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Syrma SGS Technology Company Details
Syrma SGS Technology is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services (“EMS”), specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries. According to the F&S Report, among the large bouquet of EMS players in India, we are one of the fastest growing Indian-headquartered ESDM companies. The Company has a track record of technical innovation which involves working with the engineering teams of the marquee customers, and over the years, it has evolved to provide integrated services and solutions to OEMs, from the initial product concept stage to volume production through concept co-creation and product realization. Its manufacturing infrastructure enables it to undertake a high mix of products with flexible production volume requirements. It is leaders in high mix low volume product management and are present in most industrial verticals. Further, it is one of the leading PCBA manufacturers in India, supplying to various OEMs and assemblers in the market.

The Company is also amongst the top key global manufacturers of custom RFID tags .
Its current product portfolio may be categorised as follows:
– Printed circuit board assemblies (“PCBA”): Its PCBAs are used in products manufactured in the automotive, medical, industrial, IT and consumer products industries, and shall include box-build products;
– Radio frequency identification (“RFID”) products: Our RFID products are used in products manufactured in the shipping, healthcare, manufacturing, retail and fintech industries;
– Electromagnetic and electromechanical parts, which include magnetic products like chokes, inductors, magnetic filters, transformer as well as high volume manufacturing assemblies: Its electromagnetic and electromechanical parts are used in products manufactured in the automotive, industrial appliances, consumer appliances and healthcare industries, among others; and
– Other products, which include motherboards, DRAM modules, solid state drives, USB drives and other memory products. For more information, click www.syrmasgs.com

The Promoters of Syrma SGS Technology
Sandeep Tandon , Jasbir Singh Gujral , Veena Kumari Tandon & Tancom Electronics Pvt Ltd

Syrma SGS Technology IPO Main Objects
The Offer comprises the Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.
The Company proposes to utilise the Net Proceeds of the Fresh Issue towards funding of the following objects:
1. Funding capital expenditure requirements for development of a R&D facility and expansion / setting up of manufacturing facilities
2. Funding our long term working capital requirements

Syrma SGS Technology IPO Details
IPO opens on (?) , 2022
IPO closes on (?) ,2022
Issue Type: Book Built Issue IPO
Issue : up to ? Shares /Rs (?) Crore
* Fresh Issue of (?) Sh/ Rs.926 Cr
* Offer for Sale Up to o 3,369,360 Sh/ Rs.(?) Cr

Face Value per share : Rs. 10

Syrma SGS Technology IPO Price Band Per Equity Share: Rs. (?)
Syrma SGS Technology IPO Retail Lot Size (?) Shares
Syrma SGS Technology Listing will at BSE,NSE

Shares offered to
QIB (?%) (?) Shares = Rs (?) Cr
NII (?%) Shares = Rs (?) Crs
RII (?%) Shares = Rs (?) Crs
Emp(?%) Shares = Rs (?) Crs
Lot size: (?) Shares = (?) Forms
Min Retail Application : (?) Sh , Rs. (?)
Max Retail Application : (?) Sh, Rs (?)

Syrma SGS Technology IPO Tentative timeTable
Syrma SGS Technology IPO Allotment on ? 2022
Unblocking of ASBA ? 2022
Credit to Demat Accounts ? 2022
Listing on ? 2022

Syrma SGS Technology IPO Financial & Analytical Ratios
Earnings per Share 2019-20 Rs 6.42
Earnings per Share 2020-21,Rs 4,58
Earnings per Share 2021-22 3M Rs 0.97
Return on Net Worth: 19-20 23.58 %
Return on Net Worth: 20-21: 13.79 %
Return on Net Worth: 20-21 3M : 2.85 %
Equity Shares prior to the IPO : 137,617,853 Shares
Book Value of the Share as on 30.6.2021 Rs 28.80
NAV per Equity Share after the Offer (?)
Ratio Analysis
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio
Upper offer price/BV after IPO Ratio:

Syrma SGS Technology IPO Peer Comparison:
Dixon [email protected] PE Multiple of 201.96
Amber [email protected] PE Multiple of 131.02

Syrma SGS Technology IPO Lead Managers 
Dam Capital Advisors, ICICI Securities, IIFL Securities
Registrar to Syrma SGS Technology IPO
Linkintime India Pvt Ltd.

Registered Office of Syrma SGS Technology
Unit No. 601, 6th Floor, Floral Deck Plaza, MIDC, Andheri (East), Mumbai 400 093,
Company Secretary & Compliance Officer : Rahul N Sinnarkar

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