Syrma SGS Tech IPO: GMP, price band, key details as issue to open for subscription this week

[ad_1]

After a dull period for initial public offerings (IPOs) for the last few months, Syrma SGS Technology will be launching its public issue this week on Friday, August 12, 2022 and the initial share sale will conclude on Thursday August 18, 2022. The price band is fixed at 209 to 220 per share.

Syrma SGS Tech’s IPO includes a fresh issue of 766 crore and an offer for sale (OFS) of up to 3.37 million shares by promoter. The company aims to raise 840 crore through its IPO.

As per market observers, Syrma SGS Technology shares are available at a premium (GMP) of 30 in the grey market today. The company’s shares are expected to list on stock exchanges BSE and NSE on Friday, August 26, 2022.

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. The company operates through eleven manufacturing facilities in Himachal Pradesh, Haryana, Uttar Pradesh, Tamil Nadu and Karnataka.

The company aims to use the net proceeds from the fresh share issue for funding capital expenditure requirements to expand manufacturing and R&D facilities and to fund long-term working capital requirements.

DAM Capital Advisors, ICICI Securities, and IIFL Securities are the book-running lead managers for the offer, whereas Link Intime India is the registrar to the issue.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
Download The Mint News App to get Daily Market Updates.

More
Less

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post 5 tech trends to utilize for your next open house
Next post Volkswagen to buy autonomous driving tech worth $4 billion from Israel company
senang303 sukses303 horus303 spesial4d sboku99 amarta99 joinbet99 akun pro amerika akun pro asia akun pro ceko akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro italia akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro lebanon akun pro london akun pro luar akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro vietnam senang303
sukses303
horus303
sboku99
spesial4d
amarta99
joinbet99senang303sukses303horus303amarta99sboku99spesial4djoinbet99baccarat onlinemega wheelroulette onlinesicbo onlinespacemanws168sv388s128digmaansabung ayam onlineagen judi bolaibcbetparlaysaba sportagen sbobetslot gacor 4dslot gacor 777slot gacor 88slot-mawinmahjong slotslot amerika slot asia slot ceko slot dubai slot eropa slot china slot filipina slot hongkong slot italia slot jepang slot jerman slot kamboja slot korea slot lebanon slot lodon slot luar slot malaysia slot myanmar slot platinum slot prancis slot rusia slot singapore slot taiwan slot thailand slot vietnam akun pro amerika akun pro asia akun pro ceko akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro italia akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro lebanon akun pro london akun pro luar akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro vietnam slot amerika slot asia slot ceko slot dubai slot eropa slot china slot filipina slot hongkong slot italia slot jepang slot jerman slot kamboja slot korea senang303sukses303horus303amarta99sboku99spesial4djoinbet99baccarat onlinemega wheelroulette onlinesicbo onlinespacemanws168sv388s128digmaansabung ayam onlineagen judi bolaibcbetparlaysaba sportagen sbobetslot demoslot gacor 4dslot gacor 777slot gacor 88slot-mawinakun pro amerika akun pro asia akun pro ceko akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro italia akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro lebanon akun pro london akun pro luar akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro vietnam slot amerika slot asia slot ceko slot dubai slot eropa slot china slot filipina slot hongkong slot italia slot jepang slot jerman slot kamboja slot korea slot lebanon slot lodon slot luar slot malaysia slot myanmar slot platinum slot prancis slot rusia slot singapore slot taiwan slot thailand slot vietnam slot-server-amerikaslot-server-asiaslot-server-chinaslot-server-filipinaslot-server-hongkongslot-server-jepangslot-server-kambojaslot-server-malaysiaslot-server-mesirslot-server-myanmarslot-server-platinumslot-server-prancisslot-server-rusiaslot-server-singaporeslot-server-taiwanslot-server-thailandslot-server-turkislot-server-ugandaslot-server-uruguayslot-server-vietnamsenang303sukses303horus303amarta99sboku99spesial4djoinbet99baccarat onlineroulette onlinemega wheelsicbo onlinespacemanws168sv388s128s128digmaansabung ayam onlineagen judi bolaibcbetparlaysaba sportagen sbobetmahjong slotslot gacor 4dslot gacor 777slot gacor 88slot-mawinakun-pro-big855akun-pro-hongkongakun-pro-jepangakun-pro-kambojaakun-pro-malaysiaakun-pro-myanmarakun-pro-platinumakun-pro-rusiaakun-pro-taiwanakun-pro-thailandakun pro amerika akun pro asia akun pro ceko akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro italia akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro lebanon akun pro london akun pro luar akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro vietnam slot amerika slot asia slot ceko slot dubai slot eropa slot china slot filipina slot hongkong slot italia slot jepang slot jerman slot kamboja slot korea slot lebanon slot lodon slot luar slot malaysia slot myanmar slot platinum slot prancis slot rusia slot singapore slot taiwan slot thailand slot vietnam