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
Overall Subscription
77.25x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
2.49x
High Net-Worth
Retail (RII)
2.54x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,083,000 | 2,701,800 | 2.49x |
| RETAIL | 1,083,000 | 2,751,600 | 2.54x |
| Total | 2,166,000 | 5,453,400 | 77.25x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,330 | 3,378 | 2.54x |
| HNIs (10L +) | 9 | 22 | 2.49x |
| HNIs (2-10L) | 41 | 102 | 2.49x |
| Total Applications | 1,380 | 3,502 | 2.54x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Synoptics Technologies Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Synoptics Technologies Limited IPO is ₹110 per equity share. Based on the upper price band of ₹237 to ₹237 per equity share, the estimated listing price is ₹347 (+46.4% expected listing gain).
What is the expected profit per lot for Synoptics Technologies Limited IPO?
With a lot size of 600 shares and current GMP of ₹110, the expected profit per application lot is approx ₹66,000 (+46.4% gain). Minimum application cost is approx ₹1,42,200.
What is the issue size and price band for Synoptics Technologies Limited IPO?
The Synoptics Technologies Limited IPO aggregate issue size is ₹54.03 Crores with an equity price band set at ₹237 to ₹237 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,42,200.
How can I check Synoptics Technologies Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 77.25x (Retail: 2.54x, QIB: 0.00x, NII: 2.49x). You can track live multiples directly on our dedicated subscription page.
Where and when will Synoptics Technologies Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-07-10. Investors can verify status using PAN card or application number.
When is the listing date for Synoptics Technologies Limited IPO?
Synoptics Technologies Limited shares are scheduled to list on NSE on 2023-07-13.