Synoptics Technologies Ltd. has announced public offering of 2280000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 227.00 per share. The gross proceeds of the issue are expected to be Rs 5,403.60 lakhs.

The company's initial public offer (IPO) will open on 30 June 2023 and is expected to close on 05 July 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 2280000 Equity Shares of the Company at an price of Rs 237.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Synoptics Technologies Ltd. anticipates using the proceeds of the issue for .

FIRST OVERSEAS CAPITAL LIMITED as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.