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Syrma SGS Technology on Thursday said it has raised Rs 252 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Friday. ....
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. ....
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).
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, […] ....