What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Syrma SGS Technology Limited IPO?

Syrma SGS Technology Limited IPO has received a total subscription of 32.61 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Syrma SGS Technology Limited

ListedMainboard

Electronics Manufacturing · NSE / BSE

Incorporated in 2004, Syrma SGS Technology Limited is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS), offering integrated solutions to OEMs from product concept to volume production through concept co-creation and product realization. Its product portfolio includes printed circuit board assemblies (PCBA), RFID products, electromagnetic and electromechanical parts, motherboards, and memory products such as DRAM modules, solid-state drives, and USB drives. The company operates eleven manufacturing facilities across Himachal Pradesh, Haryana, Uttar Pradesh, Tamil Nadu, and Karnataka, with units in Tamil Nadu located in an SEZ and one in Haryana under the Electronic Hardware Technology Park scheme, enabling tax and operational benefits. Syrma SGS also has strong R&D capabilities supported by three dedicated R&D centres—two in Chennai and Gurgaon, and one in Stuttgart, Germany.

Price Band

₹220

Issue Size

₹840 Cr

Lot Size

68 shares

GMP

₹39

+17.7%

Est. Listing

₹259

at current GMP

Subscribed

32.61x

overall

Open

12 Aug 2022

18 Aug 2022

Allotment

23 Aug 2022

Refund

24 Aug 2022

Demat Credit

25 Aug 2022

Listing

26 Aug 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

32.61x

Total Demand

QIB Multiplier

87.56x

Institutions & Funds

NII / HNI

17.50x

High Net-Worth

Retail (RII)

5.53x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 32.61x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	8,553,777	748,986,612	87.56x
NIB	6,003,012	105,052,996	17.50x
HNIs(10L +)	4,002,008	76,093,972	19.01x
HNIs (2-10L)	2,001,004	28,959,024	14.47x
RETAIL	14,007,027	77,444,928	5.53x
Total	34,566,828	1,036,537,532	32.61x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 5.96x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	196,554	1,086,944	5.53x
HNIs (10L +)	1,257	21,998	17.50x
HNIs (2-10L)	6,017	105,298	17.50x
Total Applications	203,828	1,214,240	5.96x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Syrma SGS Technology Limited Public Issue & Market Profile

Syrma SGS Technology Limited is bringing an initial public offering (IPO) in the Electronics Manufacturing sector with an aggregate issue size of ₹840.13 Crores. The shares are offered at a price band of ₹220 to ₹220 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 68 shares (approx. ₹14,960 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-08-25, while un-allotted funds or UPI block mandates will be released on 2022-08-24.

Frequently Asked Questions

What is Syrma SGS Technology Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Syrma SGS Technology Limited IPO is ₹39 per equity share. Based on the upper price band of ₹220 to ₹220 per equity share, the estimated listing price is ₹259 (+17.7% expected listing gain).

What is the expected profit per lot for Syrma SGS Technology Limited IPO?

With a lot size of 68 shares and current GMP of ₹39, the expected profit per application lot is approx ₹2,652 (+17.7% gain). Minimum application cost is approx ₹14,960.

What is the issue size and price band for Syrma SGS Technology Limited IPO?

The Syrma SGS Technology Limited IPO aggregate issue size is ₹840.13 Crores with an equity price band set at ₹220 to ₹220 per equity share. The retail lot size is 68 shares requiring a minimum capital outlay of approx. ₹14,960.

How can I check Syrma SGS Technology Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 32.61x (Retail: 5.53x, QIB: 87.56x, NII: 17.50x). You can track live multiples directly on our dedicated subscription page.

Where and when will Syrma SGS Technology Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-08-23. Investors can verify status using PAN card or application number.

When is the listing date for Syrma SGS Technology Limited IPO?

Syrma SGS Technology Limited shares are scheduled to list on NSE and BSE on 2022-08-26.