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Synoptics Technologies IPO: Issue price fixed. GMP, other details of SME issue

Synoptics Technologies IPO: The price band for the initial public offer (IPO) of Synoptics Technologies Ltd has been declared at a fixed price of 237 per equity share. As per the Synoptics Technologies IPO schedule, the public issue proposed for listing on NSE SME exchange will open for bidding on 30th June 2023 and it will remain open for subscribers till 5th July 2023. According to market observers, shares of Synoptics Technologies Ltd are yet to make debut in grey market. They advised investors to scan balance sheet of the company and find out the possible outcome from the IPO when it lists on the NSE SME exchange.

Here we list out important Synoptics Technologies IPO details in 10 points:

1] Synoptics Technologies IPO GMP today: According to market observers, company shares are yet to debut in unlisted stock market.

2] Synoptics Technologies IPO price: The company has fixed Synoptics Technologies IPO price band at 237 per share.

3] Synoptics Technologies IPO subscription date: The NSE SME issue will open for bidding on 30th June 2023 and it will remain open for subscribers till 5th July 2023.

4] Synoptics Technologies IPO size: The IT services and solutions company aims to raise 54.03 crore from this fixed price issue.

5] Synoptics Technologies IPO lot size: An investor will be able to apply in lots and one lot of the public issue will comprise 600 company shares.

6] Synoptics Technologies IPO investment limit: As one lot comprises 600 company shares and one share is offered at 237 per equity share, minimum amount required for investing in this SME IPO is 1,42,200.

7] Synoptics Technologies IPO allotment date: The likely date for share allotment is 10th July 2023.

8] Synoptics Technologies IPO listing: The IPO is proposed for listing on NSE SME exchange and the likely date for Synoptics Technologies IPO listing is 13th July 2023.

9] Synoptics Technologies IPO registrar: Bigshare Services Pvt Ltd has been appointed as official registrar of the SME IPO.

10] Synoptics Technologies IPO lead managers: First Overseas Capital Limited has been appointed as lead mangers of the SME IPO.

Updated: 26 Jun 2023, 02:50 PM IST

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