Syrma SGS Technology Ltd IPO Message Board (Page 49)

As ipo size is 1200 Cr.
And fresh issue is 766 Cr.
So 1200-766=434 Cr to be collected from OFS of 34 lakh share so
Price would be 1000?
Correct if i am wrong

But DHRP is showing 1200 Cr ipo size with 926 Cr fresh issue.
So price will come around 800 rs.

@arvindarvind
Often terms and conditions of an ipo is revised during filling of RHP.Informations mentioned in the RHP is treated as final not DRHP.In this case fresh issue size will be 766 crore.Generally you cant calculate the price band solely based on a RHP.RHP's are made in that way.You have to wait till the official price band announcement.Yes at the time of filling DRHP the size was 1200 crore as per reports.But final size of the ipo can be confirmed only after official price band announcement.

Happy Friendship Day to ALL my friends on this forum - 3 cheers for our strong fundamentally friendship.

Happy friendship day all member @lokes.@dinesh @anant aren.@amit jaipur @ Rajkumar @ maravi. And friends

Respected forum members pls confirm if main bord ipo over subscribed, if an investor applied for more than 1 lot in retail rather than applying for single lot, his allotment chances will increase?

If you are interested in retail, go for only 1 lot. If you are interested in hni, then there are 2 options. If your fund is less than 10 lakhs, go for number of lots amounting just more than 2lakhs, normally 14 lots. If you have funds more than 10 lakhs, go for lots amounting just more than 10 lakhs. In both the HNI categories allotment will be only 2lakhs, if the big hni is oversubscribed by more than 5 times.
Unfortunately we don't get information about the big hni subscription figure separately.

@ravu @imhilli thanks for clearing my doubt

Surprised to see recommendations and GMP from learned members even without knowing the price band. Are they guessing the Price?

Surprising but possible

Ye dhandhe ka secret he lala...
sidhi bhasa me Aag se khelte he... ager price aur ipo size me bada change aye to hath jal jate he...

@suneel padavala..& other experts...Dear sir,after making Pan card for minors...wher we can make sb bank account with internet asba facility? For applying in sme & main board IPOs? Kindly brief some information,i wil follow ur instructions...Thanks

@Jamsait
When you apply Minor PAN card, yes you won't get photo of Minor. That doesn't matter. You apply Minor PAN card and apply Minor bank account in HDFC and Trading/Demat account in Prostocks(widely recommended in this forum for Minors). I think with all this you are all set to go with your Minor account

@Jamsait. Sorry as per forum rules cannot display/share personal information.

Yes minor pan card is without photo. You don't need agent to apply for minor pan card. You can apply it yourself. Process is very simple and Support is also very good and prompt.

Once you get Pan Card open Minor bank account in Kotak/Indusind.
Once bank account is open, approach Prostocks for trading/demat account.

Following webpage in this forum has most of the details related to minor account -
https://www.chittorgarh.com/article/minor_demat_account_minor_trading_account/175/

GMP~ 28Rs

*Syrma SGS Technology Limited*

15k retail
Fix 200
S2 900

10L fix 6k

(with stable premium retail 15k allotment chance 7* per 1 / small HNI( 2 to 10 L ) 6* per 1 / Big HNI ( 10 lakh to carod ) 2* per 1 )

this is running good

*Olatech Solutions Limited-BSE SME*

Issue Date : *12-Aug to 19-Aug, 2022*
Price : *₹27*
Lot Size : *4000 Shares*

Issue : *7,00,000 Shares*
Issue size : *₹1.89 Cr*
FV : *₹10*

Retail : *3,28,000 Shares*
Retail Forms : *82*

LM : *Shreni*
Registrar : *Skyline*

Subject to ( S2 ) 15,555

@admin

Syrma GMP. 34---36

28

After a gap of 77 days between closing of last IPO and opening of this IPO, all Members seems to be very happy. However the members who applied and got allotment in SME IPOs are very happy with considerable profit. Now it's the time to spend some time for this IPO. No doubt the investment is less and profit is even very less for retailers. But for other categories risk and profit is always there. It is difficult to say anything about this at this point of time. The holding will be very near to 50 %. Ofs is also there. But something is better than nothing.
Enjoy the addiction.

Jetha Lal Ji What's your analysis on this IPO ?

Same

Segment in which it's working is quite interesting... Has multi location manufacturing plants... It also looks capital intensive type business.. their Revenues and Assets are going hand in hand..

Bottom line profits are weak numbers.. hardly touching double digit..

Everything depends on Pricing... if priced correctly it can be a good bet... it also reminds me other company SJS (This is also into an very interesting segment)..

I wish it should not go into SJS route and make profits for every investor!!!!

SJS is into decorative aesthetics industry, totally different from this one. This is into electronics manufacturing. Something like BEL. Are you telling this because its SGS amd the earlier SJS, only the middle letter changing ?

You're welcome

@Admin-Chittorgarh.com

As @Monster pointed, please add two more columns for EPS and PE ratio if possible...

It will greatly help for many investors.....

Any one will do. You can calculate the other

Syrma SGS Technology IPO

Anchor : 11 August,2022
Issue Date : 12 to 18 August,2022
Retail : 35%

Expected :-
Pb 220-230
Lot size 65

Gmp started with premium of 23.

Now all so called IPO Gurus and experts will be back on this page 😂

False

Was this supposed to be funny
It's only logical

SGS
FIX 400
IN AHMEDABAD

GMP : 27
HOS

The company has been struggling with bottom line, but if we predict India to be a manufacturing hub like china in next 10 years. I'd say, buy this and Dixon technologies. Not commenting on issue price and not happy with OFS . The company has taken debt recently although future' should be stable and good enough for expansion.

HOS
Syrma ipo gmp : 25 buyer!!

Will NSE & BSE show sHNI and bHNI live subscription data separately?
Considering efficiency of their systems and past track record, I think NO...

If they could not update their system by now, SEBI should at the least announce a 1 Cr Grand Prize for nearest guesser of sHNI and bHNI final sub. fig.
or
1 place : Nearest Guesser = Gold Medal
2nd place: Next nearest guesser = Silver Medal
...
🤣🤣🤣

👏

Also separately application based on ASBA and UPI (UPI can still be cancelled upto 5 pm.). So no effective advantage for ASBA retail who should apply till 2-3 pm.)