31 Mar 2019
Assets286.42
Total Income357.40
Profit After Tax20.97
At a glance
Updated 2026-08-23The shares listed at ₹262.00, a 19.09% move from the issue price. Syrma SGS Technology is a Mainboard IPO with an issue size of ₹840.13 crore, proposed for listing on BSE, NSE. The offer opens on 12th Aug 2022 and closes on 18th Aug 2022. The issue structure includes a fresh issue of ₹766.00 crore and an offer-for-sale component of ₹74.13 crore. The current listing schedule points to 26th Aug 2022.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹840.13 Cr
Fresh issue₹766.00 Cr
Offer for sale₹74.13 Cr
Face value₹10
Price band₹209.00–₹220.00
Allotment23rd Aug 2022
Listing26th Aug 2022
Listing performance
Full performance ↗Issue price₹220.00
Listing price₹262.00
Current price—
Listing gain19.09%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹48.00
GMP / upper price21.82%
Est. listing₹268.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Aug 2022
Closes18th Aug 2022
Allotment23rd Aug 2022
Refund24th Aug 2022
Demat25th Aug 2022
Listing26th Aug 2022
Subscription demand
Full bidding ↗Total32.61×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 68 | ₹14,960 |
Company
Incorporated2004
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure requirements for development of a R&D facility and expansion / setting up of manufacturing facilities | ₹261.55 Cr |
| Funding the working capital requirements of the Company | ₹53.84 Cr |
| General Corporate Purposes | ₹191.14 Cr |
| Total | ₹506.53 Cr |
Financials
Full financials ↗31 Mar 2020
Assets346.70
Total Income404.88
Profit After Tax43.88
31 Mar 2021
Assets460.01
Total Income444.48
Profit After Tax28.62
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2022 |
|---|---|
| ROE | 7.83% |
| ROCE | 18.39% |
| Debt / Equity | 0.24% |
| RoNW | 7.83% |
| PAT Margin | 6.00% |
| EBITDA Margin | 10.02% |
Valuation & shareholding
Pre-IPO EPS2.69
Pre-IPO P/E50.69
Promoter holding pre61.47%
Promoter holding post50.19%
Market cap₹3877.04 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission) | ₹18.63 Cr |
| Selling commission payable to SCSBs for Bids directly procured by them and processing fees payable to SCSBs for Bids (other than Bids submitted by UPI Bidders using the UPI Mechanism) procured by the Members of the Syndicate, the Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers to the Offer, fees payable to the Sponsor Bank for Bids made by UPI Bidders | — |
| Selling commission and uploading charges payable to Members of the Syndicate (including their Sub-Syndicate Members), RTAs, CDPs and Registered Brokers | ₹3.65 Cr |
| Fees payable to Registrar to the Offer | ₹0.17 Cr |
| Advertising and marketing expense | ₹5.65 Cr |
| Printing & Stationery expenses | ₹1.53 Cr |
| Listing fees, SEBI fees, BSE and NSE processing fees, book-building software fees, and other regulatory expenses | ₹3.52 Cr |
| Fees payable to legal counsels | ₹2.83 Cr |
| Fees payable to auditors, chartered accountants and company secretaries | ₹6.29 Cr |
| Fees payable to industry expert | ₹0.25 Cr |
| Fees payable for Project Reports | ₹0.05 Cr |
| Miscellaneous | ₹1.14 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.