Shyam Metalics and Energy Limited or Shyam Metalics IPO will be Open Date from 14 June 2021 to 16 June 2021. The company had filed for DRHP in February for an IPO of ₹909 Crores, which is now approved by SEBI. Let us tell you that this will be the second time when the company has applied for an IPO. Earlier, it was planned to bring Shyam Metalics IPO in 2018 but the company postponed it. Through this IPO, the company is planning to raise funds of ₹909 Crores, including fresh equity shares of ₹657 crores and ₹252 crores Shares will be issued through offers for sale. In this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved.
According to the filed DRHP of the company, the company can also bring Pre IPO allotment in this IPO. The company is planning to bring an IPO allotment of 250 crores from some investment bankers. The funds raised from this IPO will be used by SSPL to pay its debt. She will also take off and for her corporate use.
Let me tell you that as on 31 December 2020, the total debt (Debt) on Shyam Metalics was Rs 381.12 crore. While its subsidiary SSPL had a debt of Rs 398.60 crore. That is, the company has a total debt of Rs 886.29 crore. The total revenue of the company till the December quarter of FY 2020-21 was Rs 3933.08 crore, while the total revenue of the company was Rs 3283.09 crore in the same period last year. Kolkata-based Shyam Metalics reported a net profit of Rs 456.32 crore in the December quarter. Whereas in the last financial year Q3, the company had a net profit of only Rs 260.36 crore.
Shyam Metalics IPO Review :
■ Apply for Listing Gain
Shyam Metalics IPO Date & Price Band & Details :
| IPO Open : | 14 June 2021 |
| IPO Close : | 16 June 2021 |
| IPO Size : | ₹909. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹303 – 306 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹909. Cr |
| Fresh Issue : | ₹657. Cr |
| Offer For Sale : | ₹252. Cr |
Shyam Metalics IPO Market Lot :
Shyam Metalics IPO Minimum Market lot is 45 shares with ₹13,770 Application amount. The retail investors can apply up to 630 Shares or ₹1,92,780 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Shares : | 45 Share |
| Minimum Amount : | ₹13770 |
| Maximum Lot Size : | 14 Lot |
| Maximum shares : | 630 Share |
| Maximum Amount : | ₹192,780 |
Shyam Metalics IPO Shares Offer :
A total of 29405882 shares are to be bid for the public issue by Shyam Metalics IPO with 21,470,588 Shares for the Fresh issue and 82,35,294 Shares for an offer for sale.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 21,470,588 | ₹657 Cr |
| Offer For Sale : | 82,35,294 | ₹252 Cr |
| Total : | 29405882 | ₹909 Cr |
Shyam Metalics IPO Reservation :
Shyam Metalics IPO Total Reservation of 29,405,882 shares are to be bid for the public issue by Shyam Metalics IPO with 14702941 Shares for QIB and 4410882 Shares for NII 10292059 For RII & – Shares for EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 50 % | 14702941 | ₹449.91 Cr |
| NII : | 15 % | 4410882 | ₹134.97 |
| RII : | 35 % | 10292059 | ₹314.94 |
| EMP : | – % | – | – |
| Total : | 100 % | 29405882 | ₹909 Cr |
Shyam Metalics IPO Dates :
Shyam Metalics IPO Date is 14 June and the close date is 16 June 2021. The allotment will be finalized on 21 June 2021 and the IPO may list on 24 June 2021.
| Open Date : | 14 June 2021 |
| Close Date : | 16 June 2021 |
| Allotment Date : | 21 June 2021 |
| Refund Date : | 22 June 2021 |
| Share Credit Date : | 23 June 2021 |
| Listing Date : | 24 June 2021 |
Shyam Metalics IPO Form :
There are two ways to apply in Shyam Metalics IPO. You can apply for Shyam Metalics IPO through ASBA available in your bank account. You have to go to your online bank login and select Shyam Metalics IPO in the Invest section and apply through your bank account. Another option is you can apply Shyam Metalics IPO through IPO form download through NSE and BSE. See the Shyam Metalics IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Shyam Metalics Company Financial Report (Cr) :
| Year | Revenue | Expense | P&L |
| 2020 | ₹43953.02 | ₹40,998.63 | ₹3,403.41 |
| 2019 | ₹46,845.60 | ₹39,206.95 | ₹6,041.25 |
| 2018 | ₹39,203.99 | ₹34,054.59 | ₹4,243.66 |
About Shyam Metalics Company
Shyam Metalics and Energy Limited (“Company”) was originally incorporated as Shyam DRI Power Limited on December 10, 2002, at Kolkata, West Bengal, India as a public limited company under the Companies Act, 1956 and received the certificate for commencement of business from the Registrar of Companies, West Bengal at Kolkata (“RoC”) on December 11, 2002. Subsequently, the name of our Company was changed to Shyam Metalics and Energy Limited vide a special resolution passed by our Shareholders on November 23, 2009, and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on January 5, 2010.
