Shyam Metalics IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Shyam Metalics and Energy
- Important Details – Shyam Metalics and Energy
- Shyam Metalics and Energy IPO Price – Details
- Shyam Metalics and Energy IPO Lot Size
- Objects of the Issue
- Shyam Metalics and Energy IPO Lead Managers
- Shyam Metalics and Energy Registrar
- Shyam Metalics and Energy IPO Allotment Date, Listing Date and other Important Dates
- Shyam Metalics and Energy IPO DRHP & RHP
- Shyam Metalics and Energy IPO – FAQS
About Shyam Metalics and Energy
Shyam Metalics and Energy Limited is one of the leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. The company is the largest producers of ferro alloys in terms of installed capacity in India, as of February 2021.
The company is one of the leading players in terms of pellet capacity and the fourth largest player in the sponge iron industry in terms of sponge iron capacity in India.
The company also one of the leading integrated steel and ferro alloys producers in the eastern region of India in terms of long steel products, as of March 31, 2020. The company has the consistent track record of delivering operating profitability, and since the commencement of the operations in Fiscal 2005, they have delivered a positive EBITDA in each of the Fiscals.
The company is currently operate three manufacturing plants that are located at Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal.
Important Details – Shyam Metalics and Energy
| Date | Details |
|---|---|
| Dec 10, 2002 | Incorporated as Shyam DRI Power Limited at Kolkata, West Bengal, India as a public limited company |
| Nov 23, 2009 | The name of the Company was changed to Shyam Metalics and Energy Limited |
Shyam Metalics and Energy IPO Price – Details
| Description | Details |
|---|---|
| Public Issue | Public issue [.] Equity Shares of ₹10 (aggregating up to ₹909.00 Cr), fresh issue of [.] Eq Shares of ₹10 (aggregating up to ₹657.00 Cr) and offer for sale upto [.] Eq Shares of ₹10 (aggregating up to ₹252.00 Cr) |
| Issue Open Date | 14-Jun-21 |
| Issue Close Date | 16-Jun-21 |
| Issue Type | Book Built |
| IPO Price Band | ₹ 303 to ₹ 306 per equity share |
| Face Value | ₹ 10 |
| Market Lot | 45 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 45 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE, NSE |
| NSE Symbol | SHYMMETAL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Shyam Metalics and Energy IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 45 | ₹ 13,770 |
| Maximum | 14 | 630 | ₹ 1,92,780 |
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Offer towards funding the following objects:
- Repayment and/or pre-payment, in full or part, of debt of the Company and SSPL, one of its
Subsidiaries; and - General corporate purposes.
Shyam Metalics and Energy IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- IIFL Holdings Limited
- JM Financial Consultants Private Limited
- SBI Capital Markets Limited
Shyam Metalics and Energy Registrar
- KFin Technologies Private Limited
Shyam Metalics and Energy IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 14-Jun-21 |
| Bid / Offer Closes on | 16-Jun-21 |
| Finalisation of Basis of Allotment | 21-Jun-21 |
| Initiation of refunds | 22-Jun-21 |
| Credit of the Equity Shares | 23-Jun-21 |
| Commencement of trading – Listing | 24-Jun-21 |
Shyam Metalics and Energy IPO DRHP & RHP
Shyam Metalics and Energy IPO DRHP
Shyam Metalics and Energy IPO RHP
Shyam Metalics and Energy IPO – FAQS
When Shyam Metalics and Energy IPO will open ?
The Shyam Metalics and Energy IPO opens on Jun 14, 2021 and closes on Jun 16, 2021
What is the lot size of Shyam Metalics and Energy IPO ?
Shyam Metalics and Energy IPO lot size is 45 Shares and the minimum order quantity is 45 Shares
What is the price band for Shyam Metalics and Energy IPO ?
The Shyam Metalics and Energy IPO price band from Rs.303 to Rs.306 per share
Who is the Registrar for Shyam Metalics and Energy IPO ?
The Registrar is KFin Technologies Private Limited
How to apply in Shyam Metalics and Energy IPO through UPI?
Check the step by step process here – Click here