Sathlokhar Synergys E&C Global IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Sathlokhar Synergys E&C Global Limited IPO GMP

Sathlokhar Synergys turnkey contractors in Chennai / PAN India aim to provide top quality, individualized services according to our needs. They are dedicated to delivering the demands of their clients while upholding international/global criteria and standards.

Sathlokhar Synergys, a Book Built Issue amounting to ₹92.93 crores, consisting entirely a Fresh Issue of 66.38 Lakh Shares. The subscription period for the Sathlokhar Synergys IPO opens on July 30, 2024, and closes on August 01, 2024. The allotment is expected to be finalized on or about Friday, August 02, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, August 06, 2024.

The Share price band of Sathlokhar Synergys IPO is set at ₹133 to ₹140 equity per share, with a minimum lot size of 1,000 shares. Retail investors are required to invest a minimum of ₹140,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹280,000.

GYR Capital Advisors Private Limited is the book-running lead manager, Purva Sharegistry (India) Private Limited is the registrar for the Issue. Giriraj Stock Broking Private Limited is the Market Maker for the Sathlokhar Synergys IPO.

Sathlokhar Synergys E&C Global Limited IPO GMP Today
The Grey Market Premium of Sathlokhar Synergys E&C Global Limited IPO is expected in the range of ₹95 to ₹100 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Sathlokhar Synergys E&C Global Limited IPO Live Subscription Status Today
As of 09:28 PM on 01 August 2024, the Sathlokhar Synergys E&C Global Limited IPO live subscription status shows that the IPO subscribed 185 times on on the final day of subscription period. Check the Sathlokhar Synergys E&C Global Limited IPO Live Subscription Status Today at NSE.

Sathlokhar Synergys E&C Global Limited IPO Allotment Status
Sathlokhar Synergys IPO allotment date is 02 August, 2024, Friday. Sathlokhar Synergys IPO Allotment will be out on 2nd August 2024 and will be live on Registrar Website from the allotment date. Check Sathlokhar Synergys E&C Global Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Sathlokhar Synergys E&C Global Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Sathlokhar Synergys E&C Global Limited IPO
Sathlokhar Synergys Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹7,300.00 Lakhs is required for Working Capital
2. General Corporate Purposes

Refer to Sathlokhar Synergys E&C Global Limited RHP for more details about the Company.

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