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SHYAMMETLEQ / NSE, BSEListed

Shyam Metalics and Energy Limited

Incorporated in 2002, Shyam Metalics and Energy Limited is a leading integrated metal producer in India, mainly engaged in manufacturing long steel products such as iron pellets, sponge iron, steel billets, TMT bars, structural products, wire rods, and ferro alloys. As of February 2021, the company was among the largest producers of ferro alloys in India by installed capacity and the fourth-largest sponge iron producer. It serves both domestic and international customers, including large institutional buyers, and distributes its products through a network of 42 distributors across 13 states and one union territory. The company operates three manufacturing plants located at Sambalpur in Odisha and Jamuria and Mangalpur in West Bengal, with a total installed metal capacity of 5.71 million tonnes per annum as of December 31, 2020, and plans to expand this capacity to 11.60 million tonnes per annum by 2025.

₹303 - ₹306Open
Listed Price380.00
Listing Gain+24.18%
TimelineBookbuilding IPO
Open14 Jun 2021
Close16 Jun 2021
Allotment21 Jun 2021
Listing24 Jun 2021

Quota Reservation Portions

QIBPortion: 1,47,02,940 shares
49.5%
HNIPortion: 44,10,882 shares
14.85%
RetailPortion: 1,02,92,058 shares
34.65%
EmployeePortion: 3,00,000 shares
1.01%

Minimum Application Bracket Matrix

Retail1 lots / 45 shares
₹13,770
sHNI15 lots / 675 shares
₹2,06,550
bHNI73 lots / 3,285 shares
₹10,05,210

About the Company

Incorporated in 2002, Shyam Metalics and Energy Limited is a leading integrated metal producer in India, mainly engaged in manufacturing long steel products such as iron pellets, sponge iron, steel billets, TMT bars, structural products, wire rods, and ferro alloys. As of February 2021, the company was among the largest producers of ferro alloys in India by installed capacity and the fourth-largest sponge iron producer. It serves both domestic and international customers, including large institutional buyers, and distributes its products through a network of 42 distributors across 13 states and one union territory. The company operates three manufacturing plants located at Sambalpur in Odisha and Jamuria and Mangalpur in West Bengal, with a total installed metal capacity of 5.71 million tonnes per annum as of December 31, 2020, and plans to expand this capacity to 11.60 million tonnes per annum by 2025.

Company Promoters

Mahabir Prasad AgarwalBrij Bhushan AgarwalSanjay Kumar AgarwalSubham Capital Private LimitedSubham Buildwell Private LimitedNarantak Dealcomm LimitedKalpataru Housefin & Trading Private LimitedDorite Tracon Private LimitedToplight Mercantiles Private Limited
Shyam Metalics and Energy Limited IPO Details | GMP, Allotment & Financials | IPO Trending