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Synoptics Technologies Limited IPO

Synoptics Technologies Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 238.00 (+0.42%)

Synoptics Technologies Limited's has transitioned to a publicly listed entity following its IPO debut on 13-07-2023 at the NSE exchange. The public offering successfully raised 22,80,000 Shares, consisting of 14,80,000 Sharesin new capital and ₹18.96 Cr in existing shareholder sales.

The IPO featured a competitive price range of ₹237 to ₹237 and minimum application size of 600 shares. Market reception was evidenced through subscription activity between 30-06-2023 and 05-07-2023, reflecting investor appetite for the offering.

Allotment of shares was completed on 10-07-2023, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Synoptics Technologies IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Synoptics Technologies IPO Key Performance Indicator
Company Financials ( in Lakhs )

Synoptics Technologies IPO About Company

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.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Synoptics Technologies IPO Strength Factors

NA


Synoptics Technologies IPO Risk Factors

NA


Synoptics Technologies IPO Lead Manager(s)

  • First Overseas Capital Limited

Synoptics Technologies IPO Promoter(s)

  1. Mr. Jagmohan Manilal Shah
  2. Mr. Jatin Jagmohan Shah
  3. Mrs. Janvi Jatin Shah

Synoptics Technologies IPO Company Details

Synoptics Technologies Limited
Phone:
address:

Synoptics Technologies IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Synoptics Technologies IPO FAQs