Issue Price
₹220
Per Share
GMP
NIL
Grey Market
Est. Listing
₹220
Expected Price
Min. Application
₹29,920
2 lots × 68 shares
Incorporated in 2004, Syrma SGS Technology Limited is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization.Product PortfolioPrinted circuit board assemblies (PCBA)Radio frequency identification (RFID) productsElectromagnetic and electromechanical partsMotherboardsMemory products - DRAM modules, solid state, and USB drives.ManufacturingThe company operates through eleven manufacturing facilities in north India (i.e. Himachal Pradesh, Haryana, and Uttar Pradesh) and south India (i.e. Tamil Nadu and Karnataka). The manufacturing facilities in Tamil Nadu are located in a special economic zone. The manufacturing facility in Haryana has been set up under the Electronic Hardware Technology Park scheme, which allow the company to avail tax and other benefits.R&D CapabilitiesThe company has three dedicated R&D facilities, two of which are located at Chennai and Gurgaon and one in Stuttgart, Germany.
Syrma SGS Technology Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 38,187,541 | 100.00% | ₹840.13 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 68 | ₹14,960 |
| Retail (Max) | 13 | 884 | ₹194,480 |
| sNII (Min) | 14 | 952 | ₹209,440 |
| bNII (Min) | 68 | 4,624 | ₹1,017,280 |
| Particulars | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 357.40 | 404.88 | 444.48 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 20.97 | 43.88 | 28.62 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 286.42 | 346.70 | 460.01 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |