Sylph Technologies Rights Issue dates are not finalized.
Sylph Technologies is an India-based publicly traded company, established in 1992 and headquartered in Indore, Madhya Pradesh. The company operates primarily in the information technology sector but has diversified interests across education, printing and publishing, and solar power trading. Sylph offers a wide range of services including custom software development, mobile and web application solutions, enterprise mobility, and e-commerce platform development. In addition to IT services, the company is also engaged in business process outsourcing (BPO) and knowledge process outsourcing (KPO), providing financial, legal, and tax consultancy services.
In the competitive landscape of global software development and IT services, Sylph Technologies competes with firms like AlmavivA (Italy), Hedgehog Lab (UK), and Hancom (South Korea). While relatively small in scale, the company continues to maintain a multi-sector presence and pursue growth in both domestic and international markets. As of late 2024, Sylph Technologies employed around 191 people, a slight decrease from the previous year.
Promoters of Sylph Technologies – Does Not have an Identifiable Promoter
Table of Contents
Sylph Technologies Rights Issue Details
| Sylph Technologies Rights Issue Date | Coming soon |
| Sylph Technologies Rights Issue Price | INR 1 per share |
| Issue Size (in Shares) | 48,90,90,000 shares |
| Issue Size (in INR) | INR 48.91 crore |
| Issue Entitlement | 15 equity shares for every 11 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Sylph Technologies Rights Issue Record Date | 18 April 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE |
Sylph Technologies Rights Issue Calculation
| Sylph Technologies Rights Issue Price | INR 1 per share |
| Market Price on Rights Issue Approval | INR 1.04 per share |
| Dilution Factor (X) | 2.36 |
| Fair Value After Dilution at Prevailing Price | INR 1.02 per share |
Sylph Technologies Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 0.23 | 4.54 | 15.75 |
| Expenses | 0.70 | 4.66 | 18.52 |
| OPM (%) | (204.35) | (2.64) | (17.59) |
| Net Income | 0.33 | 0.76 | (2.52) |
All Standalone Data
Sylph Technologies Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet Working Capital Requirements
- General corporate purposes
Sylph Technologies Rights Offer Documents
- Sylph Technologies Rights Issue Application Form
- Sylph Technologies Letter of Offer
- Board Meeting Outcome
- Sylph Technologies Draft Letter of Offer
- Rights Issue in 2024
Sylph Technologies Rights Issue Dates
| Rights Issue Approval Date | 12 April 2025 |
| Rights Issue Record Date | 18 April 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Sylph Technologies Rights Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate,
J. R. Boricha Marg, Opp. Kasturba Hospital Lane
Lower Parel (E) Mumbai – 400011, Maharashtra, India
Phone: +91 22 3522 0056 / 4961 4132
Email: [email protected]
Website: www.purvashare.com
Sylph Technologies Contact Details
SYLPH TECHNOLOGIES LTD
201,E Johari Palace 51 M G Road,
Indore Tukoganj, Indore, Madhya India 452001
Phone: +9977700223
Email: [email protected]
Website: www.sylphtechnologies.com
Sylph Technologies Rights Offer FAQs
What is the Sylph Technologies Rights Issue Price?
The issue price is INR 1 per share.
What is the Sylph Technologies Rights Issue entitlement ratio?
The eligible shareholders are offered 15 equity shares for every 11 equity shares held on the record date.
What is the Sylph Technologies Rights Issue Record Date?
The Record date is 18 April 2025.
How to Apply in Sylph Technologies Rights Offer?
The best way to apply in Sylph Technologies Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
The global balance sheet and net worth more than tripled between 2000 and 2020. Assets grew from $440 trillion, or about 13.2 times GDP, in 2000 to $1,540 trillion in 2020, while net worth grew from $160 trillion to $510 trillion. Average per capita net worth was $66,000, but large variations exist across economies, and even more so across households within an economy. In the countries in our sample, per capita net worth ranged from $46,000 in Mexico to $351,000 in Australia. Net worth ranged from 4.3 times GDP in the United States to 8.2 times GDP in China (Exhibit 2).