Syrma SGS share price

2022 - 8 - 26

Post cover — Image courtesy of "Business Standard"

Syrma SGS Technology dazzles on debut, stock soars 34% against ... (Business Standard)

Analyst at Swastika Investmart attributed the good listing to positive market sentiment, outstanding prospects, and a good response from the investors.

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. The increased R&D spends to help the company increase its ODM revenue share are key triggers and highlights of the company, analysts at ICICI Securities said in IPO note. “Syrma’s good listing can be attributed to positive market sentiments, outstanding prospects, and a good response from the investors. Shares of Syrma SGS Technologies (Syrma) soared 34 per cent to Rs 295 against its issue price of Rs 220 per share on debut in Friday’s intra-day trade.

Syrma SGS Technology clocks 19% premium on debut, lists at Rs 262 (Moneycontrol.com)

Syrma SGS Technology | The recovery in equity markets and strong subscription data, along with good financial performance of the company, boosted the stock ...

We believe it is well placed to capitalise on domestic and global opportunities," said Reliance Securities, which recommended subscribe. India’s electronics manufacturing services addressable market is likely to clock 30 percent compound annual rate during FY21-FY26 to reach $135 billion by FY26. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. The retail quota was subscribed 5.53 times. Non-institutional investors also showed good interest in the issue, booking their portion 17.5 times. The major support came from qualified institutional buyers who purchased their quota 87.56 times.

Syrma SGS Technologies shares make strong debut on Dalal Street ... (Livemint)

Syrma SGS Technology IPO had a fresh issue of equity shares aggregating to ₹766 crore and an offer for sale of up to 33,69,360 equity shares. The company said ...

Stocks in the news: Syrma SGS, HDFC Bank, Nykaa, ICICI Pru Life ... (Economic Times)

Syrna SGS Technolog will make its debut at Dalal Street today. It had raised 840 crore through its IPO between August 12-18 by selling its shares in the ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). The company has teamed up with JG University, Ahmedabad to upskill IT students & professionals and give them career opportunities. GIC Housing Finance: The housing finance firm has said it is mulling to raise up to Rs 2,500 crore by issuing bonds or redeemable NCDs on a private placement basis to augment its capital resources. Infibeam Avenues: The fintech firm has made a strategic investment by picking up a 50 per cent stake in Gurgaon-based software startup Vishko22 Products & Services. The private sector lender had appointed T Keshav Kumar and Sandeep Tewari as non-executive non-independent directors on its board with effect from July 15, 2022. Dr Reddy's Laboratories: The pharma company has received establishment inspection report (EIR) for its Srikakulam facility. The company had raised 840 crore through its IPO between August 12-18 by selling its shares in the range of Rs 209-220 apiece. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) [Singtel to Sell 3.33% in Bharti Airtel to Bharti Telecom](/epaper/delhicapital/2022/aug/26/et-front/singtel-to-sell-3-33-in-bharti-airtel-to-bharti-telecom/articleshow/93787046.cms) Ahead of its listing, it was trading at a premium of Rs 55-60 per share in the grey market. Shukra Pharmaceuticals: The drug maker said that the board of directors has approved raising of funds by issue of equity shares to the existing members of the company on a rights basis for up to Rs 19 crore. Max Financial Services: The financial services player has announced the receipt of the commencement of business (CoB) certificate for its wholly owned subsidiary, Max Life Pension Fund Management (Pension Fund) on August 23, from Pension Fund Regulatory and Development Authority (PFRDA).

Syrma SGS Technology Listing on BSE, NSE Today: Time, Listing ... (News18)

Syrma SGS Technology IPO received decent response from the investors during the subscription period. The public offer was subscribed 32.61 times over the 2.85 ...

The grey market premium of Syrma SGS Technology IPO jumped to Rs 55 ahead of the listing. Syrma SGS [Technology](https://www.news18.com/tech/) [IPO](https://www.news18.com/topics/ipo/) received decent response from the investors during the subscription period. We expect the listing to be around Rs 260-270 range. “Syrma SGS IPO witnessed strong participation from institutional investors as well as retail investors. At upper end of price band, the company aimed to raise Rs 840 crore. Syrma SGS [Technology](https://www.news18.com/tech/) will get listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) at 10 am on August 26.

