Shyam Metalics and Energy Limited is launching its IPO. The Rs. 1,107 crore public offer comprises fresh issuance of equity shares aggregating up to Rs. 657 crores and offer for sale of equity shares worth up to Rs. 450 crores. For more information, you can refer to the IPO Prospectus filed by the company.
Shyam Metalics and Energy Limited is a leading integrated metal producer. The company is primarily engaged in the production of intermediate & long steel products and ferro-alloys, catering to institutional and end-use customers through 42 distributors, brokers across 13 states, and one union territory.
|Financial Year Ended||Revenue (₹ Crores)||PAT (₹ Crores)||EPS (₹)|
|Nine months ended December 2019||3,316.45||260.36||11.15|
|Nine months ended December 2020||3,995.63||456.32||19.53|
|Issue Period||14th June 2021 - 16th June 2021|
|Price Range||₹ 303 - 306|
|Minimum Bid Quantity||45 and in multiples thereof|
|Finalisation of Allotment||21st June 2021|
|Initiation of Refunds||22nd June 2021|
|Credit of Shares||23rd June 2021|
|Listing Date||24th June 2021|
|Mandate end date||1st July 2021|
You can apply for the Shyam Metalics and Energy IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.