IPO

Synergy Green Industries Limited IPO

BSE SME

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

₹ 140000 /2000 Shares

IPO Details

04 Sep, 2018

Open Date

07 Sep, 2018

Close Date

14 Sep, 2018

Allotment Date

18 Sep, 2018

Listing Date

Issue Price

Rs 70/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

Link Intime India Private Ltd

Market Lot

2000 Shares (Rs 1,40,000/-)

Lead Manager

Swastika Investmart Limited

Issue Size

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

Retail Portion

N/A

Subscription

40,40,000 1.13 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved17,94,00017,94,00035,88,000
Day 1 - 04-09-182,32,000 0.13 x22,000 0.01 x2,54,000 0.07 x
Day 2 - 05-09-184,76,000 0.27 x64,000 0.04 x5,40,000 0.15 x
Day 3 - 06-09-186,02,000 0.34 x2,12,000 0.12 x8,14,000 0.23 x
Day 4 - 07-09-1811,16,000 0.62 x5,10,000 0.28 x16,26,000 0.45 x
Day 5 - 10-09-1812,18,000 0.68 x5,40,000 0.30 x17,58,000 0.49 x
Day 6 - 11-09-1834,00,000 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/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Salebhai Internet Limited5.56NA- (172.01)%0.46
Infibeam Incorporation Limited4.25129.693.27%836.72

- Promoter(s)


Company Promoter(s)

  1. Mr Sachin Rajendra Shirgaokar
  2. Mr Sohan Sanjeev Shirgaokar
  3. Mr Vendavagali Srinivasa Reddy
  4. S. B. Reshellers Private Limited

IPO - Issue Objectives

  1. Purchase of Plant and Machinery.
  2. Meet Working Capital Requirement.
  3. General Corporate Purpose.
  4. Meet the Issue Expenses.

IPO - FAQs

Ans. Synergy Green Industries Limited IPO is a SME IPO. The issue is priced at Rs 70/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Sep 4, 2018, and closes on Sep 7, 2018. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Synergy Green Industries Limited IPO opens on Sep 4, 2018 and closes on Sep 7, 2018.

Ans. The size of Synergy Green Industries Limited IPO is 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.

Ans. The IPO price band is set between Rs 70/- Per Equity Share .

Ans. To apply for Synergy Green Industries Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Synergy Green Industries Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Synergy Green Industries Limited IPO is Sep 14, 2018.

Ans. The Synergy Green Industries Limited IPO will be listed on Sep 18, 2018.

Ans. Follow the steps to check the allotment status for Synergy Green Industries Limited IPO here.