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Shyam Metalics and Energy Limited IPO

IPO Status: Listed [14th Jun 2021 to 16th Jun 2021]

Rated 3.5/5 by Team InvestorGain
Shyam Metalics and Energy IPO Detail

Shyam Metalics and Energy IPO Details

IPO Issue Opening Date: 14th Jun 2021
IPO Issue Closing Date: 16th Jun 2021
IPO Issue Price: ₹303-306 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: 50.71
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹909 cr
Offer for Sale: ₹252 cr
Fresh Issue: ₹657 cr
Face Value: ₹10 Per Equity Share
IPO Discount: Employee ₹15
Promoter Holding Pre IPO: 100%
Promoter Holding Post IPO: 88.35%
Allotment Status: Allotment Status

Shyam Metalics and Energy IPO Important Dates

Get important updates regarding Shyam Metalics and Energy IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Shyam Metalics and Energy IPO dates
IPO Activity Date
Basis of Allotment Date* 21st Jun 2021
Refunds Initiation* 22nd Jun 2021
Credit of Shares to Demat* 23rd Jun 2021
IPO Listing Date* 24th Jun 2021

* - Tentative Dates

Shyam Metalics and Energy IPO Lots

IPO Activity Date
Issue Price ₹303-306
Market Lot: 45 Shares
1 Lot Amount: ₹13770
Min Small HNI Lots(2-10 Lakh): 675 shares(15 lots) - ₹206550
Min Big HNI Lots(10+ Lakh): - ₹1005210

Shyam Metalics and Energy IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
24-06-2021306130--₹436 (42.48%)24-Jun-2021 10:13
IPO Live GMP

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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Shyam Metalics and Energy

About Shyam Metalics and Energy Limited IPO

Shyam Metalics and Energy Limited IPO is a Mainline IPO of Rs. 1,107 crores. It is a 100% book-built issue IPO that price band is set at Rs. 303 - Rs. 306 per equity share. The IPO is priced at 30.3 and 30.6 times of the face value of Rs. 10 per share and an employee discount of Rs. 15 per share will be available to eligible employees under employe reservation portion. The IPO will be open for subscription from 14 June to 16 June. One can apply for the lot size (minimum order quantity) of 45 shares or its multiple. Scroll down the page further to get more details about Shyam Metalics and Energy Limited IPO including business overview, financials, strengths, weaknesses, GMP, live subscription, allotment, and recommendations.

  • Incorporated on: December 10, 2002
  • Sector: Metals
  • Website: https://www.shyammetalics.com/
  • Issue Size: ₹909 cr
  • Employee Reservation: ₹300,000 shares
  • Employee Discount: ₹15/share

About the Company - Shyam Metalics and Energy Limited

Shyam Metalics and Energy Limited is a leading integrated metal producing company based in India which manufactures long steel products and ferro alloys. It is the largest producer of ferro alloys domestically and the fourth-largest player in the sponge iron industry in terms of our annual installed capacity. It has three manufacturing plants, one in Odisha and two in West Bengal. Their product offerings cater to a mix of customers which consist of institutional customers and end consumers through the distribution network. Furthermore, their Thermo Mechanically Treated (TMT) and structural products are sold under the brand “SEL”. It also undertakes conversion of hot rolled coils to pipes, chrome ore to ferro chrome, and manganese ore to silicon manganese for an Indian steel conglomerate.

Shyam Metalics and Energy IPO Strengths

  • Shyam Metalics and Energy has integrated operations across the steel value chain.
  • Strategic location of the manufacturing plants supported by robust infrastructure leading to cost and time efficiencies.
  • Diversified product mix with strong focus on value added products such as ferro alloys.
  • Association with reputed customers and robust distribution network.
  • Experienced Board and senior management team.
Incorporation Sector IPO Issue Size Website
NULL NULL ₹909 cr Shyam Metalics and Energy Limited

Shyam Metalics and Energy IPO Objective

Shyam Metalics and Energy Ltd will utilize the net proceeds from the IPO towards the following purposes:

  1. Shyam Metalics and Energy Ltd has to make repayment or pre-payment, in full or part, of debt of their Company and SSPL (subsidiary company).
  2. To meet general corporate purposes.

Our experts can help you prepare for SME IPO

Shyam Metalics and Energy IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 5,940,889 Shares
  • Non-Institutional Investors: 4,455,000 Shares
  • Retail Individual Investor: 10,395,001 Shares
  • Employees Quota: 300,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered5,940,889 (28.17%)4,455,000 (21.12%)10,395,001 (49.29%)300,00021,090,890
114th Jun 2021 17:020.00x0.70x2.19x0.27x1.23x
215th Jun 2021 17:020.81x2.60x5.80x0.78x3.65x
316th Jun 2021 17:02155.71x339.98x11.64x1.55x121.43x
Shyam Metalics and Energy financial
Shyam Metalics and Energy Limited Financials 31-Dec-2020 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹5105.15 cr ₹ 5203.79 cr ₹4052.43 cr ₹3470.63 cr
Total Income ₹3995.63 cr ₹4395.30 cr ₹4684.56 cr ₹3920.40 cr
Net Profit/Loss ₹456.32 cr ₹ 340.33 cr ₹636.78 cr ₹528.04 cr

Company Address

Shyam Metalics and Energy Limited
Trinity Tower, 7th Floor, 83, Topsia Road
Kolkata,West Bengal-700046
India
Website: Shyam Metalics and Energy Limited
Phone: +91 33 4016 4000
Email: [email protected]

Shyam Metalics and Energy IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]
Shyam Metalics and Energy IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Shyam Metalics and Energy? Should I apply in Shyam Metalics and Energy IPO?

Last Updated on 27-Sep-2021 10:50:33


User Reviews

6. C K Paliwal Jun 08 2021 12:55:40 PM Reply
Expected GMP please????
5. Girish t k Apr 12 2021 09:58:32 PM Reply
Shyam Metalics and Energy Ltd SME IPO expected listing gain.
4. Ashok kumar Apr 12 2021 09:58:32 PM Reply
Please confirm Shyam Metalics and Energy Ltd SME IPO GMP (grey market premium) and kostak.
3. Jayant hirawat Apr 12 2021 09:58:32 PM Reply
Shyam Metalics and Energy Ltd SME IPO good or bad.
2. Jayant hirawat Apr 12 2021 09:58:32 PM Reply
Shyam Metalics and Energy Ltd SME IPO whether to invest or not.
1. Bhomik Joshi Apr 12 2021 09:58:32 PM Reply
Shyam Metalics and Energy Ltd SME IPO - CRISIL Rating, Apply or not?.