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.