Synoptics Technologies Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹237 - ₹237
- Lot size
- 600 shares
- Issue amount
- ₹54.03 cr
- Total subscription
- 77.25×
- Opens
- 30 Jun 2023
- Closes
- 5 Jul 2023
- Allotment
- 10 Jul 2023
- Listing
- 13 Jul 2023
Offer at a glance
Issue overview
- Issue size
- 22,80,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,42,200
- Fresh issue
- ₹35.08 cr
- Offer for sale
- ₹18.96 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,42,200
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 70,00,000
- Shares after issue
- 84,80,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 600 | ₹1,42,200 |
| HNI | 2 | 1,200 | ₹2,84,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 25.67 | 65.21 |
| NIB | 25.67 | 64.03 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 4.65 |
| ROE | 21.87 |
| ROCE | 19.16 |
| RONW | 19.48 |
| PRE IPO(PE) | 25.32 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Promoters
Mr. Jagmohan Manilal Shah
Mr. Jatin Jagmohan Shah
Mrs. Janvi Jatin Shah
Registrar & documents
Lead manager
First Overseas Capital Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai - 400064
+91 22 4505 0000
[email protected]Company website ↗Understanding SYNOPTICS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.