Shyam Metalics and Energy Limited IPO

IPO Status: Closed [14th Jun 2021 to 16th Jun 2021]

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About Shyam Metalics and Energy Limited IPO

Shyam Metalics and Energy Limited IPO is a Mainline IPO of Rs. 1,107 crores. It is a 100% book-built issue IPO that price band is set at Rs. 303 - Rs. 306 per equity share. The IPO is priced at 30.3 and 30.6 times of the face value of Rs. 10 per share and an employee discount of Rs. 15 per share will be available to eligible employees under employe reservation portion. The IPO will be open for subscription from 14 June to 16 June. One can apply for the lot size (minimum order quantity) of 45 shares or its multiple. Scroll down the page further to get more details about Shyam Metalics and Energy Limited IPO including business overview, financials, strengths, weaknesses, GMP, live subscription, allotment, and recommendations.

  • Incorporated on: December 10, 2002
  • Sector: Metals
  • Website: https://www.shyammetalics.com/
  • Issue Size: ₹909 cr
  • Employee Reservation: ₹300,000 shares
  • Employee Discount: ₹15/share

About the Company - Shyam Metalics and Energy Limited

Shyam Metalics and Energy Limited is a leading integrated metal producing company based in India which manufactures long steel products and ferro alloys. It is the largest producer of ferro alloys domestically and the fourth-largest player in the sponge iron industry in terms of our annual installed capacity. It has three manufacturing plants, one in Odisha and two in West Bengal. Their product offerings cater to a mix of customers which consist of institutional customers and end consumers through the distribution network. Furthermore, their Thermo Mechanically Treated (TMT) and structural products are sold under the brand “SEL”. It also undertakes conversion of hot rolled coils to pipes, chrome ore to ferro chrome, and manganese ore to silicon manganese for an Indian steel conglomerate.

Shyam Metalics and Energy IPO Objective

Shyam Metalics and Energy Ltd will utilize the net proceeds from the IPO towards the following purposes:

  1. Shyam Metalics and Energy Ltd has to make repayment or pre-payment, in full or part, of debt of their Company and SSPL (subsidiary company).
  2. To meet general corporate purposes.

Shyam Metalics and Energy IPO Details

Shyam Metalics and Energy IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Shyam Metalics and Energy IPO Details
Shyam Metalics and Energy Issue Details Values
IPO Category: Mainline
IPO Issue Type: Book Built Issue
IPO Issue Size: ₹909 cr
Offer for Sale: ₹252 cr
Fresh Issue: ₹657 cr
Face Value: ₹10 Per Equity Share
IPO Issue Price: ₹303-306
IPO Discount: Employee ₹15
Market Lot: 45 Shares
Min Retail Qty: 45 shares (1 lot)
Max Retail Qty: 630 shares (14 lots)
Promoter Holding Pre IPO: 100%
Promoter Holding Post IPO: 88.35%
IPO Listing At: BSE, NSE

Shyam Metalics and Energy IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 5,940,889 Shares
  • Non-Institutional Investors: 4,455,000 Shares
  • Retail Individual Investor: 10,395,001 Shares
  • Employees Quota: 300,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered5,940,8894,455,00010,395,001300,00021,090,890
114th Jun 2021 17:020.00x0.70x2.19x0.27x1.23x
215th Jun 2021 17:020.81x2.60x5.80x0.78x3.65x
316th Jun 2021 17:02155.71x339.98x11.64x1.55x121.43x

Shyam Metalics and Energy Financials for past 3 Years

Past performance and financial results of Shyam Metalics and Energy.

Shyam Metalics and Energy financial
Shyam Metalics and Energy Limited Financials 31-Dec-2020 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹5105.15 cr ₹ 5203.79 cr ₹4052.43 cr ₹3470.63 cr
Total Income ₹3995.63 cr ₹4395.30 cr ₹4684.56 cr ₹3920.40 cr
Net Profit/Loss ₹456.32 cr ₹ 340.33 cr ₹636.78 cr ₹528.04 cr

Shyam Metalics and Energy IPO Strengths

  • Shyam Metalics and Energy has integrated operations across the steel value chain.
  • Strategic location of the manufacturing plants supported by robust infrastructure leading to cost and time efficiencies.
  • Diversified product mix with strong focus on value added products such as ferro alloys.
  • Association with reputed customers and robust distribution network.
  • Experienced Board and senior management team.

Shyam Metalics and Energy IPO Threats/Weaknesses

  • Excessive dependency on few suppliers for raw materials (iron, coal, and manganese).
  • Logistics and transportation infrastructure disruptions may affect the material supply and business operations adversely.
  • Steel industry is cyclical in nature hence, demand and pricing is excessively volatile.
  • Unprecedented impact of COVID-19 on business operations, profitability, and financial strength.

