The Synoptics IPO commenced on June 30, 2023, and concluded on June 05, 2023. The allotment of shares took place on July 10, 2023, and the initiation of refunds began on July 11, 2023. The shares were credited to the demat accounts of investors on July 12, 2023. Finally, the listing of Synoptics Technologies on the stock exchange occurred on July 13, 2023.
The Synoptics Technologies Limited IPO was priced at ₹237 per share, with a lot size of 600. The total issue size was ₹54.03 crores, comprising a fresh issue of ₹35.08 crores and an offer for sale of ₹18.96 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the Other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Synoptics Technologies IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 12 July 2023 | ₹-8 | -3.38% | – | – |
| 11 July 2023 | ₹-8 | -3.38% | – | – |
| 10 July 2023 | ₹-1 | -0.42% | – | – |
| 9 July 2023 | ₹-1 | -0.42% | – | – |
| 8 July 2023 | ₹-1 | -0.42% | – | – |
| 7 July 2023 | ₹-1 | -0.42% | – | – |
| 6 July 2023 | ₹0 | 0.00% | – | – |
| 5 July 2023 | ₹20 | 8.86% | – | – |
| 4 July 2023 | ₹21 | 8.86% | – | – |
| 3 July 2023 | ₹20 | 8.44% | – | – |
| 2 July 2023 | ₹20 | 8.44% | – | – |
| 1 July 2023 | ₹22 | 9.28% | – | – |
| 30 June 2023 | ₹22 | 9.28% | – | – |
| 29 June 2023 | ₹22 | 9.28% | – | – |
Synoptics Technologies Limited was established in 2008 to provide IT services and solutions. They specialize in different aspects of IT infrastructure, such as connecting branches, supplying and implementing network equipment like routers and switches, and offering support to ensure smooth IT operations.
The company is skilled at designing cloud solutions for clients, including deploying applications, migrating data, and managing cloud setups efficiently. They also offer strong IT security solutions, like installing and managing firewalls. Additionally, Synoptics Technologies provides data center design and solutions that use advanced technologies to optimize investments, save space and power, and achieve specific outcomes.
Synoptics Technologies works with enterprises, small businesses, and government entities to help them with their digital transformation. They customize solutions to meet the unique requirements of different industries. Some of their notable B2B clients include TATA Communications Limited, BOB Financial Services, Blue Dart Express Limited, and several others.
Recently, the company partnered with BSNL to become their authorized nationwide provider for Private LTE / Private 5G services.
Synoptics Technologies is headquartered in Mumbai and has regional offices in 17 locations across India, including Andhra Pradesh, Bihar, Delhi, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Odisha, Punjab, Rajasthan, Telangana, Tamil Nadu, Uttar Pradesh, Uttarakhand, and West Bengal. They have a dedicated team of 584 employees.
Synoptics Technologies IPO More Details Click Here
Synoptics Technologies IPO GMP Today?
Check out today’s Synoptics Technologies IPO GMP by clicking here.
