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

Shailaja Mohapatra • July 14, 2023 / 08:24 IST

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.

In FY21-22, Synoptics Technology made a Rs 4.32 crore net profit on a Rs 50.97 crore topline.

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