What are the open and close dates of the Shyam Metalics and Energy Limited ?

Shyam Metalics and Energy Limited will be open between 2021-06-14 and 2021-06-16.

What is the allotment date for the Shyam Metalics and Energy Limited ?

Shyam Metalics and Energy Limited allotment date is 2021-06-21. For Shyam Metalics and Energy Limited allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Shyam Metalics and Energy Limited ?

For Shyam Metalics and Energy Limited, the IPO registrar is KFintech Technologies. You can check Shyam Metalics and Energy Limited allotment status on the website of the registrar.

Where is the Shyam Metalics and Energy Limited getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will Shyam Metalics and Energy Limited shares be credited to your demat account?

The Shyam Metalics and Energy Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the Shyam Metalics and Energy Limited ?

The Shyam Metalics and Energy Limited lot size is 45 and minimum order quantity is 45.

What is the price band for the Shyam Metalics and Energy Limited ?

Shyam Metalics and Energy Limited has set the price band for its IPO at 306 per equity share with a face value of 10.

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IPO

Shyam Metalics and Energy Limited

listed

₹13,635Min. investment

Bid start
14 Jun
Bid end
16 Jun
Allotment
16 Jun
Release of funds
22 Jun
Demat transfer
21 Jun
Listing
24 Jun

Shyam Metalics and Energy Limited IPO Details

Issue size

₹909Cr

IPO type

Mainboard

Price range

₹303 – ₹306

Lot size

45 shares

Price range₹303 – ₹306

IPO type

Regular

Lot size45 shares

Issue size₹909Cr

Checklist

Risk analysis

Debt to Equity ratio

Promoter holdings

Shares pledged

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Kolkata-based Shyam Metalics and Energy is a steel manufacturer with a focus on long steel products and ferro alloys (a high-margin product). The company has three manufacturing units in India with an aggregate operating capacity of 5.70 MTPA. It has a strong track record of profitability. The company has reported positive operating profits each fiscal year since 2005. Even in a pandemic-hit year, the company reported an EBITDA (earnings before interest, tax, depreciation and amortisation) of ₹717 crore and net profit of ₹456 crore in the first three quarters of FY21. The company—which caters to end-users as well as institutional customers—is the least leveraged among its peers. Further, it has a negligible debt-to-equity ratio of 0.27x as of December 2020.

Frequently asked questions

How to invest in the Shyam Metalics and Energy Limited ?

Investors can apply for the Shyam Metalics and Energy Limited through their Demat account via the stock exchange or through their broker.

What is the issue size of Shyam Metalics and Energy Limited ?

The issue size of the Shyam Metalics and Energy Limited is 909 Cr.

What is 'pre-apply' for Shyam Metalics and Energy Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Shyam Metalics and Energy Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.