IPO

Synergy Green Industries Limited IPO

BSE SME

Offer Date: Sep 4, 2018 - Sep 7, 2018

₹ 280000 /4000 Shares
*Min Investment

04 Sep, 2018

Open Date

07 Sep, 2018

Close Date

14 Sep, 2018

Allotment Date

18 Sep, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 70/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Total Fresh Issue of 37,80,000 Equity Shares of Rs 10/- at a price of Rs 70/- per share aggregating to Rs 26.46 Cr
  • Listing at BSE SME
  • Lead Manager Swastika Investmart Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Synergy Green Industries Limited IPO is an SME IPO, priced at Rs 70/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 4, 2018 to Sep 7, 2018. The allotment is expected to be finalized on Sep 14, 2018, and the tentative listing date is Sep 18, 2018.


The registrar of the IPO is Link Intime India Private Ltd, and

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IPO Subscription Analysis And Details
Retail
6.00x
Total
40.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved17,94,00017,94,00035,88,000
Day 1 - 04-09-18
2,32,000 0.13 x22,000 0.01 x2,54,000 0.07 x
Day 2 05-09-18
4,76,000 0.27 x64,000 0.04 x5,40,000 0.15 x
Day 3 06-09-18
6,02,000 0.34 x2,12,000 0.12 x8,14,000 0.23 x
Day 4 07-09-18
11,16,000 0.62 x5,10,000 0.28 x16,26,000 0.45 x
Day 5 10-09-18
12,18,000 0.68 x5,40,000 0.30 x17,58,000 0.49 x
Day 6 11-09-18
34,00,000 1.90 x6,40,000 0.36 x40,40,000 1.13 x
Valuations
Earnings Per Share (EPS) Rs 3.30/-
P/E Ratio 21.21
RoNW 52.01%
Net Asset Value (NAV Post Issue) Rs 25.07/-
IPO - Issue Objectives
1

Purchase of Plant and Machinery.

2

Meet Working Capital Requirement.

3

General Corporate Purpose.

4

Meet the Issue Expenses.

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Salebhai Internet Limited5.56NA- (172.01)%0.46
Infibeam Incorporation Limited4.25129.693.27%836.72