58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Synoptics Technologies Limited IPO (Synoptics Technologies IPO) Detail

Synoptics Technologies IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Information Technology - Data Solutions sector. First Overseas Capital is the merchant banker of Synoptics Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th September 2018.

Synoptics Technologies IPO open date is 30th June 2023 and close date is 5th July 2023. IPO Allotment Date is 11th July 2023 and Listing date is 13th July 2023.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

Synoptics Technologies IPO Date

Date of DRHP:
12th September 2018
IPO Allotment Date:
11th July 2023
IPO Open Date:
30th June 2023
Initiation of Refund:
12th July 2023
IPO Closing Date:
5th July 2023
IPO Listing Date:
13th July 2023

Synoptics Technologies IPO Info, Size, Subscription

Synoptics Technologies IPO size is Rs 54.03 Cr. crores with IPO price of Rs 237.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 54.03 Cr.

Issue Price:
₹ 237.00

Market Capitalisation :
₹ 200.98 Cr.

PE multiple :
25.32

Subscription :
2.66 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.11%

Synoptics Technologies IPO Information

Sub Sector : IT services and solutions
Synoptics Technologies Limited, originally incorporated as Synoptics Technologies Private Limited on October 15, 2008, in Mumbai under the Companies Act, 1956, transitioned to a public limited company following a shareholder resolution passed on July 3, 2018. The company received its fresh Certificate of Incorporation on July 19, 2018, with the updated name. Synoptics is an IT services company specializing in IT infrastructure solutions, including branch connectivity, supply, implementation, and support of network equipment like routers and switches. The company designs cloud solutions, assists with application migration, and manages cloud setups. It also offers IT security solutions, including firewall installation and management, and provides data center designs leveraging newer technologies to optimize investments, space, and power usage. Synoptics supports enterprises, small businesses, and government organizations in
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Object of Issue (Synoptics Technologies IPO Objectives)

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

First Overseas Capital Limited is the book-running lead manager of the Synoptics Technologies IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Nnm Securities Private Limited for Synoptics Technologies IPO.

Synoptics Technologies IPO Market Maker

Nnm Securities Private Limited

Synoptics Technologies IPO Registrar (RTA)

Bigshare Services Private Limited

Synoptics Technologies IPO Lead Manager (BRLM)

First Overseas Capital Limited

Synoptics Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Synoptics Technologies IPO?

Synoptics Technologies IPO, based in Mumbai, operates in the   Information Technology - Data Solutions sector with a focus on IT services and solutions. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Synoptics Technologies IPO size is ₹ 54.03 Cr. Crores with fresh issue size of Rs 54.03 Cr. Crores and Offer for sale being 54.03..

When is Synoptics Technologies IPO allotment?

The IPO allotment date for Synoptics Technologies IPO is expected to be 11th July 2023, after the finalization of basis of allotment. Investors can check Synoptics Technologies IPO allotment status on the registrars website, Bigshare Services Private Limited. Synoptics Technologies IPO refund dates are 12th July 2023.

When is Synoptics Technologies IPO listing date?

Synoptics Technologies IPO is expected to be listed on 13th July 2023.

What is the price band for Synoptics Technologies IPO?

The upper price band for the Synoptics Technologies IPO is set at ₹ 237.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Synoptics Technologies IPO Review?

For IPO analysis on Synoptics Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Synoptics Technologies IPO?

To apply for the Synoptics Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th July 2023. After submission, funds are blocked until the basis of allotment of Synoptics Technologies IPO is finalised.

Who is the merchant banker of Synoptics Technologies IPO?

The merchant banker for Synoptics Technologies IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Synoptics Technologies IPO RHP for further details.

Who is the Registrar of Synoptics Technologies IPO?

The registrar for Synoptics Technologies IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Synoptics Technologies IPO through their official website or helpline.

What is the Synoptics Technologies IPO subscription?

Synoptics Technologies IPO was subscribed 2.66 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 54.03 Cr. Avg IPO Size (Sector Based) : ₹ 23.76 Cr.
  • Sector: Information Technology - Data Solutions SME IPO so far: 48
  • Merchant Banker: First Overseas SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 46.20 cr.
            PAT: (annualised): ₹ 7.00 cr.
  • PE Ratio: 25.32x Average Sector PE Ratio: 18.61x
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FAQs

Synoptics Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Synoptics Technologies Financial Review Page

Synoptics Technologies IPO subscription was 2.66 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Synoptics Technologies IPO listed at a listing price of 226.10 against the offer price of 237.00.

The current market price of Synoptics Technologies is 97.30.

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