Tuesday, September 04, 2018

Synergy Green IPO Review, Dates, Price Band, Allotment & Market Lot

Synergy Green Industries Limited is incorporated in 2010 based in Kolhapur. The company SGIL is a manufacturer of castings, metal castings, insutrial castings, turbine castings, steel castings and windmill parts. The company has major clients like M/s GE Renewable, M/s Gamesa, M/s Enercon Germany, M/s ZF, M/s Vestas, Denmark and M/s Siemens. They have over 130 employees on payroll. Synergy Green ipo is starting from 04-September and ends on 07-September. The price band is around Rs.70 with 2000 market lot. The ipo size is around 26.46 crore rupees.

IPO Review:
  • Risky
Synergy Green IPO Dates & Price Band:
  • IPO Open: 04-September-2018
  • IPO Close: 07-September-2018
  • IPO Size: Approx Rs 26.46 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.70 Per Equity Share
  • Listing on: BSE SME
  • Shares: 3,780,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,40,000
IPO Allotment & Listing:
  • Basis of Allotment: 14-September-2018
  • Refunds: 17-September-2018
  • Credit to demat accounts: 18-September-2018
  • Listing: 19-September-2018
Financial Results:
  Rs. in Crore
Revenue Expense PAT
2014 37.2 46.5 -9.0
2015 63.8 71.5 -6.9
2016 82.6 81.5 1.6
2017 120.7 116.6 4.9
2018 103.1 100.2 4.7
Synergy Green IPO Important Links:
Company Promoters:
  • Mr. Sachin Rajendra Shirgaokar
  • Mr. Sohan Sanjeev Shirgaokar
  • Mr. Vendavagali Srinivasa Reddy
  • S. B. Reshellers Private Limited
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: synergygreen.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

IPO Lead Managers:
Company Address:
Synergy Green Industries Limited
392 E Ward, Shahupuri, Kolhapur - 416001
Phone: +91-0231-2658375
Email: info@synergygreenind.com
Website: http://www.synergygreenind.com/