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Synoptics Technologies Limited IPO

Synoptics Technologies Limited was a SME IPO in the IT Enabled Services sector, offered at ₹237–₹237 per share to raise ₹19 crore. It listed on 13 Jul 2023 at ₹238 and closed its first day at ₹226, a listing loss of -4.6% versus the ₹237 issue price. It now trades around ₹51 (-78.4% versus the issue price).

Frequently asked questions

What were the Synoptics Technologies Limited IPO listing gains?
Synoptics Technologies Limited listed on 13 Jul 2023 at ₹238, closing its first day at ₹226 — a listing loss of -4.6% versus the ₹237 issue price.
What was the price band and lot size of the Synoptics Technologies Limited IPO?
The price band was ₹237–₹237 per share, with a minimum lot of 600 shares (₹1,42,200 at the upper band).
Who were the registrar and lead manager for the Synoptics Technologies Limited IPO?
Bigshare Services Pvt. Ltd. was the registrar, and First Overseas Capital was the book-running lead manager.