Moneycontrol PRO
HomeNewsBusinessStocksInvestors in this SME IPO got full allotment despite oversubscription. Here’s what happened

Investors in this SME IPO got full allotment despite oversubscription. Here’s what happened

When it came to allotment, about 33 applications of the 191 received in the non-retail category were rejected. These 33 applications had bid for a large number of lots.

July 14, 2023 / 08:24 IST
In FY21-22, Synoptics Technology made a Rs 4.32 crore net profit on a Rs 50.97 crore topline.
Unlock This Article

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

Unlock exclusive discounts