Synoptics Technologies, an Indian IT services company, will launch its initial public offering on June 30, which closes on July 5. The offering comprises fresh equity shares of up to 14.8 lakh and an offer of sale of 8 lakh shares at a price band of INR237 apiece. With First Overseas Capital as the lead manager and Bigshare Services as the registrar, the net proceeds will be used for repayment of borrowings and other general purposes. The company's shares are expected to be listed on the NSE Emerge platform on July 13.