We are a leading integrated metal producing company based in India with a focus on Long Steel Products and Ferro Alloys. We 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.
| Read also: All Upcoming IPO Grey Market Premium 2021 |
As of March 31, 2020, we 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 industry capacity in India. We operate three manufacturing plants, one in Odisha and two in West Bengal. The aggregate installed metal capacity of our manufacturing plants is 5.71 as of December 31, 2020(comprising intermediate and final products). Our manufacturing plants also include captive power plants with an aggregated installed capacity of 227 MW as of December 31, 2020 Our Sambalpur manufacturing plant caters to customers in Southern and western regions of India whereas our Jamuria and Mangalpur manufacturing plants cater to customers in Northern and Eastern regions of India.
We operate two “Ore to the metal” integrated steel manufacturing plants, one in Sambalpur, Odisha, and one in Jamuria, West Bengal which comprises captive railway sidings, captive power plants, iron pellet, sponge iron, billet, TMT, wire rod, and structural mills and Ferroalloy plants. We also operate a manufacturing plant in Mangalpur, West Bengal which comprises sponge iron and Ferroalloy plants and a captive power plant.
Company Promoters :
■ Mahabir Prasad Agarwal
Shyam Metalics Board of Directors
| Name | Designation |
| Mahabir Prasad Agarwal | Chairman |
| Brij Bhushan Agarwal | Vice-Chairman and Managing Director |
| Sanjay Kumar Agarwal | Joint Managing Director |
| Deepak Kumar Agarwal | Whole-time Director |
| Bhagwan Shaw | Whole-time Director |
| Dev Kumar Tiwari | Whole-time Director |
| Venkata Krishna Nageswara Rao Majji | Independent Director |
| Yudhvir Singh Jain | Independent Director |
| Ashok Kumar Jaiswal | Independent Director |
| Ajay Choudhury | Independent Director |
| Kishan Gopal Baldwa | Independent Director |
| Rupanjana De | Independent Director |
Quick Link :
Shyam Metalics IPO Lead Managers :
■ ICICI Securities Limited
■ Edelweiss Financial Services Limited
■ IIFL Securities Limited
■ JM Financial Limited
Shyam Metalics IPO Registrar :
KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Rangareddi, Telangana India – 500 032.
Phone: 1-800-3454001
Email: [email protected]
Website: https://karisma.kfintech.com/
Note: Check Shyam Metalics IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Registered and Corporate Office
Trinity Tower, 7th Floor
83, Topsia Road, Kolkata – 700046
West Bengal
Tel: +91 33 4016 4000
Fax: +91 33 4016 4025
E-mail: [email protected]
Website: www.shyammetalics.com
Shyam Metalics IPO FAQs :
What is Shyam Metalics IPO?
Shyam Metalics IPO is Main Board IPO. They are going to raise ₹909. Crores via IPO. The issue is priced at ₹303 to ₹306 per equity share. The IPO to be listed on BSE & NSE.
When Shyam Metalics IPO will open?
Shyam Metalics IPO opens on 14 June 2021 – 16 June 2021 for QIB, NII & RII.
What is Shyam Metalics IPO Size?
Shyam Metalics IPO size is ₹909 Crores.
What is the Fresh issue size of Shyam Metalics IPO?
The Fresh issue size of Shyam Metalics IPO ₹657 Cr.
What is the Offer For Sale size of Shyam Metalics IPO?
The Offer For Sale size of Shyam Metalics IPO ₹252 Cr.
What is Shyam Metalics IPO Price Band?
Shyam Metalics IPO Price Band is ₹303 to ₹306.
What is Shyam Metalics IPO Minimum and Maximum Lot Size?
The minimum bid is 1 lot size 45 Shares with ₹13770 amount while the maximum bid is 14 Lot size 630 shares with ₹192,780.
What is Shyam Metalics IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Shyam Metalics IPO Allotment Date?
Shyam Metalics IPO allotment date is 21 June 2021.
What is Shyam Metalics IPO Listing Date?
Shyam Metalics IPO listing date is 24 June 2021. The IPO to list on BSE and NSE.
How to Apply the Shyam Metalics IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Shyam Metalics IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shyam Metalics IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Shyam Metalics IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shyam MetalicsIPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Shyam Metalics IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shyam Metalics IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Shyam Metalics IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Shyam Metalics IPO GMP: Click Here Shyam Metalics IPO Subscription: Click Here Shyam Metalics IPO Allotment: Click Here Shyam Metalics IPO Listing: Click Here |
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