Synoptics Technologies Limited IPO

Synoptics Technologies Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹237 per share. The stock debuted at ₹238 with a flat listing performance. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,42,200.

Synoptics Technologies Limited IPO

NSE SME Listed
₹1,42,200 (600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 30, 2023 – Jul 5, 2023
Price band
₹237 per equity share
Minimum Investment
₹1,42,200
Issue size
2,280,000 shares(aggregating up to ₹54.03 Cr)
Lot size
600
Allotment Date
Jul 10, 2023
Listing
Jul 13, 2023
Listing At
NSE SME

IPO timeline

  1. Jun 30, 2023

    Open Date

    Completed

  2. Jul 5, 2023

    Close Date

    Completed

  3. Jul 10, 2023

    Allotment Date

    Completed

  4. Jul 13, 2023

    Listing Date

    Completed

Synoptics Technologies Limited IPO Essentials

Synoptics Technologies Limited IPO Details

Synoptics Technologies Limited IPO is priced at ₹237 per share with a total issue size of 2,280,000 shares(aggregating up to ₹54.03 Cr). The IPO has a lot size of 600 shares and is listed on NSE SME.

Issue price
₹237 per equity share
Lot size
600 shares
Face value
₹10 Per Equity Share
Issue size
2,280,000 shares(aggregating up to ₹54.03 Cr)
Listing at
NSE SME
List price
238.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
First Overseas Capital Limited

Synoptics Technologies Limited IPO Details

  • Retail Portion N/A

Synoptics Technologies Limited IPO Documents

Synoptics Technologies Limited IPO Analytics

Synoptics Technologies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Synoptics Technologies Limited IPO Subscription Status

Synoptics Technologies Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 1,083,000 1,083,000 2,166,000
Day 1 30-06-23 06:00 PM
(0.12) x 0.20 x 0.25 x
Day 2 03-07-23 06:00 PM
(0.53) x 0.51 x 0.62 x
Day 3 04-07-23 06:00 PM
(2.09) x 0.78 x 1.53 x
Day 4 05-07-23 06:00 PM
(2.49) x 2.54 x 2.62 x

Synoptics Technologies Limited Valuations

Earnings

EPS (Post IPO)
₹4.65/-
P/E Ratio
25.32

Returns

RoNW
19.48%

Data sourced from DRHP / RHP • For educational purposes only

Synoptics Technologies Limited Financials( In Lakhs)

31-Dec-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 5,379.95 4,279.80 3,759.78 3,326.20
Revenue 3,446.81 5,097.07 3,479.91 2,211.43
Profit After Tax 525.36 432.36 236.02 182.06

Synoptics Technologies Limited Company & Offer Insights

About Synoptics Technologies Limited

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 recently signed an agreement with BSNL to become their authorized Private LTE / Private 5G service partner nationwide.

Synoptics currently operates across India with a team of 584 employees. The company is headquartered in Mumbai and has regional offices in 17 locations throughout India including Andhra Pradesh, Bihar, Chandigarh, Delhi, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Odisha, Punjab, Rajasthan, Telangana, Tamil Nadu, Uttar Pradesh, Uttarakhand, and West Bengal.

Synoptics Technologies Limited Promoter(s)

Mr. Jagmohan Manilal Shah, Mr. Jatin Jagmohan Shah, Mrs. Janvi Jatin Shah are the company's promoters of Synoptics Technologies Limited.

Synoptics Technologies Limited IPO Issue Objectives

Repayment of certain Borrowings
Funding additional Working capital requirements
Investment in Strategic Acquisition / Joint Venture
General Corporate Purposes.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Synoptics Technologies Limited IPO is a Fixed Priced IPO worth ₹2,280,000 shares(aggregating up to ₹54.03 Cr). The issue price is ₹237 per share (fixed price). The IPO opens on Jun 30, 2023 and closes on Jul 5, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Synoptics Technologies Limited IPO is ₹237 per share (fixed price).

The lot size of Synoptics Technologies Limited IPO is 600 shares.

The minimum investment for Synoptics Technologies Limited IPO is approximately ₹1,42,200 based on the issue price .

Synoptics Technologies Limited IPO opens on Jun 30, 2023 and closes on Jul 5, 2023.

The allotment date of Synoptics Technologies Limited IPO is Jul 10, 2023.

Synoptics Technologies Limited IPO is expected to be listed on Jul 13, 2023, on NSE SME Platform.

Synoptics Technologies Limited IPO valuation snapshot: P/E 25.32, EPS ₹4.65/-, P/B N/A, RoNW 19.48%, and market cap N/A.

To apply for Synoptics Technologies Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Synoptics Technologies Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Synoptics Technologies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Synoptics Technologies Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Synoptics Technologies Limited IPO allotment status on IPO Ji for quick and easy access.