Can you tell me about the IPO of Syrma SGS Technology?
Answer
Answer
Syrma SGS Technology has just about filed its DRHP for the proposed Rs.1,200 crore IPO and the SEBI approval normally takes around 2-3 months. The IPO will include a fresh issue portion of Rs.926 crore and an offer for sale worth Rs.274 crore. Syrma specializes in electronics manufacturing services (EMS) and caters to OEMs in industrial appliances, automotive, healthcare and IT sectors. It is an existing profit making company.