Syrma SGS IPO | Syrma SGS Technology Ltd IPO- Check Details here

Syrma sgs IPO will open on 12 Aug 2022. Let’s Check the details of this IPO. We will know here the Company Details, what is product company have Syrms sgs IPO timetable , Finacial details of the company and other important details of Syrma sgs ipo .

About Company – Syrma SGS Technology Ltd

Engineering and design firm Syrma SGS Technology Limited, situated in Chennai, Company started in year 2004 Company is in business of manufacturing  electronics services (EMS). Through concept co-creation and product realisation, the company offers original equipment manufacturers (OEMs) integrated services and solutions from the early product concept stage to volume manufacturing.

One of the fastest growing ESDM businesses with an Indian headquarters is Syrma SGS, an engineering and design player with a technology-focused business model. The business collaborates closely with the engineering departments of its most prestigious clients, and it has developed over time to offer OEMs integrated services and solutions, from the early stages of product conception through volume manufacturing through concept co-creation and product realisation. The company, which operates in the majority of industrial verticals, is a leader in high mix low volume product management.

One of the top PCBA producers in India, it serves a range of market OEMs and assemblers. The business is also one of the leading suppliers of customised RFID tags worldwide.


Syrma SGS Technology Ltd- Product Portfolio

  • Printed circuit board assemblies (PCBA)-PCBAs are used in products manufactured in the automotive, medical, industrial, IT and consumer products industries
  • Radio frequency identification (RFID) products-RFID products are used in products manufactured in the shipping, healthcare, manufacturing, retail and fintech industries
  • Electromagnetic and electromechanical parts- These include magnetic products like chokes, inductors, magnetic filters, transformer as well as high volume manufacturing assemblies
  • Motherboards
  • Memory products – DRAM modules, solid state, and USB drives


Syrma SGS Technology Ltd- Manufacturing location

Eleven manufacturing sites in north India (such as Himachal Pradesh, Haryana, and Uttar Pradesh) and south India are used by the company to produce its products (i.e. Tamil Nadu and Karnataka). In a special economic zone in Tamil Nadu, there are manufacturing facilities. The Electronic Hardware Technology Park concept was used to establish the manufacturing facility in Haryana, giving the company access to tax and other incentives.

Syrma SGS IPO Timeline (Tentative Timetable)

Syrma IPO opens on Aug 12, 2022, and closes on Aug 18, 2022. The Syrma IPO bid date is from Aug 12, 2022 10.00 A.M. to Aug 18, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Event Date
Syrma IPO Opening Date Aug 12, 2022
Syrma IPO Closing Date Aug 18, 2022
Basis of Allotment Aug 23, 2022
Initiation of Refunds Aug 24, 2022
Credit of Shares to Demat Aug 25, 2022
Syrma IPO Listing Date Aug 26, 2022


The company has three dedicated R&D facilities, two of which are located at Chennai and Gurgaon and one in Stuttgart, Germany

Syrma SGS Financial Details

Syrma SGS Technology Ltd Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax
31-Mar-19 286.42 357.4 20.97
31-Mar-20 346.7 404.88 43.88
31-Mar-21 460.01 444.48 28.62

Syrma SGS IPO- Why they are bringing  IPO

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

  1. Funding capital expenditure requirements for the development of an R&D facility and expansion / setting up of manufacturing facilities.
  2. Funding long-term working capital requirements.
  3. General corporate purposes.

Syrma SGS IPO Details

Subscription Dates 12 – 18 August 2022
Price Band ₹209 to ₹220 per share
Fresh issue INR926 crore
Offer For Sale 3,369,360 shares
Total IPO size 840 cr
Minimum bid (lot size) 68
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE

Syrma SGS IPO News


Syrma SGS IPO- Syrma sgs company promoters.

The promoters of the company are Sandeep Tandon, Jasbir Singh Gujral, Veena Kumari Tandon and Tancom Electronics Private Limited.

Promoters collectively hold 58.78% of the Equity Share as of Dec 31st, 2021.

Syrma SGS IPO- GMP Details 

Syrma SGS IPO- GMP will be updated here or Facebook page you can follow us – Click here 


Company Contact Information

Syrma SGS Technology Ltd
Plot B27, Phase II, Zone B,
MEPZ-SEZ, Sanatorium, Tambaram,
Chennai 600 045
Phone: 022 40363000
Email: [email protected]

Syrma SGS IPO Registrar

How to apply Scarnose International IPO through Zerodha

Zerodha customers can apply online in Scarnose International IPO using UPI as a payment gateway. Zerodha customers can apply in Scarnose International IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Scarnose International IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘Scarnose International IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

Syrma sgs ipo

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