Share Market LIVE: Sensex trims gains, slips below 59000, Nifty 50 ... (Financial Express)

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty were sitting in the positive territory on Friday.

Domestic stock markets witnessed a sharp rally in the August Futures & Options series and posted gains of over 10 per cent to end above 17500. [IPO](https://www.financialexpress.com/about/ipos/), which oversubscribed 32.61 times, is all set to make its share market debut on Friday, 26 August. Shares of the company began trading on the NSE at Rs 260 per share, up 18.18% from the IPO price of Rs 209-220 apiece per share and on the BSE the stock debuted at Rs 262 apiece, rising 19.09 per cent. Maharashtra government had announced a cut in value-added tax (VAT) on petrol by Rs 5 a litre and by Rs 3 a litre for diesel earlier last month. The last country-wide change in price came on May 21, when Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol by Rs 8 per litre, and Rs 6 per litre on diesel. A downward breach of 17345 could lead to acceleration in the fall,” said Deepak Jasani, Head of Retail Research, HDFC securities. Shares of the company began trading on the NSE at Rs 260 per share, up 18.18% from the IPO price of Rs 209-220 apiece per share and on the BSE the stock debuted at Rs 262 apiece. Though the approach to 17730 exposed vulnerability on anticipated lines, upside prospects remain alive as long as above 17550 on a closing basis. “Still GREED & fear is going to stick with the structural story in terms of the Although Wood had, at the start of the year, pegged India to be an underperformer, he said domestic markets have surprised everyone. Jio’s SA 5G architecture in the near to medium term as 5G penetration is low and 5G use cases are still being developed. Syrma SGS Technology shares listed on the stock exchanges today at a premium to the IPO price amid the positive market momentum.

Syrma SGS Technology lists at 19% premium over issue price (Economic Times)

New Delhi: Syrma SGS Technology made a strong debut on Dalal Street as the engineering and design company got listed at Rs 262, a premium of 19 per cent over its issue price of Rs 220 on BSE. The company debuted at a premium of 18 per cent at Rs 260 on ...

LIVE: Syrma SGS Technology IPO Listing: Share jumps 40% on ... (Zee Business)

Syrma SGS Technology listing live updates: Shares of Syrma SGS Technology are all set to make their debut on exchanges—National Stock Exchange and BSE — on ...

Syrma SGS Technology Ltd (SSTL), incorporated in 2004, is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). As per Zee Business Managing Editor Anil Singhvi, shares of Syrma SGS Technology is expected to list in the 240-260 range. The issue was priced at a P/E of ~65X (Based on the Restated Consolidated Financial Information, RHP). The Qualified Institutional Buyers (QIBs) had bid for 87.56 times on the last day, while portion reserved for non-institutional investors was subscribed 17.50 times and Retail Individual Investors (RIIs) category was filled 5.53 times against their respective quotas. The company’s good listing can be attributed to positive market sentiments, outstanding prospects, and a good response from the investors. New investors can buy for the long term and existing investors are recommended to stay invested in the company.- Santosh Meena, Head of Research, Swastika Investmart Ltd He said everything is good about the company, just the IPO pricing has been on a little higher side. The company’s geographically diversified manufacturing locations and the business model which starts from product concept design & focuses on every segment of the overall industry value chain give them a competitive advantage over other players. With a huge focus on R&D-based innovation and an experienced management team, the company has managed to enter into various growing segments like PCBA, Radio Frequency Identification (RFID), Electromagnetic and electromechanical parts, and other information technology-related products. The IPO was priced at Rs 220 per share at the upper end of the price band. [https://t.co/0WjVWql8KI](https://t.co/0WjVWql8KI) [pic.twitter.com/9zYuXiHuuY](https://t.co/9zYuXiHuuY) [https://t.co/MIdv9VpXw2](https://t.co/MIdv9VpXw2)

Syrma SGS Technology Makes Strong Stock Market Debut, Shares ... (Outlook India)

Syrma SGS Technology shares were in very high demand during the three-day share sale via Initial Public Offer (IPO) which ended on August 18.

