ListedSMESYNOPTICS

Synoptics Technologies Limited

Synoptics Technologies Limited is a sme IPO raising ₹35 Cr at a fixed price of ₹237 a share. It listed on 13 Jul 2023 and trades at ₹74 today, −68.7% against its issue price of ₹237. It was subscribed 0.00× in total.

Get alerts on this company Company page

₹237

Issue price

₹74

Price now

−68.7%

Since issue price

13 Jul 2023

Listed on

0.00×Subscribed (final) · all exchanges

No bids yet

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹237

Cut-off price₹237

Issue size₹35 Cr

Shares per lot600

Minimum application₹1,42,200

Minimum quantity600

Face value₹10

Listing exchanges—

ISININE0BTR01012

Bidding hours10:00 – 17:00 IST

Bidding window30 Jun 2023 – 5 Jul 2023

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.