Shyam Metalics and Energy is a main coordinated metal delivering organization with an attention on ferro compounds and halfway and long steel items like iron pellets, wipe iron, steel billets, TMT, primary items and wire bars. It is among the biggest makers of ferro composites as far as introduced limit in India, as of February 2021. Starting at 31 March 2020, it was one of the main players as far as pellet limit and the fourth biggest player in the wipe iron industry as far as wipe iron limit in India.
The organization works three assembling plants that are situated at Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal with total introduced metal limit of 5.71 million ton for every annum (MTPA) starting at 31 December 2020. Its assembling plants likewise incorporate hostage power plants with a total introduced limit of 227 MW. The organization is currently expanding the limits of its current assembling plants and hostage power plants to 11.60 MTPA and 357 MW, separately. Shyam Metalics is likewise authorizing an aluminum foil moving plant at Pakuria in West Bengal with a proposed introduced limit of 0.04 MTPA, which is relied upon to become functional in FY2022.
Subscription Dates | 14 – 16 June 2021 |
Price Band | INR303 – 306 per share |
Fresh issue | INR657 crore |
Offer For Sale | INR252 crore |
Total IPO size | INR909 crore |
Minimum bid (lot size) | 45 shares |
Face Value | INR10 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
FY2018 | FY2019 | FY2020 | 9M FY2021 | |
Revenue | 3,920.4 | 4,684.6 | 4,395.3 | 3,995.6 |
Expenses | 3,405.5 | 3,920.7 | 4,099.9 | 3,489.5 |
Comprehensive income | 521.9 | 641.8 | 340.8 | 460.2 |
Margin (%) | 13.3 | 13.7 | 7.8 | 11.5 |
Earnings Per Share (EPS): INR14.57
Price/Earnings (PE ratio): 20.8 – 21.0
Return on Net Worth (RONW): 12.04%
Net Asset Value (NAV): INR120.97 per share
Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
23 June 2021 | 130 | – | – |
22 June 2021 | 135 | – | – |
21 June 2021 | 130 | 500 | 4,800 |
18 June 2021 | 135 | 500 | 5,000 |
17 June 2021 | 150 | 500 | 5,000 |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Shyam Metalics and Energy Limited | Jun 24, 2021 | 306 | 375.85 | 22.83% |
NSE : SHYAMMETL
BSE : 543299ISIN
CODE : INE810G01011
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IPO Opening Date: 14 June 2021
IPO Closing Date: 16 June 2021
Finalisation of Basis of Allotment: 21 June 2021
Initiation of refunds: 22 June 2021
Transfer of shares to demat accounts: 23 June 2021
Listing Date: 24 June 2021
Opening Price on NSE: INR380 per share (up 24.18% from IPO price)
Closing Price on NSE: INR375.5 per share (up 22.71% from IPO price)
Shyam Metalics and Energy Limited
Trinity Tower, 7th Floor,
83, Topsia Road,
Kolkata – 700046, West Bengal
Phone: +91 33 4016 4000
Email: compliance@shyamgroup.com
Website:www.shyammetalics.com
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 59,40,889 | 0.00 | 0.82 | 155.71 |
NII | 44,55,000 | 0.71 | 2.60 | 339.98 |
Retail | 1,03,95,001 | 2.18 | 5.80 | 11.64 |
Employee | 3,00,000 | 0.27 | 0.79 | 1.55 |
Total | 2,10,90,890 | 1.23 | 3.65 | 121.43 |
Shyam Metalics IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹909.00 Crores. The issue is priced at ₹303 to ₹306 per equity share. The minimum order quantity is 45 Shares..The initial public offering (IPO) begins on Jun 14, 2021, and closes on Jun 16, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Shyam Metalics IPO opens on Jun 14, 2021 and closes on Jun 16, 2021.
Shyam Metalics IPO lot size is 45 Shares and the minimum order quantity is 45 Shares.
SHYAM METALICS IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The Basis of Allotment for Shyam Metalics IPO will be done on Jun 21, 2021, and the allotted shares will be credited to your demat account by Jun 23, 2021. Check the Shyam Metalics IPO allotment status.
The Shyam Metalics IPO listing date is on Thursday, June 24, 2021.
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