Syrma SGS Technology IPO came after a long pause of four months and was the first IPO after Veranda Learning Solutions IPO came in April. Syrma SGS Technology IPO was subscribed 32.61 times on the final day on Thursday last week. The stock opened for trading at Rs 262 on the BSE, marking an upside of 17 per cent from its issue price of Rs 220 per share.

Syrma SGS Technology makes stock market debut at 19 per cent ... (ThePrint)

Mumbai (Maharashtra) [India], August 26 (ANI): Electronics manufacturing services company Syrma SGS Technologies on Friday made a strong debut on Dalal ...

Out of these, Rs 766 crore has been raised through a fresh issue of equity shares. The initial public offering (IPO) of Syrma SGS Technology was subscribed 32.61 times during August 12-18. Syrma SGS Technology has raised Rs 840 crore through its maiden IPO.

Syrma SGS Technology IPO Listing: सिरमा एसजीएस की बाजार में दमदार ... (Financial Express (Hindi))

Syrma SGS Techn IPO Listing Today,Syrma SGS Technologies shares make strong debut: सिरमा एसजीएस टेक्नोलॉजी लिमिटेड भारत की ...

आईपीओ में 10 फीसदी शेयर नॉन-इंस्टीट्यूशनल इनवेस्टर्स के लिए रिजर्व था, यह ओवरआज 17.50 गुना भरा है. इसमें 35 फीसदी हिस्सा रिटेल निवेशकों के लिए रिजर्व था और यह 5.53 गुना भरा है. इसमें 50 फीसदी शेयर क्वालिफाइड इंस्टीट्यूशन बायर्स (QIB) के लिए रिजर्व था और यह हिस्सा ओवरआल 88 गुना भरा है. वैल्युएशन महंगा है या सस्ता- एक्सपर्ट व्यू](https://www.financialexpress.com/hindi/business-news/should-you-subscribe-dreamfolks-services-ipo-brokerage-positive-check-gmp-rate-subscription-status-detail/2643753/?utm_source=fe&utm_medium=article2&utm_campaign=relatedstories) [टाटा ग्रुप के इस मल्टीबैगर शेयर में मिल सकता है 40% रिटर्न, ब्रोकरेज को क्यों पसंद है ये ब्लूचिप स्टॉक](https://www.financialexpress.com/hindi/business-news/tata-motors-this-tata-group-multibagger-largecap-stock-may-give-40-pc-return-why-brokerage-house-bulish-on-jhunjhunwala-portfolio-share/2643508/?utm_source=fe&utm_medium=article3&utm_campaign=relatedstories) यानी लिस्टिंग 19 फीसदी के प्रीमियम पर हुई है. IPO के तहत अपर प्राइस बैंड 220 रुपये था, जबकि बीएसई पर यह 262 रुपये पर लिस्ट हुआ है.

Syrma SGS Tech IPO: Syrma SGS IPO की स्टॉक एक्सचेंजों पर शानदार ... (ABP News)

Syrma SGS Tech IPO Update: 220 रुपये वाला शेयर बीएसई (BSE) पर 273 रुपये और एनएसई (NSE) पर 275 रुपये पर लिस्ट ...

Syrma SGS Technology ने एंकर निवेशकों से 220 रुपये के शेयर के भाव पर 252.04 करोड़ रुपये जुटाये हैं. Syrma SGS Technology आईपीओ के जरिए 840 करोड़ रुपये जुटाये हैं और इस आईपीओ में 766 करोड़ रुपये का फ्रेश इश्यू जारी किया गया था. कंपनी ने आईपीओ के जरिए 840 करोड़ रुपये जुटाये हैं और 209-220 रुपये प्रति शेयर प्राइस बैंड तय किया गया था.

