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Syrma SGS Technology IPO GMP – Grey Market Premium Today

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Copy of Harsha Engineers IPO GREY MARKET PREMIUM 30
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Syrma SGS is one of the leading Electronics system design and manufacturing companies focusing on technology-based solutions and Original design manufacturing business. The GMP of Syrma SGS IPO is changing a lot every hour, therefore we have made a dedicated page to track it. Check out Syrma SGS Technology IPO Grey Market Premium aka Syrma SGS Technology IPO GMP, Kostak rates, and Subject to Sauda rates as of today.

What is Syrma SGS Technology IPO GMP?

The Syrma SGS Technology IPO GMP or Grey Market Premium is ₹52

What is Syrma SGS Technology IPO Kostak?

The Syrma SGS Technology IPO Kostak Price or Rate is ₹650

What is Syrma SGS Technology IPO Subject to Sauda?

The Syrma SGS Technology IPO Subject to Sauda is ₹2500

Syrma SGS Technology IPO Expected Returns

Syrma SGS Technology IPO Expected returns is 25%

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DateGMPKostakSubject to
25 August 2022526502500
24 August 2022536502500
23 August 2022536502500
22 August 2022606002500
21 August 2022606002500
20 August 2022606002500
19 August 2022455002000
18 August 2022455002000
17 August 2022303751500
16 August 2022273751500
15 August 2022273751500
14 August 2022273751000
13 August 2022273751000
12 August 202210300500
11 August 2022254001000
10 August 2022224001000
9 August 2022204001000
8 August 2022000

Syrma SGS Technology IPO GMP Daily Movements

Syrma SGS Technology IPO Dates & Price Band :

 IPO Open:12 August 2022
 IPO Close:18 August 2022
 IPO Size:Approx 840 Crore
 Price Band:₹209 to ₹220 Per Share
 Listing on:BSE & NSE
 Retail Portion:35%
 Equity:3,369,360 Equity Shares
Face Value: ₹10 Per Equity Share

Syrma SGS Technology IPO Market Lot:

  • Shares: Minimum: 68 Shares & Maximum 884 Shares in the retail category.
  • Minimum Amount: 14,960 
  •  Maximum Amount: 194,480

Syrma SGS Technology IPO Allotment & Listing :

  • Basis of Allotment: 23 August 2022
  • Refunds: 24 August 2022
  • Credit to Demat accounts: 25 August 2022
  • Listing: 26 August 2022

About Syrma SGS Technology

Chennai-based engineering and design company Syrma SGS Tech is going will launch its IPO on Friday, 12 August 2002. Syrma SGS is one of the leading Electronics system design and manufacturing companies with a focus on technology-based solutions and Original design manufacturer business.

The company’s manufacturing facilities in Tamil Nadu are placed in SEZs, allowing them to take advantage of specific tax and other incentives in relation to the products manufactured at these facilities. As per the Red Herring Prospectus (RHP) of Syrma SGS Technology IPO, the public issue will remain open for bidding till 18th August 2022. The anchor book will be opened for a day on August 11.

Through its pre-IPO placement, Syrma SGS Technology has already raised Rs 110 crore for 37.93 lakh shares before filing the red herring prospectus. The said fundraising was at a price of Rs 290 per share, a 32 percent premium to the issue price of Rs 220.

“Their financial position illustrates not only the growth of their operations over the years but also the effectiveness of the administrative and costs management protocols that they have implemented,” Axis Securities said.

Read Also
Syrma SGS Technology IPO Subscription
Syrma SGS Technology Allotment Status
Syrma SGS Technology IPO Date

Disclaimer:

– IPO Grey Market Premium (Syrma SGS Technology IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the Fundamentals of the companies.

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