Shyam Metalics and Energy Limited IPO
Mainboard₹13,770 / 45 Shares
Shyam Metalics and Energy Limited IPO Details
The Shyam Metalics and Energy Limited IPO price band is set between ₹303-306 per equity shareEmployee Discount: ₹15, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 14 Jun, 2021 and closes on 16 Jun, 2021. Investors can check the allotment status on 21 Jun, 2021, while the listing date is tentatively scheduled for 24 Jun, 2021.
The total issue size is 2,97,05,882 Eq Shares of ₹10, aggregating up to ₹909.00 Cr. Stay tuned for the latest Shyam Metalics and Energy Limited IPO review and GMP updates.
Shyam Metalics and Energy Limited IPO Review, Rating & Analysis
Shyam Metalics and Energy Limited IPO Review
NO REVIEWShyam Metalics and Energy Limited IPO Rating
Shyam Metalics and Energy Limited IPO Highlights
IPO Date
Jun 14, 2021 - Jun 16, 2021
Listing Date
24 Jun, 2021
Face Value
₹10 Per Equity Share
Price Band
₹303-306 per equity shareEmployee Discount: ₹15
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Shyam Metalics and Energy Limited IPO Lot Size
The minimum market lot for Shyam Metalics and Energy Limited IPO is 45 shares with an application amount of ₹675. Retail investors can apply for up to 296 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹675 |
| Retail (Max) | 296 | 13320 | ₹1,99,800 |
| S-HNI (Min) | 297 | 13365 | ₹2,00,475 |
| S-HNI (Max) | 1481 | 66645 | ₹9,99,675 |
| B-HNI (Min) | 1482 | 66690 | ₹10,00,350 |
Shyam Metalics and Energy Limited IPO Timeline
Issue Price
₹303-306 per equity shareEmployee Discount: ₹15Face Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Axis Capital Limited, ICICI Securities Limited, IIFL Holdings Limited, JM Financial Consultants Private Limited, SBI Capital Markets LimitedIssue Size
2,97,05,882 Eq Shares of ₹10(aggregating up to ₹909.00 Cr)Fresh Issue: 2,14,70,588 Eq Shares of ₹10 (aggregating up to ₹657.00 Cr)Offer for Sale: 82,35,294 Eq Shares of ₹10 (aggregating up to ₹252.00 Cr)Shyam Metalics and Energy Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 20 | 5105.14 | 3995.63 | 456.32 | - | - | - |
| 31 Mar 20 | 5203.78 | 4395.30 | 340.32 | - | - | - |
| 31 Mar 19 | 4052.43 | 4684.56 | 636.78 | - | - | - |
| 31 Mar 18 | 3470.62 | 3920.39 | 528.03 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mahabir Prasad Agarwal
- Brij Bhushan Agarwal
- Sanjay Kumar Agarwal
- Subham Capital Private Limited
- Subham Buildwell Private Limited
- Narantak Dealcomm Limited
- Kalpataru Housefin & Trading Private Limited
- Dorite Tracon Private Limited
- Toplight Mercantiles Private Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 88.35% |
About Company
Shyam Metalics is a leading integrated metal producing company based in India (Source: CRISIL Report) with a focus on long steel products and ferro alloys. There are amongst the largest producers of ferro alloys in terms of installed capacity in India, as of February 2021 (Source: CRISIL Report). They have the ability to sell intermediate and final products across the steel value chain. As of March 31, 2020, they were 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 (Source: CRISIL Report). They were 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 (Source: CRISIL Report). They have a consistent track record of delivering operating profitability, and since the commencement of our operations in Fiscal 2005, we have delivered a positive EBITDA in each of the Fiscals.
Shyam Metalics and Energy Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
9.15 times
Frequently Asked Questions about Shyam Metalics and Energy Limited IPO IPO
When will Shyam Metalics and Energy Limited IPO open for subscription?
The Shyam Metalics and Energy Limited IPO opens on 14 Jun, 2021 and closes on 16 Jun, 2021.
What is the investors portion for Shyam Metalics and Energy Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Shyam Metalics and Energy Limited IPO?
You can apply for Shyam Metalics and Energy Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Shyam Metalics and Energy Limited IPO?
The issue size of Shyam Metalics and Energy Limited IPO is approx ₹2,97,05,882 Eq Shares of ₹10(aggregating up to ₹909.00 Cr)Fresh Issue: 2,14,70,588 Eq Shares of ₹10 (aggregating up to ₹657.00 Cr)Offer for Sale: 82,35,294 Eq Shares of ₹10 (aggregating up to ₹252.00 Cr) crores.
What is the price band of Shyam Metalics and Energy Limited IPO?
The price band for Shyam Metalics and Energy Limited IPO is ₹303 to ₹306 per equity shareEmployee Discount: ₹15.
What is the lot size of Shyam Metalics and Energy Limited IPO?
The minimum bid (lot size) for Shyam Metalics and Energy Limited IPO is N/A shares with an investment of approx ₹13,770 .
What is the allotment date of Shyam Metalics and Energy Limited IPO?
The allotment date for Shyam Metalics and Energy Limited IPO is 21 Jun, 2021.
What is the listing date of Shyam Metalics and Energy Limited IPO?
The listing date for Shyam Metalics and Energy Limited IPO is expected to be 24 Jun, 2021.
What is the GMP of Shyam Metalics and Energy Limited IPO?
The latest Grey Market Premium (GMP) for Shyam Metalics and Energy Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.