Shyam Metalics and Energy Limited IPO (Shyam Metalics IPO) Detail - Ajay Singh Chauhan

Shyam Metalics and Energy Limited IPO (Shyam Metalics IPO) Detail

Joined in 2002, Shyam Metalics and Energy Limited (SMEL) is India’s driving incorporated metal maker organization. The organization is essentially occupied with the creation of long steel items like iron pellets, wipe iron, steel billets, TMT, underlying items, wire poles, and ferro combinations. As of February 2021, it is among India’s biggest makers of ferro composites as far as introduced limit and the fourth-biggest part in the wipe iron industry.

The organization serves institutional clients and end-clients. Jindal Stainless Limited, Rimjhim Ispat Limit are a portion of its homegrown customers though Norecom DMCC, Norecom Limited, POSCO International Corporation, World Metals and Alloys, Traxys North America LLC, JM GLobal Resources, Vijayshri Steel Pvt Ltd, and so on are the worldwide customers. The organization has an association with 42 merchants to bring to the table its items across 13 states and 1 association region.

Presently, the firm has 3 producing plants situated in Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal. As of Dec 31, 2020, its assembling units have a collected introduced metal limit of 5.71 million tons for every annum. The organization is hoping to grow its ability from 5.71 MTPA to 11.60 NTPA by 2025. The Sambalpur and Jamuria plants are incorporated steel fabricating plants that produce hostage railroad sidings, hostage power plants, iron pellet, wipe iron, bilet, thermo precisely treated (TMT), wire bar, and underlying factories, and ferro amalgams plants. Further, its assembling office at Mangalpur includes wipe iron and ferro amalgam plants, and a hostage power plant.

Serious Strengths

Driving coordinated metal maker in India.

Deliberately found assembling plants with a powerful foundation.

Differentiated item portfolio.

Solid monetary execution and appropriation organization.

Organization Promoters:

Mahabir Prasad Agarwal, Brij Bhushan Agarwal, Sanjay Kumar Agarwal, Subham Capital Private Limited, Subham Buildwell Private Limited, Narantak Dealcomm Limited, Kalpataru Housefin and Trading Private Limited, Dorite Tracon Private Limited, and Toplight Mercantiles Private Limited are the organization advertisers.

Objects of the Issue:

The IPO proceed will be used towards the following purposes;

Repayment and/or pre-payment of company and its subsidiary (SSPL)’s debt fully or partially.

General corporate purposes.

Company Financials:

ParticularsFor the year/period ended (₹ in million)
31-Dec-2031-Mar-2031-Mar-1931-Mar-18
Total Assets51,051.4752,037.8840,524.3434,706.28
Total Revenue39,956.3243,953.0246,845.6039,203.99
Profit After Tax4,563.213,403.296,367.835,280.39

Shyam Metalics IPO Tentative Timetable

The Shyam Metalics IPO open date is Jun 14, 2021, and the close date is Jun 16, 2021. The issue may list on Jun 24, 2021.

IPO Open DateJun 14, 2021
IPO Close DateJun 16, 2021
Basis of Allotment DateJun 21, 2021
Initiation of RefundsJun 22, 2021
Credit of Shares to Demat AccountJun 23, 2021
IPO Listing DateJun 24, 2021

Shyam Metalics IPO Lot Size

The Shyam Metalics IPO market lot size is 45 shares. A retail-individual investor can apply for up to 14 lots (630 shares or ₹192,780).

ApplicationLotsSharesAmount (Cut-off)
Minimum145₹13,770
Maximum14630₹192,780

Shyam Metalics IPO Details

IPO Opening DateJun 14, 2021
IPO Closing DateJun 16, 2021
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹303 to ₹306 per equity share
Market Lot45 Shares
Min Order Quantity45 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹909.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹657.00 Cr)
Offer for Sale[.] Eq Shares of ₹10
(aggregating up to ₹252.00 Cr)
Employee Discount15

Shyam Metalics IPO Prospectus

Shyam Metalics IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000
Email: [email protected]
Websitehttps://karisma.kfintech.com/

The finalization of Basis of Allotment for Shyam Metalics IPO will be done on Jun 21, 2021, and the allotted shares will be credited to your demat account by Jun 23, 2021.

The Shyam Metalics IPO .listing date is not yet announced. The tentative date of Shyam Metalics IPO listing is Jun 24, 2021.

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