Synoptics Technologies IPO Date, GMP, Review, Price, Form & Market Lot Details

The Synoptics Technologies IPO has begun on 30 June 2023. It will close on 05 July 2023. The Total IPO Size is 54.03 Crore. The company set its IPO price is 237 Rs Per Share. Basically, There are three basic categories in Synoptics Technologies IPO Subscription 1) Other 2) Retail Individual Investors (RIIs) 3) Market Maker.

Synoptics Technologies is established in 2008.

Synoptics Technologies is an engaged in the provides IT services and solutions. They offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment’s needed to run the IT setup like routers, switches etc.

They have recently signed an agreement with BSNL to become their authorized Private LTE / Private 5G service partner nationwide this would establish ourselves into upcoming private LTE / Private 5G opportunities.

The Company is headquartered in Mumbai and has regional offices in 16 locations throughout India including Andhra Pradesh, Bihar, Chennai, Delhi, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Odisha, Punjab, Rajasthan, Telangana, Uttar Pradesh, Uttarakhand and West Bengal.

B2B customers include TATA Communications Limited, BOB Financial Services, Blue Dart Express Limited, Lifestlye 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

Check :- Upcoming SME IPO 2023


Name of the Company EPS PE NAV FV
Synoptics Technologies Limited 6.13 38.66 27.18 10
Allied Digital Services Limited 11.66 9.82 102.65 5

Synoptics Technologies IPO Promotors

Name of the Promoter No. of Shares held Average cost of Acquisition (in ₹ )
Mr. Jatin Jagmohan Shah 64,40,000 0.26
Mr. Jagmohan Manilal Shah 2,80,000 0.07
Mrs. Janvi Jatin Shah 1,39,970 0.07
Total Pre Issue 68,59,970 (98.00%)

Synoptics Technologies IPO Date, Details & Price Band

IPO Opening Dates 30 June 2023
IPO Closing Dates 05 July 2023
Price Band 237 Rs Per Share
Fresh issue 35.08 Crore
Total IPO size 54.03 Crore
Offer for sale 18.96 Crore
Minimum bid (lot size) 600 Shares
Face Value 10 INR Per Share
Market Maker 5%
Other 47.50%
Retail Allocation 47.50%
Listing On NSE SME

Synoptics Technologies IPO Market Lot

The Synoptics Technologies IPO minimum market lot is 600 shares With 142,200 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 600 142,200 Rs
Maximum 1 600 142,200 Rs
S-HNI (Min) 2 1200 284,400 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-20 3,326.20 2,211.43 182.06
31-Mar-21 3,759.78 3,479.91 236.02
31-Mar-22 4,279.80 5,097.07 432.36
EPS (₹) NAV (₹) RoNW(%) Borrowings (Lakhs)
31-Mar-20 2.91 27.18 16.57 1,290.16
31-Mar-21 3.47 21.04 16.49 1,194.71
31-Mar-22 6.13 17.57 22.57 1,410.03

Synoptics Technologies IPO GMP Grey Market Premium

Synoptics Technologies IPO GMP Grey market premium has been started today. Check Latest Synoptics Technologies IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Synoptics Technologies IPO Prospectus

Synoptics Technologies IPO
DRHP Download
RHP Download

Synoptics Technologies IPO Reviews

IPOwala – Avoid

Synoptics Technologies IPO Form Download

Synoptics Technologies IPO is available on NSE Website as well as on our Portal. Please click here Synoptics Technologies IPO form Download.

Synoptics Technologies IPO Allotment Date & Details

Allotment Date 10 July 2023
Initiation of refunds 11 July 2023
Transfer of shares to Demat accounts 12 July 2023
Listing Date 13 July 2023
Check Allotment Status Click here

Registrar of Synoptics Technologies IPO

S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura
Centre, Andheri East, Mumbai – 400 093, Maharashtra, India
Tel. No.: +91 22 6263 8200
Email:[email protected]
Investor Grievance Email:[email protected]
Contact Person: Babu Rapheal C.
SEBI Registration No.: INR000001385

Synoptics Technologies Contact Details

Synoptics Technologies Limited
301, A-Wing, 3rd Floor,
Interface 16, Mindspace,
Malad (West), Mumbai – 400064
Phone: +91 22 4505 0000
Email: [email protected]

Synoptics Technologies IPO
Lead Managers

1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Tel No.: +91 22 4050 9999
Email: [email protected]/ [email protected]
Investor Grievance Email: [email protected]
Contact Person: Rushabh Shroff/ Mala Soneji
SEBI Registration No: INM000003671

Leave a Reply