After Syrma, can DreamFolks also see strong listing day action?The issue was heavily subscribed across all categories, fetching an overall subscription of 56.68 times. QIB quota fetched 70.5 times bids,...
29 Aug, 2022, 04.20 PM IST
30% listing pop! Time to book profits in Syrma SGS Tech?Santosh Meena, Head of Research, Swastika Investmart, believes that the company deserves a higher premium multiple due to its phenomenal gr...
26 Aug, 2022, 05.33 PM IST
Syrma SGS Technology lists at 19% premium over issue priceA day before listing, shares of Syrma SGS Technology were exchanging hands at a premium of Rs 55-60 in the grey market, signalling a strong...
26 Aug, 2022, 10.11 AM IST
Will Syrma SGS Tech deliver a listing pop? Here's what grey market signalsShares 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 parti...
25 Aug, 2022, 03.46 PM IST
Can Syrma SGS Tech's listing revive IPO Street? Here's what grey market signalsAccording to market analysts, recent correction in the secondary market has dented prospects for the issue. Traders remain cautious over th...
24 Aug, 2022, 02.14 PM IST
Syrma SGS Technologies IPO: Here's how to check allotment status and GMPBrokerages held a positive view of the company. The majority of them have suggested subscribing to the issue with some word of caution over...
23 Aug, 2022, 01.17 PM IST
Syrma SGS public issue subscribed 33X as IPO market warms up againThe qualified institutional buyers’ portion was subscribed 87.56 times, while the portion reserved for high networth individuals was subscr...
19 Aug, 2022, 10.31 AM IST
Syrma SGS Tech IPO subscribed 32.61 times on final dayThe IPO had a fresh issue of equity shares aggregating to Rs 766 crore and an offer for sale of up to 33,69,360 equity shares.The offer was...
18 Aug, 2022, 07.10 PM IST
Syrma SGS Technology IPO subscribed 2.27x on Day 3. Issue closes todayThe net proceeds from the fresh share issue will be utilised for funding capital expenditure requirements to expand manufacturing and R&D f...
18 Aug, 2022, 09.12 AM IST
Syrma SGS Technology IPO: All you need to knowThe price band for Syrma SGS Technology IPO has been fixed at Rs 209-220 per share.
13 Aug, 2022, 02.49 PM IST
Syrma SGS Technology IPO subscribed 7% within two hours on Day 1According to the data from BSE, the investors made bids for 19,52,416 equity shares or only 7 per cent of the issue compared to the 2,85,63...
12 Aug, 2022, 03.20 PM IST
Syrma SGS Technology IPO opens: Should you subscribe to the issue?The company aims to raise Rs 766 crore via issuance of fresh equity shares, whereas existing shareholders and promoters will offload 33,69,...
12 Aug, 2022, 10.30 AM IST
Syrma SGS offers a high-risk bet on fast-growing electronics productionRevenue rose by 20% annually to Rs 1,284 crore between FY20 and FY22, while net profit dropped by 16% to Rs 76.4 crore. Revenue growth was ...
12 Aug, 2022, 07.02 AM IST
Syrma SGS Technology IPO opens on Friday. Here's what analysts said"But the company has demanded an EV/Sales multiple of 2.5 times its FY22 pro forma consolidated sales, which is at a premium to the peer av...
11 Aug, 2022, 07.03 PM IST
Sebi gives nod for seven IPOsAccording to a circular issued by Sebi on Monday, the regulator has issued observation letters to companies such as Aether Industries, Syrm...
03 May, 2022, 09.50 AM IST
FabIndia, Aether Industries, 5 others get Sebi's nod to float IPOsThese companies, which filed their preliminary IPO papers with Sebi during December 2021 and February 2022, obtained observations during Ap...
02 May, 2022, 08.28 PM IST
Syrma SGS Technology files DRHP for Rs 1,200-cr IPOThe company will issue fresh equity shares worth Rs 926 crore. Veena Kumari Tandon will offload 3,369,360 equity shares from her stake.
15 Dec, 2021, 02.21 PM IST