Home IPO Syrma SGS: Syrma SGS offers exposure to India’s fast-growing electronics manufacturing

Syrma SGS: Syrma SGS offers exposure to India’s fast-growing electronics manufacturing

by Chris Williams

ET Intelligence group: Syrma SGS, a Chennai-based manufacturer of electronic components, plans to raise Rs 766 crore through a fresh issue of shares to fund capital expenditure towards research and development and to meet long-term working capital requirements. Also, the promoters will offload shares worth up to Rs 73 crore.

With an export focus, the company offers exposure to the country’s fast-growing electronics manufacturing. However, with

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