Shyam Metalics IPO details (14 – 16 Jun), (Price: 303-306)
Listing date and Listing Price of Shyam Metalics IPO:
- Shyam Metalics IPO listed on BSE and NSE exchanges on –
- Listing Price of Shyam Metalics IPO on NSE –
- Listing Price of Shyam Metalics IPO on BSE –
Grey Market premium (GMP) price of Shyam Metalics IPO :
Grey Market premium (GMP) price of Shyam Metalics IPO is Rs. 150. Grey Market premium (GMP) of Shyam Metalics IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
Shyam Metalics IPO Allotment link status on Kfintech:
Check the allotment status of Shyam Metalics IPO on these three links given by Kfintech.
- Shyam Metalics IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- Shyam Metalics IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- Shyam Metalics IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/
Shyam Metalics IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.
Shyam Metalics IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select Shyam Metalics IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- The allotment status of Shyam Metalics IPO, with no. of shares allotted will come.
Shyam Metalics IPO subscription status details:
|QIB (Qualified Institl. Bidders)||NIB (Non-institutional Investor)||RII (Retail Individual Investor)||Employee subscription||Total No. of times applied|
|No. of shares offered|
Shyam Metalics IPO highlights:
|Shyam Metalics IPO bid Opens on||14 June 2021, Monday|
|Shyam Metalics IPO bid Closes on||16 June 2021, Wednesday|
|Post issue Modification Period||17- June -2021 (10.00 A.M. to 11.00 A.M.)|
|Cut-off time for UPI Mandate Confirmation||17- June -2021 (upto 12:00 PM)|
|Issue type||100% Book Building|
|Shyam Metalics IPO issue size||₹ 909 Cr|
|Face value of each equity share||Rs. 10|
|Shyam Metalics IPO Price band||Rs.303 to Rs.306 per share|
|Shyam Metalics IPO market lot||45 equity shares and multiples of 45|
|Shyam Metalics IPO minimum order quantity||45 equity shares|
|Pre IPO equity share of promoters of Shyam Metalics||100%|
|Post IPO paid-up equity share of promoters of Shyam Metalics||88.35%|
|QIB portion reservation in Shyam Metalics IPO||50 %|
|NIB portion reservation in Shyam Metalics IPO||15 %|
|Retail portion reservation in Shyam Metalics IPO||35 %|
|Retail individual bidder can apply in Shyam Metalics IPO||up to 2 lakh (200,000) – Maximum 13 Lot|
|Retail individual discount in Shyam Metalics IPO||NA|
|Employees can apply in Shyam Metalics IPO||up to 5 lakh (500,000)|
|Reservation for employees in Shyam Metalics IPO||Yes|
|Discount for employees in Shyam Metalics IPO||Yes|
|Listing of Shyam Metalics at Exchanges||NSE, BSE|
|Fund raised from Anchor Investors in Pre-IPO of Shyam Metalics||NA|
|Registrar of Shyam Metalics IPO issue||Kfin Technologies Private Limited|
Shyam Metalics IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Shyam Metalics IPO are mentioned below.
|Shyam Metalics IPO opens on||14.06.2021|
|Shyam Metalics IPO Closes on||16.06.2021|
|Allotment basis date of Shyam Metalics IPO||21.06.2021|
|Money refund date of Shyam Metalics IPO||22.06.2021|
|Shares of Shyam Metalics in Demat Account||23.06.2021|
|Shyam Metalics IPO listing date on NSE, BSE||24.06.2021|
How much shares of Shyam Metalics IPO are being offered?
|Type of Issue (Fresh / OFS)||No. of Equity shares offered||Amount of Equity shares|
|Total Issue size||₹ 909 Crore|
|Fresh Issue size||–||₹ 657 Crore|
|Offer for Sale (OFS)||–||₹ 252 Crore|
Shyam Metalics financial statements details:
|(₹ million)||(₹ million)||(₹ million)||(₹ million)|
|Profit After Tax||4,563.21||3,403.29||6,367.83||5,280.39|
IPO Red Herring Prospectus (RHP) of Shyam Metalics:
Objectives of the Shyam Metalics IPO Issue: (Source – RHP)
Our Company proposes to utilise the Net Proceeds from the Offer towards funding the following objects:
1. Repayment and/or pre-payment, in full or part, of debt of our Company and SSPL, one of our Subsidiaries; and
2. General corporate purposes.
Business of Shyam Metalics as a company?: (Source – RHP)
We are a leading integrated metal producing company based in India (Source: CRISIL Report) with a focus on long steel products and ferro alloys. We are amongst the largest producers of ferro alloys in terms of installed capacity in India, as of February 2021 (Source: CRISIL Report). We have the ability to sell intermediate and final products across the steel value chain. 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 capacity in India (Source: CRISIL Report). We 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). 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.