Synoptics Technologies Limited

Company Profile
Company Name Synoptics Technologies Limited
Open Date 30-06-2023
Close Date 05-07-2023
Exchange NSE SME
Lot Size 600 Shares
Issue Price ₹237 per share
Issue Size 22,80,000 Equity Shares
Application Amount ₹ 1,42,200
Recommendation Avoid
Synoptics Technologies Limited was incorporated in the year 2008. Company is offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches etc. Company designs the solution for customers who need to put their applications on Cloud and help for the application migration and manage the setup in the cloud. Synoptics helps enterprise, small businesses and Government in their Digital journey with various use cases of specific industry verticals with technology led and innovation driven approach.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Dec-22
Total Assets 3,759.78 4,279.80 5,379.95
Net Assets 1,444.49 1,876.85 2,402.21
Total Borrowings 1,194.70 1,410.03 1,959.06
Total Revenue 3,479.91 5,097.07 3,446.81
Profit After Tax 236.02 432.36 525.36

Tentative Timeline

Opening Date 30-06-2023
Closing Date 05-07-2023
Basis of Allotment 10-07-2023
Initiation of Refunds 11-07-2023
Credit of Shares to Demat 12-07-2023
Listing Date 13-07-2023

Objects of the Issue

Repayment of certain Borrowings.
Funding additional Working capital requirements.
Investment in Strategic Acquisition/ Joint Venture.
General Corporate Purposes.

Contact Information

Registered Office Synoptics Technologies Limited 301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai - 400064
Phone +91 22 4505 0000

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Website https;//

IPO Reservation

Shareholding Pattern

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