3 महीने बाद आज मार्केट में लाॅन्च हुआ IPO, दांव लगाने वाले पहले ही दिन ... (Hindustan हिंदी)

सिरमा एसजीएस टेक्नोलॉजी (Syrma SGS Technolgy IPO) का आईपीओ आज शुक्रवार 26 अगस्त को शेयर बाजार में ...

3 महीने बाद आज मार्केट में लाॅन्च हुआ IPO, 32% हाई पर हुई लिस्टिंग 3 महीने बाद आज मार्केट में लाॅन्च हुआ IPO, दांव लगाने वाले पहले ही दिन मालामाल, 32% हाई पर हुई लिस्टिंग [हिंदी न्यूज़](/) [बिजनेस](/business/)3 महीने बाद आज मार्केट में लाॅन्च हुआ IPO, दांव लगाने वाले पहले ही दिन मालामाल, 32% हाई पर हुई लिस्टिंग

Syrma SGS Technology के शेयर खुलते ही 30% से ज्यादा चढ़े, 18 ... (मनी कंट्रोल)

Syrma SGS का आईपीओ 12 अगस्त को खुला था और इसका ऊपरी प्राइस बैंड 220 रुपये प्रति तय किया गया था.

Syrma SGS Technology Share Price: Stock makes strong debut ... (The Indian Express)

Syrma SGS Tech Share Price: Syrma SGS Technology stock made a strong debut, listing at over 19 per cent premium from issue price. It further gained from the ...

SSTL’s manufacturing facilities in Tamil Nadu are located in a special economic zone which allows it to avail of certain tax and other benefits. Syrma SGS further rose from its opening levels and hit a 20 per cent upper circuit in the intraday trade, touching a high of Rs 314.40 on the BSE and Rs 312.00 on NSE during the intraday trade. Reacting to the robust listing, Santosh Meena, Head of Research at Swastika Investmart commented, “The company’s good listing can be attributed to positive market sentiments, outstanding prospects, and a good response from the investors. Those who applied for listing gains can maintain a stop loss of Rs 225. The scrip continued its upward journey during the day and hit an upper circuit, settling over 42 per cent on the stock exchanges. Some of its top customers include TVS Motor Company, AO Smith India Water Products, Robert Bosch Engineering and Business Solution, Eureka Forbes and Hindustan Unilever.

Syrma SGS Technology climbs 42% in the debut trade against the ... (Livemint)

Shares of Syrma SGS Technology closed trading on Friday at ₹312.00 per share, a 42% gain over the issue price of ₹220.

Syrma SGS Technology stock closes 42% higher on listing day ... (Business Today)

Syrma SGS Technology stock ended 42.30 per cent higher at Rs 313.05 against the issue price of Rs 220. The shares closed 19.48 percent higher to the opening ...

RECOMMENDED Syrma SGS is a technology-focused engineering and design company engaged in turnkey electronics manufacturing services (EMS). 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. Qualified institutional buyers (QIBs) subscribed to 87.56 times of the allocated portion. The public offer received bids for 93,14,84,536 shares against 2,85,63,816 shares offered by the company. The initial public offering (IPO) of Syrma SGS Technology was open for subscription from August 12 to August 18. The stock ended at Rs 312, up by 41.81 per cent over the issue price. At the NSE, the stock opened at Rs 260, a premium of 18.18 per cent. During the day, it zoomed 42.90 per cent to Rs 314.40. Shares of Syrma SGS Technology shares ended with over 42 per cent premium in the debut trade on Friday against the issue price of Rs 220. Syrma SGS Technology stock ended 42.30 per cent higher at Rs 313.05 against the issue price of Rs 220 on BSE.

Will Syrma SGS Tech deliver a listing pop? Here's what grey market signals (Economic Times)

Shares of Syrma SGS Technology are exchanging hands at a premium of Rs 55-60 in the grey market over the issue price of Rs 220. Market participants believe that it will pull off a strong show at debut thanks to its sound fundamentals, growth prospects, ...

Syrma SGS share price

Explore the last week