Synoptics Technologies (NSE SME)

Jun 30, 2023 - Jul 5, 2023

Price ₹237 - ₹237
Premium ₹-3
Lot size 600
Allotment Jul 10, 2023
Listing Jul 13, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 600 142200 0
HNI 2 1200 284400 0
CategoryOfferedAppliedTimes
NIB10,83,00027,01,8002.49
RETAIL10,83,00027,51,6002.54
Total21,66,00054,53,4002.52
Retail Apps4,586© IPO Premium
About

Incorporated in 2008, 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 IPO Details

Total Issue Size 2,280,000 shares
(aggregating up to ₹54.03 Cr)
Fresh Issue 1,480,000 shares
(aggregating up to ₹35.08 Cr)
Offer for Sale 800,000 shares of ₹10
(aggregating up to ₹18.96 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue 7,000,000
Share holding post issue 8,480,000
Market Maker portion 114,000 shares
Nnm Securities

Synoptics Technologies IPO Reservation

Retail Shares Offered Not less than 50.00% of the Offer
 
 

Company Financials

Period Ended 31-Mar-20 31-Mar-21 31-Mar-22 31-Dec-22
Total Assets 3,326.20 3,759.78 4,279.80 5,379.95
Total Revenue 2,211.43 3,479.91 5,097.07 3,446.81
Profit After Tax 182.06 236.02 432.36 525.36
Net Worth 1,208.47 1,444.49 1,876.85 2,402.21
Reserves and Surplus 508.47 744.49 1,176.85 1,702.21
Total Borrowing 1,290.16 1,194.71 1,410.03 1,959.06
Lead Manager(s)
Strength
Weakness
Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/