Syrma SGS Technology on Thursday said it has raised Rs 252 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Friday.
The initial public offer (IPO) of Syrma SGS Technology opened today. The share sale of the electronics manufacturing services (EMS) firm will close on August 18. The grey market premium (GMP) of the IPO is Rs 15. The company is offering its shares in a price band of Rs 209 to Rs 220 per share. It plans to raise Rs 840 crore at the upper end of the price band through the share sale. The lot size of Syrma SGS Technology IPO is 68 shares for which one will have to spend Rs 14,960.
Fertiliser company Paradeep Phosphates Ltd's initial public offering (IPO) opened for subscription on Tuesday. The price band for the public issue, which concludes on May 19, has been fixed at Rs 39-42 per share.
Fertilizer company Paradeep Phosphates on Friday said it has raised a little over Rs 450 crore from anchor investors days before the roll-out of its initial public offering. Get more Small Business News and Business News on Zee Business.