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50% of the issue size of the Syrma SGS Technology IPO is set aside for accredited institutional investors, including anchor book, 15% of the offer is allocated to non-accredited investors, and the remaining 35% is set out for retail investors.
Ending the two-and-a-half months of the gap in the initial public offering (IPO) market, electronic manufacturing...
So far in the current fiscal, 11 debutants have gone public to garner Rs 33,254 crore. Of these, a lion's share (Rs 20,557 crore) was raised by a public issue of Life Insurance Corporation of India (LIC).
Promoted and led by Sandeep Tandon and Jasbir Singh Gujral, Syrma SGS, is a technology-focused engineering and design company engaged in turnkey EMS specialised in precision manufacturing.
New Delhi, Aug 8: Electronic manufacturing services firm Syrma SGS Technology on Monday said it will come out with its Rs 840-crore initial share sale on August 12, which will end two-and-a-half months of the gap in the initial public offering (IPO) market. The company has fixed a price band of Rs 209-220 per equity share for its IPO, according to a statement. This would be the first company to tap the primary market in two-and-a-half months. Prior to that, […]