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Syrma SGS Technology stock ended 42.30 per cent higher at Rs 313.05 against the issue price of Rs 220. The shares closed 19.48 percent higher to the opening price of Rs 262 on BSE. ....
Shares of Syrma SGS Technology made a stellar market debut today as the electronics manufacturing services (EMS) firm listed at Rs 262, a premium of 19.09 per cent over its issue price of Rs 220 on BSE. The stock listed at Rs 260 on NSE. The firm offered its shares in a price band of Rs 209 to Rs 220 in the IPO. ....
The grey market premium (GMP) of Syrma SGS Technology initial public offer (IPO) has risen 28 per cent in a day. The GMP, which stood at Rs 35 on August 18 rose to Rs 45 today, according to IPOWatch. That translates into a rise of Rs 10 or 28 per cent in the GMP of the public issue, which closed on August 18. The grey market premium (GMP) of the share sale stands at Rs 45 today, which implies that the stock is expected to list at Rs 265. ....