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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Syrma SGS Technology Ltd
Registered Office: Unit No 601 6th Floor, Flora Deck Plaza Andheri(East), Mumbai - 400093, Maharashtra
Phone: 1
Email: 1
Website: 1
Initial public offering of 38,187,541* equity shares of face value of Rs. 10 each ("Equity Shares") of the company ("The Company" or the "Issuer") for cash at a price of Rs. 220 per equity share (including a premium of Rs. 210 per equity share) ("Offer Price") aggregating to Rs. 840.13 crores*. The offer comprises of a fresh issue of 34,818,181* equity shares aggregating to Rs. 766.00 crores ("Fresh Issue") and an offer for sale of 3,369,360 equity shares by Veena Kumari Tandon (the "Selling Shareholder", and such equity shares, "Offered Shares") aggregating to Rs. 74.13 crores* ("Offer for Sale", and together with the fresh issue, "Offer"). The offer will constitute 21.67% of the post-offer paid-up equity share capital. The company has, in consultation with the brlms, undertaken the pre-ipo placement of 3,793,103 equity shares at a price of Rs. 290.00 per equity share (including a premium of Rs. 280.00 per equity share) aggregating to Rs. 110.00 crores. Offer Price Rs. 220 per share of face value of Rs. 10 each. The offer price is 22 times of face value. * Subject to finalisation of the basis of allotment.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Aug-2022 18-Aug-2022 220.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 725.72
Project Financed through Current Offer 840.13
Post Issue Equity Share Capital 176.23
Issue Price 220.00
Projects
Funding Capital Expenditure Requirements for Development of a R&D Facility and Expansion setting up of Manufacturing Facilities
Funding the long Term Working Capital Requirements
General Cororate Purposes
Promoted By
Sandeep Tandon
Jasbir Singh Gujral
Veena Kumari Tandon
BSE
NSE
Registrar to the Issue
Attention Investor
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