Syrma SGS Tech IPO subscribed 32
时间:2024-06-26 16:10:38 阅读(143)
The initial public offer of Syrma SGS Technology, an electronics system design and manufacturing company, was subscribed 32.61 times on the final day of bidding.Syrma is the first company in over two months to hit the market with an IPO and its success may spur fence-sitters to launch their issues as well.
The offer received bids for 931.4 million equity shares as against 28.5 million shares on the offer, according to the data available on exchanges as of 5 pm on Thursday.
Also Read| Syrma SGS IPO GMP falls; last day to subscribe to Rs 840 crore public issue
The company aims to raise Rs 8.4 billion at the upper end of the price band of Rs 209-220.
The IPO consisted of a fresh issue of equity shares aggregating to Rs 7.66 billion and an offer for sale of up to 3.36 million equity shares.
The company had earlier raised Rs 2.52 billion from anchor investors.
Dam Capital Advisors, ICICI Securities , and IIFL Securities are the book running lead managers to the issue.
上一篇:Buy Bata, ONGC, HDFC Life for near-term gains; Nifty support at 17150, charts signal more weakness
下一篇:Will Nifty scale past key 21000 level in trade today- 9 things to know before the share market opens
猜你喜欢
- India to continue buying oil from all countries including Russia- Official
- Share Market Highlights- Nifty settles above 17100, Sensex surges 440 pts; Bank Nifty ends near 39900, RIL shares gain
- India and Czech Republic Forge Strategic Partnership- Pioneering Innovation, Defence, and Economic Collaboration
- Bosch, Cummins India, Blue Star among 40 NSE stocks to hit 52-week highs; 38 touch 52-week lows
- India Inc not fully insulated from global slowdown- Vinit Sambre, head – equities, DSP Investment Managers
- Share Market Highlights- Nifty settles below 18650, Sensex down 290 pts; Bank Nifty below 44400, IT, Auto, Realty tank
- Blockchain trends to watch for 2024
- Bharat Forge- Banking on exports
- IIT-BHU sexual assault case- Accused molested other students, regularly visited campus