✓
Open
30 Jun to 5 Jul, 2023
✓
Close
30 Jun to 5 Jul, 2023
3
Allotment
—
✓
Listing
Thu, Jul 13, 2023
Price Band
₹237 per share
Issue Size
22,80,000 shares (agg. up to ₹54 Cr)
Lot Size
600 Shares
Listing Date
Thu, Jul 13, 2023
Latest GMP
₹-11
Est. Gain
-4.64%
✦ AI Insight
GMP Trend
13-07-2023₹-11Est. ₹226-4.64%
12-07-2023₹-11Est. ₹226-4.64%
11-07-2023₹-1Est. ₹236-0.42%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.69x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 53.80 | 42.80 | 37.60 | 33.26 |
| Total Income | 34.47 | 50.97 | 34.80 | 22.11 |
| Profit After Tax | 5.25 | 4.32 | 2.36 | 1.82 |
| NET Worth | 24.02 | 18.77 | 14.44 | 12.08 |
| Reserves and Surplus | 17.02 | 11.77 | 7.44 | 5.08 |
| Total Borrowing | 19.59 | 14.10 | 11.95 | 12.90 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Veefin Solutions Ltd. | SME | ₹46.73 Cr | ₹82 | 41.41 | ₹90.22 | +10.02% | ₹310.25 (-0.29%) |
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹924.45 (+0.05%) |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹376.35 (+1.99%) |
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹48.30 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of certain Borrowings; | 5.00 |
| 2 | Funding additional Working capital requirements | 17.58 |
| 3 | Investment in Strategic Acquisition / Joint Venture; and | 5.30 |
| 4 | General Corporate Purposes | 6.70 |
About Synoptics Technologies IPO
Incorporated in 2008, Synoptics Technologies Limited provides IT services and solutions. The company offers solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation, and support of the network equipment needed to run the IT setup like routers, switches, etc. It designs solutions for customers who need to put their applications on Cloud, as well as application migration, and managing the setup in the cloud. IT Security solutions like firewall installation and management. Data Centre design and solution with newer technology to optimize the investment and use less space and power and with clearly defined outcomes. Synoptics Technologies helps enterprises, small businesses, and the Government in their Digital journey with various use cases of specific industry verticals. Its B2B customer list includes TATA Communications Limited, BOB Financial Services, Blue Dart Express Limited, Lifestyle International Private Limited, Shoppers Stop Limited, Hennes & Mauritz Retail Private Limited (H&M), Fedbank Financial Services Limited, GIC Housing Finance Ltd, Motilal Oswal Financial Services Limited, Government of Gujarat, etc. The company has recentl
Contact Details
Synoptics Technologies Ltd. Address301, A-Wing, 3rd FloorInterface 16, MindspaceMalad (West)Mumbai, Maharashtra, 400064+91 22 4505 0000cs@synoptics.co.inVisit Website