August 12, 2022 - August 18, 2022

Syrma IPO Review & Recommendations

Canara Bank, Dilip Davda, Hem Securities, Investmentz Ltd, KR Choksey Securities Ltd, Reliance Securities, Sushil Finance Ltd and Ventura Securities Limited have given "Apply" recommendation to Syrma IPO. Capital Market and Choice Equity Broking Pvt Ltd have given "May Apply" recommendation to Syrma IPO. Religare Broking Limited has "Neutral" view about the IPO. Axis Capital, Axis Securities Limited, ICICI Direct and JM Financial Institutional Securities have "Not Rated" the IPO.

Syrma IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	8	2	1	0	4
%	53.33	13.33	6.67	0.00	26.67

Syrma IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Axis Securities Limited	Not Rated
Canara Bank	Apply
Capital Market	May Apply
Choice Equity Broking Pvt Ltd	May Apply
Dilip Davda	Apply
Hem Securities	Apply
ICICI Direct	Not Rated
Investmentz Ltd	Apply
JM Financial Institutional Securities	Not Rated
KR Choksey Securities Ltd	Apply
Reliance Securities	Apply
Religare Broking Limited	Neutral
Sushil Finance Ltd	Apply
Ventura Securities Limited	Apply

Syrma IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Syrma IPO is 45. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	45	May subscribe

Syrma IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company did a pre-IPO placement at Rs. 290 a few months back and now it is coming with IPO at Rs. 220 (at the upper cap). This really augurs well for this IPO, but based on its financial data and earnings, the issue is priced at a P/E of 50+ even at lower IPO pricing. The company is focusing on a high-margin product portfolio. The segment in which SSTL is operating is also poised for bright prospects ahead. Hence investors may consider an investment with medium to long-term perspectives. Read detail review...

Syrma IPO Review by Members

Syrma IPO Reviews, analysis and views by popular members. Read Syrma SGS Technology Ltd IPO reviews by retail investors to find recommended ipo to buy.

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Syrma IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	25	0	2	2
%	86.21	0.00	6.90	6.90

