Syrma SGS Technology IPO opens on Friday. Here's what analysts said

"But the company has demanded an EV/Sales multiple of 2.5 times its FY22 pro forma consolidated sales, which is at a premium to the peer average. Thus the issue seems to be fully priced. Considering the high growth potential in the electronic manufacturing sector, we recommend 'Subscribing with Caution' rating for the issue," Choice Broking said.

Syrma SGS Technology IPO opens on Friday. Here's what analysts said
"But the company has demanded an EV/Sales multiple of 2.5 times its FY22 pro forma consolidated sales, which is at a premium to the peer average. Thus the issue seems to be fully priced. Considering the high growth potential in the electronic manufacturing sector, we recommend 'Subscribing with Caution' rating for the issue," Choice Broking said.