Syrma SGS Technology IPO grey market premium (GMP) has slipped from ₹20 to ₹16. According to stock market observers, ...

Meanwhile, after day one of bidding, Syrma SGS Technology IPO grey market premium (GMP) has slipped from ₹20 to ₹16. According to stock market observers, Syrma SGS Technology IPO GMP on Friday was ₹20 but after the closure of markets, it came down to ₹16. According to market observers, Syrma SGS Technology IPO has come after a gap of over two months. Aws mentioned above, Syrma SGS Technology IPO GMP today is ₹16, which is ₹4 lower from its Friday grey market premium of ₹20. This means, grey market sentiment in regard to the public issue has gone down after day one of bidding. Remove some to bookmark this image. According to market observers, Syrma SGS Technology IPO GMP today is ₹16, which means grey market is expecting that Syrma SGS Technology IPO listing would take place around ₹236 ( ₹220 + ₹16), which is around 7 per cent higher from its price band of ₹209 to ₹220 per equity share. After day one of bidding, Syrma SGS Technology IPO subscription status informs that the issue has been subscribed 0.37 times whereas its retail portion has been subscribed 0.69 times.

Syrma, which is aiming to garner around Rs 840 crore through IPO, is one of the leading electronics system design and manufacturing company with a focus on ...

The brokerage gave a ‘Subscribe’ rating to the issue as IPO is fairly priced. With its superior product mix, strong R&D capabilities, and adding capacities, the brokerage believes Syrma is well placed to capitalise on domestic and global opportunities. The IPO is a combination of a fresh issue and an OFS portion. Syrma, which is aiming to garner around Rs 840 crore through IPO, is one of the leading electronics system design and manufacturing company with a focus on technology-based solutions and original design manufacturer business. It is a diversified and continuously evolving and expanding product portfolio and service offerings catering to customers across various industries, backed by strong R&D capabilities. Of the fresh issue net proceeds, Rs 403 crore will be used to fund the capital expenditure requirement and the rest Rs 131.6 crore will be utilised for funding the working capital requirement of the company.

According to the data from BSE, the investors made bids for 19,52416 equity shares or only 7 per cent of the issue compared to the 2,85,63816 equity shares ...

"Syrma is well placed to capitalize on domestic and global opportunities. The quota for institutional investors was not even off to mark. Brokerage firms have mixed opinions on the counter. The issue kicked off for bidding on Friday, August 12 and will remain open till Thursday, August 18. The company has reserved 50 per cent of the net offer for qualified institutional buyers (QIBs) and 15 per cent for non-institutional buyers (NIIs). The remaining 35 per cent shares will be given to the retail bidders. According to the data from BSE, the investors made bids for 19,52,416 equity shares or only 7 per cent of the issue compared to the 2,85,63,816 equity shares offered for the subscription by 11.45 am Friday, August 12.