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August 12, 2022 - August 18, 2022

Syrma IPO FAQ

Syrma IPO Date & Price

The Syrma IPO opens on August 12, 2022 and closes on August 18, 2022.

Syrma IPO timetable / schedule is as below:
  • Bid/Offer Opens On: August 12, 2022
  • Bid/Offer Closes On: August 18, 2022
  • Finalization of Basis of Allotment: August 23, 2022
  • Initiation of refunds: August 24, 2022
  • Credit of Equity Shares: August 25, 2022
  • Listing Date: August 26, 2022

Syrma IPO price is set at ₹220 per equity share.

Syrma IPO will close for subscription at 5 PM on August 18, 2022. But most brokers stop accepting application between 1 PM to 3 PM.

The Syrma IPO starts on August 12, 2022. The issue ends on August 18, 2022.

Syrma IPO Issue Size and Subscription Status

The Syrma IPO size is Equity Shares of ₹10 aggregating up to ₹840.00 Cr.

Syrma SGS Technology Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Syrma IPO shares through the banks (using ASBA) or through the broker (using UPI).

Syrma IPO Offer Size

Qualified Institutional Buyers (QIB)8,553,777 Shares
Non-Institutional Investors (NII)6,003,012 Shares
Retail Individual Investor (RII)14,007,027 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size28,563,816 Shares

Syrma IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)87.56 times times
Non-Institutional Investors (NII)17.50 times times
Retail Individual Investor (RII)5.53 times times
Employee Reservations times
Other Reservations times
Total Issue Size32.61 times times

Click here to check the Syrma IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Syrma IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Syrma IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Syrma IPO Allotment and Listing

The Syrma IPO allot status will be available online on August 23, 2022. Check the Syrma IPO Allotment Status here.

Click here to check Syrma IPO Allotment Status.

Syrma IPO listing Date is August 26, 2022. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Syrma IPO listing date and time is published by the exchange in a circular.

Click here to view the Syrma IPO Basis of Allotment.

It is hard to say at what price Syrma IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Syrma IPO shares will list on August 26, 2022 at BSE, NSE.

Syrma IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Syrma IPO which could help you with questions like Syrma IPO buy or not? You should also read Syrma IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Syrma IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Syrma IPO performance. The performance reports are available 1 day after listing.