Synoptics Technologies News Today

BSE data showed that of the 73 mainboard companies that had IPOs in FY24, 26 are now trading below their offer price.

Stock market crash: These IPOs listed with premium in FY24 are trading below their issue price 

It is pouring heavily not only in North India, but at Dalal Street too. However, the latter is seeing a flurry of initial public offers (IPOs). After a busy fortnight that ended on July 7 with seven IPOs - IdeaForge Technology, Cyient DLM, PKH Ventures, Pentagon Rubber, Global Pet Industries, Tridhya Tech, and Synoptics Technologies -- four more IPOs will hit the Street this week, including one mainboard IPO of Utkarsh Small Finance Bank. That apart, Indias largest securities depository National...

When it came to allotment, about 33 applications of the 191 received in the non-retail category were rejected. These 33 applications had bid for a large number of lots.

The momentum may sustain despite possible intermittent consolidation and correction in the coming week, with focus on the inflation print both in India and the US, while there will be some stock-specific actions as the corporate earnings season begins next week

Electronics manufacturing services and solutions provider Cyient DLM looks set for a big-bang debut on July 10. Its final issue price has been fixed at Rs 265 a share

The market in the coming week will first react to June auto sales numbers announced over the weekend and further updates related to HDFC-HDFC Bank merger effective from July 1.

The second half of the year is expected to see a number of companies launching their initial public offerings (IPOs). Senco Gold, PKH Ventures, Global Pet Industries, Tridhya Tech, and Synoptics Technologies have already opened for subscription. Senco Golds IPO will open on July 4, while PKH Ventures IPO began on June 30. In addition, four SMEs will also bring their public issues this week. Alphalogic Industries IPO will open on July 3, and Global Pet Industries, Tridhya Tech, and Synoptics Tech...

The markets in the coming week are expected to react to the June auto sales numbers that were released over the weekend and the HDFC-HDFC Bank merger that will be effective from July 1.

Next week, two companies, Senco Gold Limited and Synoptics Technologies Limited, will be releasing their IPOs. Senco Gold is a jewelry retailer, while Synoptics Technologies is an IT services provider. Both companies have strong financial performance and growth prospects.