Shyam Metalics IPO will be Open Date from 14 June 2021 to 16 June 2021. Shyam Metalics IPO GMP Kostak rate and Subject to Sauda updated as of Today. Shyam Metalics IPO Grey Market Premium has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Shyam Metalics IPO Issue size of ₹909 Crores, in which Fresh Issue of ₹657 Crores and Offer For Sale of ₹252 Crores and issue price band has been fixed at ₹303 – ₹306 Per Share. The Shyam Metalics IPO to be listed Soon on NSE and BSE.
Shyam Metalics 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.
What is Shyam Metalics IPO GMP Today?
■ The Shyam Metalics IPO GMP Today Or Grey Market Premium is ₹100-₹110.
What is Shyam Metalics IPO Kostak Rates Today?
■ The Shyam Metalics IPO Kostak rate is ₹400 Approx.
What is Shyam Metalics IPO Subject to Sauda Price Today?
■ The Shyam Metalics IPO Subject to Sauda rates is ₹4500 Approx.
Shyam Metalics IPO Approximately Returns?
■ The Shyam Metalics IPO’s approximate return is ₹25%-₹30%. And it can also change according to the Market Sentiment.
Shyam Metalics IPO GMP, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 24 June 2021 | List – ₹380 | ₹- | ₹- |
| 23 June 2021 | ₹100-₹110 | ₹400 | ₹4500 |
| 22 June 2021 | ₹130-₹135 | ₹500 | ₹4500 |
| 21 June 2021 | ₹130-₹135 | ₹500 | ₹4500 |
| 20 June 2021 | ₹130-₹135 | ₹500 | ₹4500 |
| 19 June 2021 | ₹130-₹135 | ₹500 | ₹4500 |
| 18 June 2021 | ₹150-₹155 | ₹525 | ₹4500 |
| 17 June 2021 | ₹150-₹155 | ₹525 | ₹4500 |
| 16 June 2021 | ₹150-₹155 | ₹525 | ₹5000 |
| 15 June 2021 | ₹160-₹170 | ₹500 | ₹4500 |
| 14 June 2021 | ₹160-₹170 | ₹450 | ₹4500 |
| 13 June 2021 | ₹160-₹170 | ₹450 | ₹4500 |
| 12 June 2021 | ₹130-₹150 | ₹450 | ₹4500 |
| 11 June 2021 | ₹135-₹155 | ₹450 | ₹5000 |
| 10 June 2021 | ₹130-₹145 | ₹450 | ₹5000 |
| 9 June 2021 | ₹120-₹140 | ₹400 | ₹4500 |
| 8 June 2021 | ₹120-₹140 | ₹400 | ₹4000 |
| 7 June 2021 | ₹110-₹120 | ₹400 | ₹4000 |
| 6 June 2021 | ₹80-₹90 | ₹0 | ₹0 |
| 5 June 2021 | ₹60-₹80 | ₹0 | ₹0 |
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 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 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 Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 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.
Shyam Metalics IPO GMP FAQs :
How much is Shyam Metalics IPO GMP Today?
Shyam Metalics IPO GMP Today is ₹100-₹110.
How much is Shyam Metalics IPO Grey Market Premium?
Shyam Metalics IPO is Grey Market Premium ₹100-₹110.
What is Shyam Metalics IPO Kostak Rate?
Shyam Metalics IPO Kostak Rate is ₹400.
What is Shyam Metalics IPO Subject to Sauda?
Shyam Metalics IPO Subject to Deals is ₹4500.
What are Shyam Metalics IPO Approx Returns?
Shyam Metalics IPO approx Returns is ₹25%-₹30%. And it can also change according to the Market Sentiment.
| Shyam Metalics IPO Details: Click Here Shyam Metalics IPO Subscription: Click Here Shyam Metalics IPO Allotment: Click Here Shyam Metalics IPO Listing: Click Here |
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