Synergy Green Industries Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

04 Sep 2018

Close Date

11 Sep 2018

Allotment

17 Sep 2018

Listing Date

21 Sep 2018

Exchange

BSE SME

Price Band

₹70

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹70

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

37,80,000 shares (aggregating up to ₹26.46 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹140,000

1 lot

Pre-IPO Holding

1,03,50,000 shares

Promoters

Post-IPO Holding

1,41,30,000 shares

Promoters

UPI Deadline

2018-09-11

Mandate

Anchor AllotmentMon, 03 Sep 2018

Basis of AllotmentMon, 17 Sep 2018

Refund InitiationTue, 18 Sep 2018

Demat CreditTue, 18 Sep 2018

Listing DayFri, 21 Sep 2018

UPI Mandate Deadline2018-09-11

Sale TypeFresh Capital

Net Offer to Public35,88,000 shares (aggregating up to ₹25.12 Cr)

Market Maker Quota1,92,000 shares (aggregating up to ₹1.34 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Synergy Green Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Sep 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	192,000	—	₹1.34
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,780,000	100%	₹26.46

IPO Shares Offered

Synergy Green Industries Ltd. IPO total issue size: ₹26.46 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	192,000	₹1.34	5.08%
Total	3,780,000	₹26.46	100.00%

* Based on upper price band ₹70 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹70.00

Upper Band

Min Investment

₹140,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹280,000
Retail (Max — 13 Lots)	13	26,000	₹1,820,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,960,000
B-HNI (Min — 68 Lots)	68	136,000	₹9,520,000

* Issue Price ₹70 × Lot Size 2,000 shares

IPO Schedule

Anchor

03 Sep 2018

✓ Done

IPO Open

04 Sep 2018

✓ Done

IPO Close

11 Sep 2018

✓ Done

Allotment

17 Sep 2018

✓ Done

Refunds

18 Sep 2018

✓ Done

Demat Credit

18 Sep 2018

✓ Done

Listing Day

21 Sep 2018

✓ Done

₹70.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹70.00 Live Price

About Synergy Green Industries Ltd.

Incorporated in 2010, Kolhapur based Synergy Green Industries Limited (SGIL) is a company engaged in the business of foundry and manufactures castings, industrial castings, metal castings, turbine castings, steel castings and Windmill Parts.The manufacturing Unit of the company is located in Kolhapur. It is ISO 9001:2015 certified for Manufacture of Graded Grey Iron, Spheroidal Graphite Iron and Steel Casting and Machined Components for Non-Automotive and Industrial Applications. The company is capable of handling castings ranging from 500 Kg to 17 MT single piece in ductile iron and grey iron.Some of the major customers of the company are M/s GE Renewable, M/s Vestas, Denmark, M/s Gamesa, M/s Enercon Germany, M/s ZF, and M/s, Siemens.Competitive Strengths1. Client base includes leading names in industry M/s GE Renewable, M/s Vestas, Denmark, M/s Gamesa, M/s Enercon Germany, M/s ZF, and M/s, Siemens.2. The strategic location of manufacturing unit brings significant cost advantage in raw material sourcingThe company has 133 employees on its payroll.

Objects of the Issue

1 Purchase of Plant and Machinery

2 To Meet Working Capital Requirement

3 General Corporate Purpose

Synergy Green Industries Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹8,259.7

31-Mar-16

₹12,067.2

31-Mar-17

₹6,640.6

31-Dec-17

Profit After Tax (PAT)

₹155.2

31-Mar-16

₹486.0

31-Mar-17

₹214.8

31-Dec-17

Particulars	31-Dec-17	31-Mar-17	31-Mar-16
Revenue from Operations	6640.60	12067.19	8259.66
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	214.81	485.96	155.21
Net Worth	N/A	N/A	N/A
Total Assets	10726.23	9178.72	8253.32
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered37,80,000 (100.00%)

Net Offer to Public35,88,000 shares (aggregating up to ₹25.12 Cr)

Reserved for Market Maker1,92,000 shares (aggregating up to ₹1.34 Cr)

Pre-Issue Promoter Holding1,03,50,000 shares

Post-Issue Promoter Holding1,41,30,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

synergygreen.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Swastika Investmart Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Synergy Green Industries Ltd. IPO subscribed? ▲

Synergy Green Industries Ltd. IPO is subscribed 1.00 times by Sep 11, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Synergy Green Industries Ltd. IPO retail subscription status? ▼

The Synergy Green Industries Ltd. IPO retail category is subscribed 1.00 times as of 11 Sep 2018. The retail portion is oversubscribed.

How to subscribe Synergy Green Industries Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 04 Sep 2018 and closes 11 Sep 2018. Min investment: ₹140,000 (1 lot = 2,000 shares). UPI mandate: 2018-09-11.

How many times Synergy Green Industries Ltd. IPO subscribed? ▼

The Synergy Green Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Synergy Green Industries Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 17 Sep 2018. Refunds: on 18 Sep 2018.

When Synergy Green Industries Ltd. IPO will be listed? ▼

The Synergy Green Industries Ltd. IPO listing date is 21 Sep 2018, Friday. Listed on: BSE SME. Issue price: ₹70. Estimated listing: ₹70. GMP: NIL.

When Synergy Green Industries Ltd. IPO close? ▼

The Synergy Green Industries Ltd. IPO closes on 11 Sep 2018, Tuesday. UPI mandate: 2018-09-11. Allotment: 17 Sep 2018. Listing: 21 Sep 2018.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹70.00

Change—

Issue Price₹70.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹70

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹140,000

GMPNIL

Est. Listing₹70

Subscribed1.00x

Open Date04 Sep 2018

Close Date11 Sep 2018

Allotment17 Sep 2018

Listing Date21 Sep 2018

ExchangeBSE SME

UPI Deadline2018-09-11