Shyam Metalics and Energy IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 909.00 Cr. The company is based in Kolkata and caters to Metal sector. Axis Capital , ICICI Securities , IIFL Securities , Jm Financial are the merchant bankers of Shyam Metalics and Energy IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th February 2021.
Shyam Metalics and Energy IPO open date is 14th June 2021 and close date is 16th June 2021. IPO Allotment Date is 21st June 2021 and Listing date is 24th June 2021.Shyam Metalics and Energy IPO size is ₹ 909.00 Cr. with IPO price of ₹ 306.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Shyam Metalics and Energy IPO. Kfin Technologies Limited is the Registrar for Shyam Metalics and Energy IPO.
Shyam Metalics and Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shyam Metalics and Energy IPO, based in Kolkata, operates in the Metal sector with a focus on metal producing. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Shyam Metalics and Energy IPO size is ₹ 909.00 Cr. with fresh issue size of ₹ 657.00 Cr. and Offer for sale being ₹ 252.00Cr.
The IPO allotment date for Shyam Metalics and Energy IPO is expected to be 21st June 2021, after the finalization of basis of allotment. Investors can check Shyam Metalics and Energy IPO allotment status on the registrars website, Kfin Technologies Limited . Shyam Metalics and Energy IPO refund dates are 22nd June 2021.
Shyam Metalics and Energy IPO is expected to be listed on 24th June 2021.
The upper price band for the Shyam Metalics and Energy IPO is set at ₹ 306.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shyam Metalics and Energy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shyam Metalics and Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 16th June 2021. After submission, funds are blocked until the basis of allotment of Shyam Metalics and Energy IPO is finalised.
The merchant banker for Shyam Metalics and Energy IPO is Axis Capital Limited , ICICI Securities Limited , IIFL Securities Limited , Jm Financial Limited . Axis Capital Limited , ICICI Securities Limited , IIFL Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shyam Metalics and Energy IPO RHP for further details.
The registrar for Shyam Metalics and Energy IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Shyam Metalics and Energy IPO through their official website or helpline.
Shyam Metalics and Energy IPO was subscribed 121.43 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Shyam Metalics and Energy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shyam Metalics and Energy Financial Review Page
Merchant Banker(s) of Shyam Metalics and Energy IPO: Axis Capital Limited , ICICI Securities Limited , IIFL Securities Limited , Jm Financial Limited
Shyam Metalics and Energy IPO subscription was 121.43 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shyam Metalics and Energy IPO listed at a listing price of 375.85 against the offer price of 306.00.
The current market price of Shyam Metalics and Energy is 877.15.
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