Shyam Metalics and Energy IPO Important Dates

In this section we have covered all important dates related to Shyam Metalics and Energy IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Shyam Metalics and Energy IPO important dates
IPO Activity Date
IPO Issue Open Date 14th Jun 2021
IPO Issue Close Date 16th Jun 2021
Basis of Allotment Finalisation Date* 21st Jun 2021
Refunds Initiation* 22nd Jun 2021
Credit of Shares to Demat Account* 23rd Jun 2021
IPO Listing Date* 24th Jun 2021

* - Tentative Dates

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@
  NRI Form ⇒

Shyam Metalics and Energy IPO DRHP >>Document

Shyam Metalics and Energy IPO RHP >>Document

Shyam Metalics and Energy IPO Allotment Status >>Link

Company Address

Shyam Metalics and Energy Limited
Trinity Tower, 7th Floor, 83, Topsia Road,
Kolkata 700046, West Bengal, India
Website: Shyam Metalics and Energy Limited
Email: [email protected]
Phone: +91 33 4016 4000

Registrar

Kfin Technologies Private Limited
Selenium Tower B, Plot No. 31 & 32, Financial District,
Nanakramguda, Serilingampally,
Hyderabad - 500 032
Tel: +91-40-6716-2222
E-mail:: [email protected]
Website: https://www.kfintech.com/

Lead Manager

  1. ICICI Securities Limited
  2. Axis Capital Limited
  3. IIFL Securities Limited
  4. JM Financial Limited
  5. SBI Capital Markets Limited
Shyam Metalics and Energy IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Shyam Metalics and Energy? Should I apply in Shyam Metalics and Energy IPO?

Last Updated on 2021-07-05T14:41:45+00:00

Shyam Metalics and Energy IPO FAQs

  1. 1. How to subscribe Shyam Metalics and Energy IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Shyam Metalics and Energy IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Shyam Metalics and Energy IPO with Zerodha.

    Alternate approch to apply in Shyam Metalics and Energy IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Shyam Metalics and Energy IPO Review and Important Updates

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  2. 2. How to apply in Shyam Metalics and Energy IPO online?

    Apply in Shyam Metalics and Energy IPO online

    To subscribe or apply in Shyam Metalics and Energy IPO, you can use the following methods:

    Shyam Metalics and Energy IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Shyam Metalics and Energy IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Shyam Metalics and Energy IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Shyam Metalics and Energy IPO. Most of the Syndicate Banks provide access to apply in Shyam Metalics and Energy IPO via ASBA process. You must have your net banking access, DP ID information to apply in Shyam Metalics and Energy IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Shyam Metalics and Energy IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Shyam Metalics and Energy IPO Review and Important Updates

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  3. 3. How to download online application form for Shyam Metalics and Energy IPO?

    Applying in Shyam Metalics and Energy IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Shyam Metalics and Energy IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

    For more details on how to use UPI payment method to apply Shyam Metalics and Energy IPO, please refer article >> Link

    Shyam Metalics and Energy IPO Review and Important Updates

    Steps to download the online application form for Shyam Metalics and Energy IPO

    • Step1:Click here.
    • Step2: Click on “Bid-cum Application Form Download
    • Step3: Above Step will open an online form.
    • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
    • Step5: Fill bid details - min 45 and max 630 shares (14 lots).
    • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
    • Step7: This will fill your application online and give you a pdf file.
    • Step8: Take a print of this document and go to your bank for UPI transactions.
    • Or

    • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

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  4. 4. What is the listing date of Shyam Metalics and Energy IPO?

    Shyam Metalics and Energy IPO is going to be list on 24-06-2021.

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  5. 5. When Shyam Metalics and Energy IPO will be allocated?

    Shyam Metalics and Energy IPO Allotment Date is 21-06-2021.

    Other relevant questions:

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User Comments

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6. C K Paliwal  6/8/2021 12:55:40 PM Reply
Expected GMP please????
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5. Girish t k  4/12/2021 9:58:32 PM Reply
Shyam Metalics and Energy Ltd SME IPO expected listing gain.
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4. Ashok kumar  4/12/2021 9:58:32 PM Reply
Please confirm Shyam Metalics and Energy Ltd SME IPO GMP (grey market premium) and kostak.
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3. Jayant hirawat  4/12/2021 9:58:32 PM Reply
Shyam Metalics and Energy Ltd SME IPO good or bad.
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2. Jayant hirawat  4/12/2021 9:58:32 PM Reply
Shyam Metalics and Energy Ltd SME IPO whether to invest or not.
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1. Bhomik Joshi  4/12/2021 9:58:32 PM Reply
Shyam Metalics and Energy Ltd SME IPO - CRISIL Rating, Apply or not?.

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