Business Standard

Friday, December 20, 2024 | 04:08 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Syrma SGS Technology's Rs 840-crore share sale to open on Friday

Through the IPO, the company is planning to raise Rs 766 crore by issuing fresh shares.

ipo
Premium

The firm has set the price band for its IPO at Rs 209-220 per share.

BS Reporter Mumbai
Syrma SGS Technology, an electronic systems design and manufa­ctur­ing firm, has announced that its Rs 840-crore initial public offer­ing will remain open from August 12-18. 

This is the first IPO to hit the market in nearly three months. Last IPO to hit the market was that of specialty chemicals firm Aether Industries’ on May 24. 

The rebound in the market from June lows has once again improv­ed the prospects for equity share sales, said market players. The firm has set the price band for its IPO at Rs 209-220 per share. 

Through the IPO, the company is planning to raise
Topics : IPOs

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in