Synoptics Technologies Limited
ListedSMEInformation Technology · NSE
Synoptics Technologies Limited, incorporated in 2008, provides comprehensive IT services and solutions, including IT infrastructure setup, cloud migration and management, IT security, and data center design. The company supports enterprises, small businesses, and government organizations in their digital transformation across various industry verticals. Its B2B clients include TATA Communications, BOB Financial Services, Blue Dart, Lifestyle International, Shoppers Stop, H&M, Fedbank, GIC Housing Finance, Motilal Oswal Financial Services, and the Government of Gujarat. Synoptics is also an authorized Private LTE/Private 5G service partner for BSNL nationwide. Headquartered in Mumbai, the company operates across India with 584 employees and regional offices in 17 states.
Price Band
₹237
Issue Size
₹54.03 Cr
Lot Size
600 shares
GMP
₹110
+46.4%
Est. Listing
₹347
at current GMP
Subscribed
77.25x
overall
Open
30 Jun 2023
Close
5 Jul 2023
Allotment
10 Jul 2023
Refund
11 Jul 2023
Demat Credit
12 Jul 2023
Listing
13 Jul 2023
Last updated 12 days ago
Official Registrar Verification
Synoptics Technologies Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
10 Jul 2023
Basis finalization
Refunds Initiate
11 Jul 2023
Mandate release
Demat Credit
12 Jul 2023
Shares in demat
Listing Debut
13 Jul 2023
Trading begins
How to Check Synoptics Technologies Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Synoptics Technologies Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Synoptics Technologies Limited Public Issue & Market Profile
Synoptics Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹54.03 Crores. The shares are offered at a price band of ₹237 to ₹237 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,42,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-07-12, while un-allotted funds or UPI block mandates will be released on 2023-07-11.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.