Syrma SGS Technology IPO

Syrma SGS Technology Ltd.

₹14,212 /68 sharesMinimum Investment

Syrma SGS Technology IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
12 Aug ‘22 - 18 Aug ‘22₹14,21268₹209 - ₹220
Issue SizeIPO Doc
840.00Cr
RHP PDF

Subscription Status As on 18 Aug '22, 3:24 PM

  • Retail Individual Investor
    5.14x
  • Non-Institutional Investor
    16.51x
  • Qualified Institutional Buyers
    69.04x
  • Total
    26.66x

About Syrma SGS Technology

Syrma Technologies is an engineering and design company focussing on electronics manufacturing services. Their electronics manufacturing services (EMS) includes product design, quick prototyping, PCB assembly, box build, repair and rework and automatic tester development services. The company currently operates through manufacturing facilities in India and Germany.;
Parent Organisation
Syrma SGS Technology Ltd.
Founded
2004
Managing Director
Jasbir Singh Gujral

Strengths & Risks

  • Manufacturing facilities in Tamil Nadu are placed in SEZs.
  • All manufacturing facilities are certified, including ISO 14001 and ISO 9001.
  • Recognized as leader in people development as in the company is one of the great places to work.
  • First in India to manufacture RFID products in India.
  • Company has long standing relationships with customers.
  • In November 2020, Syrma acquired a 20% stake in SGS. Funds of Rs.92.04 crore from private equity funds and other shareholders have been infused in Syrma in FY21
  • Company has low-debt.
  • Global nature of operations exposes them to numerous risks.
  • Dependent on third parties for the supply of raw materials.
  • Research and development capabilities are critical to success.
  • Failure to keep technical knowledge confidential could erode competitive advantage.
  • Operating in a highly competitive industry.
  • Failure to identify and understand evolving industry trends and preferences and to develop new products to meet customers’ demand.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular209 - 220₹2 Lakh
For Syrma SGS Technology IPO, eligible investors can apply as Regular.
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