Suyog Telematics Ltd IPO


IPO Subscription Details

  • Open Date 30 Dec
  • Close Date 07 Jan
  • Lot Size 6000
  • IPO Size ₹ 4.53 Cr
  • IPO Price Range ₹ 25
  • Min Investment ₹ 150000

IPO Synopsis

Public issue of 18,12,000 equity shares of Rs. 10/- each (Equity Shares) of Suyog Telematics Limited (STL or The Company or The Issuer) for cash at a price of Rs. 25/- per share (The Issue Price), aggregating to ` 4.53 crores (The Issue), of which, 1,08,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,04,000 equity shares of Rs. 10/- each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.04% and 26.37 %, respectively of the post issue paid up equity share capital of the company.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Suyog Telematics Ltd IPO

Contact Information

41 Suyog Industrial Estate,
1st Flr LBS Marg Vikhroli West,
Mumbai, Maharashtra 400083

Suyog Telematics Ltd IPO Lead Manager

Aryaman Financial Services Ltd

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