Exchanges
BSE, NSE
Industry
Industrial Products
Issue
Book building

Syrma SGS Technology IPO

₹310.50

+41.14% on listing

Listing-day close · NSE · 26 Aug 2022 · issue price ₹220

Syrma SGS Technology’s ₹840 crore IPO was priced at ₹220 a share. It listed on the NSE on 26 Aug 2022 and closed its first day at ₹310.50, up 41.14% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹840 Cr
Fresh issue
₹766 Cr
Offer for sale
₹74.13 Cr
Lot size
68 shares
Minimum investment
₹14,960
Face value
₹10
Registrar
MUFG Intime India

Subscription

Syrma SGS Technology IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—24.10×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,877 Cr
ROE
7.83%
ROCE
18.39%
Debt to equity
0.24
EBITDA margin
10.02%
PAT margin
6.00%
Promoter holding
61.47% → 50.19%

Financials as of 31 Mar 2022, from the offer documents.

Listing

Listing date
26 Aug 2022
Issue price
₹220
Open
₹260.00
High
₹312.00
Low
₹256.40
Close
₹310.50

Listing day on the NSE. The close was +41.14% on the issue price.

SYRMA share price today

FAQs

When did the Syrma SGS Technology IPO open and close?

It opened on 12 Aug 2022 and closed on 18 Aug 2022.

What was the Syrma SGS Technology IPO price?

The price band was ₹209–220 a share. The final issue price was ₹220.

What is the lot size and minimum investment?

One lot is 68 shares, ₹14,960 at ₹220 a share. Retail investors apply in whole lots.

How much did Syrma SGS Technology raise?

₹840 crore: ₹766 crore of new shares and ₹74.13 crore offered by existing shareholders.

How many times was the Syrma SGS Technology IPO subscribed?

24.10 times overall.

How did Syrma SGS Technology list?

It listed on the NSE on 26 Aug 2022 at ₹260.00 and closed the day at ₹310.50, up 41.14% on the ₹220 issue price.

Who is the registrar of the Syrma SGS Technology IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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