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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

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
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Member Review
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
v for vendetta
IPO Mentor 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
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
SaRang 사랑
IPO Guru IPO Guru (1300+ Posts, 2000+ Likes)

Neutral

I will consider applying only after a good QIB subscription.

August 16, 2022 2:52:45 PM
Rkar

Avoid

The balance sheet does not look that strong.

August 16, 2022 11:23:12 AM
Professōr
Top Contributor Top Contributor (600+ Posts, 200+ Likes)

Apply for Listing Gain at Upper Price Band

Nil

August 16, 2022 9:56:32 PM
Param Patel
IPO Mentor 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
Pandyapravin

Avoid

High priced. PE above 50.avoid

August 9, 2022 1:15:20 PM
P Patel
IPO Mentor 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
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
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
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
Laddi

Apply for Long Term at Cut-off Price

Good IPO

August 7, 2022 3:11:43 PM
Khush kothari

Apply for Long Term at Cut-off Price

Overall good ipo

August 9, 2022 8:31:43 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
JAI MATA DI
IPO Mentor 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
Gujju IPO
Top Contributor 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
ganesh jaiswal
IPO Guru 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
🔥 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
🔥 IPO CALLING 🔥
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)

Apply for Listing Gain at Cut-off Price

Next india believing

August 7, 2022 3:15:03 AM
Devang Singadia

Apply for Long Term at Upper Price Band

Good IPO

August 12, 2022 8:45:06 AM
Chiragsoniii

Apply for Listing Gain at Upper Price Band

Apply for listing Gain..

August 18, 2022 9:08:54 AM
Chhattisgarh
IPO Mentor 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
Chem cho
IPO Guru 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
B.M.SURANA
IPO Guru 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
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
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
amit K singh
IPO Guru 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
Always Be Positive Karma will decide
IPO Mentor 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

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  • The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
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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.