Member	Review
Always Be Positive Karma will decide IPO Mentor (500+ Posts, 200+ Likes)	Apply for Listing Gain at Cut-off Price 30-40% listing Gain possible, good revenue growth yoy August 18, 2022 2:24:54 PM
🔥 MOG 🔥 (400+ Posts, 200+ Likes)	Apply for Long Term at Cut-off Price Electronics manufacturing is expected to grow exponentially in India. This company has superior margins because it is involved from the design and conceptualization phase itself which is an added advantage. Only concern is falling margins as the competition increases. August 18, 2022 9:59:52 AM
Chiragsoniii	Apply for Listing Gain at Upper Price Band Apply for listing Gain.. August 18, 2022 9:08:54 AM
ganesh jaiswal IPO Guru (1100+ Posts, 700+ Likes)	Apply for Long Term at Cut-off Price Though more or less fully valued at current price, but promotors and lead managers have left something for investors. The shared offered is discount of appx 60 rupees than the last pvt placement in May 2022 August 17, 2022 8:10:03 PM
Param Patel IPO Mentor (700+ Posts, 400+ Likes)	Apply for Short Term at Cut-off Price IPO Looking Good Market Condition is also Looking Good Apply Full Force Allotment Also Firm August 17, 2022 2:40:10 PM
VANSH PATEL	Neutral Apply for IPO only if you can take risks. We have seen many companies giving 50-60% loss in past few IPO... I am here applying in this IPO with a strategy Book profit on Listing, expected 8-12% this is pretty... And in case seeing nifty at resistence currently trading at RSI 85... Market can take downtrend before listing this ipo so be prepared for 8-10% loss as well. Main reason is behind this IPO peer companies DIXON TECH AND AMBER... so if you can hold for 5 years you can crop some grains + August 17, 2022 1:12:51 PM
ATRS	Apply for Listing Gain at Cut-off Price Apply only for listing gain. I have been in this industry and know that Tandons have been very inconsistent in their businesses. For long term, invest in Dixon. August 17, 2022 9:59:12 AM
Gujju IPO Top Contributor (500+ Posts, 200+ Likes)	Apply for Short Term at Upper Price Band Subscribe for short to medium term August 17, 2022 7:37:57 AM
Professōr Top Contributor (600+ Posts, 200+ Likes)	Apply for Listing Gain at Upper Price Band Nil August 16, 2022 9:56:32 PM
P Patel IPO Mentor (900+ Posts, 900+ Likes)	Apply for Long Term at Cut-off Price China + One Policy and Manufacturing Theme for next 5-10 years August 16, 2022 5:58:03 PM
SaRang 사랑 IPO Guru (1300+ Posts, 2000+ Likes)	Neutral I will consider applying only after a good QIB subscription. August 16, 2022 2:52:45 PM
Amit Pathak	Apply for Short Term at Cut-off Price Apply and hold for 3 months It may be move like emudhra. Listing gain may be 5 % . August 16, 2022 2:51:27 PM
Shahukaar	Apply for Short Term at Upper Price Band Risk he to ishq he... allotment jyada aur kamai badhiya.. August 16, 2022 1:34:59 PM
Rkar	Avoid The balance sheet does not look that strong. August 16, 2022 11:23:12 AM
v for vendetta IPO Mentor (500+ Posts, 500+ Likes)	Apply for Long Term at Upper Price Band Looks promising. Recommended for long-term investment. August 16, 2022 10:44:11 AM
amit K singh IPO Guru (1100+ Posts, 1600+ Likes)	Apply for Short Term at Cut-off Price It's the first ipo after 3 moths. So has first moved advantage, niche sector.. apply ff.. August 16, 2022 10:31:54 AM
Chhattisgarh IPO Mentor (600+ Posts, 500+ Likes)	Apply for Listing Gain at Upper Price Band long time since a mainboard IPO, good sector to be in, china taiwan issues will only boost this further and its natural to happen as USA will not keep quiet August 13, 2022 1:05:24 PM
Mr. C	Apply for Listing Gain at Cut-off Price It’s one of the good electronics Indian company. It’s an opportunity for those who missed Dixon and Amber earlier. August 12, 2022 3:30:21 PM
Devang Singadia	Apply for Long Term at Upper Price Band Good IPO August 12, 2022 8:45:06 AM
Manisha yogeshkumar kalariya	Apply for Listing Gain at Cut-off Price Good IPO Peer Compaire with Dixon Technology & Amber Enterprise. August 11, 2022 3:49:19 PM
OHO® Trading	Apply for Long Term at Upper Price Band The public is not applying this IPO. So buy it. August 11, 2022 2:37:51 PM
Chem cho IPO Guru (2600+ Posts, 2700+ Likes)	Apply for Short Term at Cut-off Price OVER ALL FAIR IPO August 10, 2022 10:46:01 AM
Khush kothari	Apply for Long Term at Cut-off Price Overall good ipo August 9, 2022 8:31:43 PM
Pandyapravin	Avoid High priced. PE above 50.avoid August 9, 2022 1:15:20 PM
KHUS	Apply for Listing Gain at Upper Price Band Since this ipo is coming after a long gap and Syrma is reasonably priced there will be good oppurtunity for making good profit August 8, 2022 9:02:33 PM
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Apply for Long Term at Cut-off Price Apply karo Jor Laga k haisha. Before Applying consult with your financial advisor. & do your own research. August 8, 2022 5:57:33 PM
JAI MATA DI IPO Mentor (800+ Posts, 600+ Likes)	Apply for Long Term at Cut-off Price Next Dixon technology. OEM company.having good growth potential. All peers stock trading at P.E. between 170 to 200. August 7, 2022 10:25:09 PM
Laddi	Apply for Long Term at Cut-off Price Good IPO August 7, 2022 3:11:43 PM
🔥 IPO CALLING 🔥 IPO Mentor (900+ Posts, 700+ Likes)	Apply for Listing Gain at Cut-off Price Next india believing August 7, 2022 3:15:03 AM

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3 Comments

3. Nkparwal Link|August 16, 2022 3:16:18 PM

Apply for short term and listing gains if you have sufficient funds.

2. Javeed Link|August 16, 2022 5:01:20 PM

Let's take a chance...IPO after long time.

1. Javeed Link|August 16, 2022 5:00:27 PM

Let's take a chance...IPO after long time.