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Syrma SGS Technology IPO
Syram SGS Technology has filed for IPO containing fresh issues worth Rs 766 crores and an offer for sale of up to 3,369,360 equity shares from existing shareholders. The company specialise in precision manufacturing for diverse end-user industries. Click here to Apply for Syrma SGS IPO.
Opening Date
August 12, 2022
Closing Date
August 18, 2022
Price Band
₹209 - ₹220
per equity share
Issue Size
840 Cr
Face Value
₹10
per equity share
Market Lot
68 Shares
Opening Date
August 12, 2022
Closing Date
August 18, 2022
Price Band
₹209 - ₹220
per equity share
Issue Size
840 Cr
Face Value
₹10
per equity share
Market Lot
68 Shares
Listing at NSE, BSE
Syrma SGS Technology Ltd IPO Important Dates
| IPO Open Date | August 12, 2022 |
|---|---|
| IPO Close Date | August 18, 2022 |
| Allotment Date | August 23, 2022 |
| Initiation Of Refunds | August 24, 2022 |
| Credit Of Shares To Demat Account |
August 25, 2022 |
| IPO Listing Date | August 26, 2022 |
| UPI Mandate Expiry Date | August 29, 2022 |
About Syrma SGS Technology
The company is engaged in turnkey electronic manufacturing services (EMS), specialising in precision manufacturing for diverse industry end-users. The company is one of the fastest-growing EMSs head-quartered in India and a leading player in the OEM domain.
Syrma SGS offers a diverse product portfolio. They have earned marks in India and the international market as PCBA and custom RFID tag manufacturers.
Syrma SGS Technology IPO Objectives
• The company proposes to utilise the net proceeds from fresh equities to finance the R&D facility expansion and establish manufacturing units.
Why should you invest in the Syrma SGS Technology IPO?
- The company offers an attractive and diverse product portfolio to several industry clients.
- They focus on technological innovation through continuous R&D. They have three R&D teams in India and Stuttgart, Germany, to support research and product enhancement.
- Consistent financial performance
Financial Highlights
| Particulars | For the year/period ended (₹ in million) | ||
|---|---|---|---|
| FY21 | FY20 | FY19 | |
| Revenue From Operation | 4,383.03 | 3,970.76 | 3,539.97 |
| EBITDA | 529.34 | 699.00 | 430.76 |
| EBITDA Margin (%) | 12.08 | 17.60 | 12.17 |
| Profit After Tax | 286.15 | 438.80 | 209.67 |
| EPS | 3.32 | 6.19 | 2.96 |
| ROE | 45.45 | 55.81 | 45.45 |
How to apply for Syrma SGS Technology IPO?
Retail investors need to apply for the IPO using UPI.
UPI
- Link your bank account to a UPI ID.
- Register your UPI id with your Demat account.
- Subscribe for Syrma SGS Technology IPO and approve the payment on your UPI ID.
Demat Account
- If you’re a new investor, Open a DEMAT Account for free with Angel One and begin your investment journey.
Syrma SGS Technology Noteworthy Highlights:
- From Fiscal 2019 to 2021, the company revenue and profit after tax (PAT) grew 11.52% and 16.82% CARGR.
- Long-standing relationship with suppliers and marquee clients.
The Brand’s Pros & Cons:
| Pros | Cons |
|---|---|
| The company offers designing, manufacturing and R&D services to the OEM industry. | Not being able to maintain long-term relationships with clients may impact future cash flow. |
| They are one of the leading design and electronic manufacturing companies in terms of revenue in Fiscal 2021. | Failing to meet stringent industry standards and strict quality restrictions may hurt the company's future profitability. |
| They have established relationships with global marquee customers to continue growing their revenue. | The company continues to face competition and global risks that can hurt future profit potential. |
Competitive Analysis: Market Peers
The company continues to face challenges from listed peers in the domain. Following is an analysis of its peers.
| Company Name | Total revenue (in ₹ million) | EPS | P/E |
|---|---|---|---|
| Dixon Technologies Ltd. | 64,497.48 | 26.87 | 201.96 |
| Amber Enterprise India | 30,636.20 | 24.96 | 131.02 |
| Syrma SGS Technology | 4,444.80 | 3.72 |
Syrma SGS Technology IPO FAQs
What is Syrma SGS Technology IPO?
When will Syrma SGS Technology IPO allotment be available?
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When will Syrma SGS Technology IPO open for subscription?
What minimum lot size can retail investors subscribe to?
When will Syrma SGS Technology list on the exchanges?
How to check the allotment status of Syrma SGS Technology IPO?
Keep your application number, DP id, and PAN number handy while checking allotment status.
What would be the listing gains on Syrma SGS Technology IPO?
The listing gain results from investors’ interest, global parameters, and short and long-term outlooks.
I have finished the Syrma SGS Technology IPO application, but the funds are not yet debited. What is the reason?
Can I alter my bid for Syrma SGS Technology after confirming its final application?
Can I submit more than one application for the public issue of Syrma SGS Technology using one PAN?
Who is the owner of Syrma SGS Technology?
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