| Issue Date | 14 Jun 2021 - 16 Jun 2021 |
| Issue Size | ₹909.00 Cr |
| Issue Price | ₹303-306 |
| Market Lot | 45 Shares |
| Shares on Offer | |
| Registrar | KFintech |
| GMP | ₹130-132 |
| Kostak | ₹450-500 |
| Subject to Sauda | ₹4500-4800 |
| Listing Date | 24 Jun 2021 |
| Listing Price | ₹380 |
| Listing Gain% | 24.18 |
Shyam Metalics is a leading integrated metal producing company based in India with a focus on Long Steel Products and Ferro Alloys. They have a consistent track record of delivering operating profitability, and since the commencement of their operations in Fiscal 2005, they have delivered a positive EBITDA in each of the Fiscals.
As of March 31, 2020, they 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 (Source: CRISIL Report). They operate three manufacturing plants, one in Odisha and two in West Bengal. The aggregate installed metal capacity of their manufacturing plants is 5.71 as of December 31, 2020(comprising intermediate and final products). Their manufacturing plants also include captive power plants with an aggregated installed capacity of 227 MW as of December 31, 2020 their Sambalpur manufacturing plant caters to customers in Southern and western regions of India whereas their Jamuria and Mangalpur manufacturing plants caters to customers in Northern and Eastern regions of India.
Mahabir Prasad Agarwal, Brij Bhushan Agarwal, Sanjay Kumar Agarwal, Subham Capital Private Limited, Subham Buildwell Private Limited, Narantak Dealcomm Limited, Kalpataru Housefin & Trading Private Limited, Dorite Tracon Private Limited, and Toplight Mercantiles Private Limited are the company promoters.
| Particulars | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 52,037.88 | 40,524.34 | 34,706.28 |
| Total Revenue (In ₹ Millions) | 43,953.02 | 46,845.60 | 39,203.99 |
| Profit After Tax (PAT) (In ₹ Millions) | 3,403.29 | 6,367.83 | 5,280.39 |
| Date | GMP | Kostak | Subject to Sauda |
|---|
| Strength |
|---|
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 14 Jun 2021 | 0.00 | 0.70 | 2.19 | 1.23 |
| Day 2 - 15 Jun 2021 | 0.81 | 2.60 | 5.80 | 3.65 |
| Day 3 - 16 Jun 2021 | 155.71 | 339.98 | 11.64 | 121.43 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusShyam Metalics and Energy Limited IPO will open on 14 Jun 2021 and close on 16 Jun 2021.
Shyam Metalics and Energy Limited IPO will list on 24 Jun 2021.
The offer price of Shyam Metalics and Energy Limited IPO is ₹303-306.
The lot size of Shyam Metalics and Energy Limited IPO is 45.
The Grey Market Premium (GMP) price of Shyam Metalics and Energy Limited IPO is ₹130-132.
The Kostak price of Shyam Metalics and Energy Limited IPO is ₹450-500.
The Subject to Sauda price for Shyam Metalics and Energy Limited IPO is ₹4500-4800.
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