Shyam Metalics IPO price band, GMP, Allotment, Listing date and Price

Shyam Metalics IPO details (14 – 16 Jun), (Price: 303-306)

Shyam Metalics IPO
Shyam Metalics IPO

Listing date and Listing Price of Shyam Metalics IPO:

  1. Shyam Metalics IPO listed on BSE and NSE exchanges on –
  2. Listing Price of Shyam Metalics IPO on NSE –
  3. 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.

  1. Shyam Metalics IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
  2. Shyam Metalics IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
  3. 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.

  1. Download KPRISM app by KFin Tech.
  2. Select IPO Status (No need to do login or register to check IPO allotment)
  3. Select Shyam Metalics IPO from the list.
  4. Enter Application Number or DPID Client ID or PAN, then Submit.
  5. 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 subscriptionTotal No. of times applied
No. of shares offered
Day 3155.71x339.98x11.64x1.55x121.43x
Shyam Metalics IPO subscription status live

Shyam Metalics IPO highlights:

Shyam Metalics IPO bid Opens on 14 June 2021, Monday
Shyam Metalics IPO bid Closes on16 June 2021, Wednesday
Post issue Modification Period17- June -2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation17- June -2021 (upto 12:00 PM)
Issue type100% Book Building
Shyam Metalics IPO issue size₹ 909 Cr
Face value of each equity shareRs. 10
Shyam Metalics IPO Price bandRs.303 to Rs.306 per share
Shyam Metalics IPO market lot45 equity shares and multiples of 45
Shyam Metalics IPO minimum order quantity45 equity shares
Pre IPO equity share of promoters of Shyam Metalics100%
Post IPO paid-up equity share of promoters of Shyam Metalics88.35%
QIB portion reservation in Shyam Metalics IPO50 %
NIB portion reservation in Shyam Metalics IPO15 %
Retail portion reservation in Shyam Metalics IPO35 %
Retail individual bidder can apply in Shyam Metalics IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Shyam Metalics IPONA
Employees can apply in Shyam Metalics IPOup to 5 lakh (500,000)
Reservation for employees in Shyam Metalics IPOYes
Discount for employees in Shyam Metalics IPOYes
Listing of Shyam Metalics at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Shyam MetalicsNA
Registrar of Shyam Metalics IPO issueKfin Technologies Private Limited
Shyam Metalics IPO highlights

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 on14.06.2021
Shyam Metalics IPO Closes on16.06.2021
Allotment basis date of Shyam Metalics IPO21.06.2021
Money refund date of Shyam Metalics IPO22.06.2021
Shares of Shyam Metalics in Demat Account23.06.2021
Shyam Metalics IPO listing date on NSE, BSE24.06.2021
Shyam Metalics IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Shyam Metalics IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 909 Crore
Fresh Issue size₹ 657 Crore
Offer for Sale (OFS)₹  252  Crore
Employee Reservation
No. of Equity shares offered of Shyam Metalics IPO

Shyam Metalics financial statements details:

31.12.202031.03.202031.03.201931.03.2018
(₹ million)(₹ million)(₹ million)(₹ million)
Total Assets51,051.4752,037.8840,524.3434,706.28
Total Revenue39,956.3243,953.0246,845.6039,203.99
Profit After Tax4,563.213,403.296,367.835,280.39
Shyam Metalics financial statements details

IPO Red Herring Prospectus (RHP) of Shyam Metalics:

Click here for IPO RHP of Shyam Metalics on SEBI website.

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.

Check IPO Dashboard for other IPOs :

Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance

Leave a Reply

%d bloggers like this: