Shyam Metalics and Energy Limited aka Shyam Metalics initial public offer ( IPO ) is going to hit the market on 14 June 2021 and close on 16 June 2021 as per the market speculations. The company is a leading producer of integrated metal. They focus on ferro alloys and intermediate and long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products and wire rods. They are based in Kolkata and incorporated in 2002. The company offers wide range of intermediate and final products as well. They have good clients list like Jindal Stainless Limited, BHEL, SAIL, JSW Steel and more. They have international clients as well. The retail portion of the IPO is 35% while QIB is 50% and NII is 15%. Shyam Metalics IPO to list on NSE and BSE both the indices. Stay tuned for Shyam Metalics IPO details.
Read Also: Shyam Metalics GMP Detail
Shyam Metalics IPO Review:
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Shyam Metalics IPO Date & Price Band:
| Issuer | Shyam Metalics |
| Issue Type | Book Built Issue IPO |
| Issue Period | Issue Opens: 14 June 2021 |
| Issue Closes: 16 June 2021 | |
| Price Brand | ₹303 to ₹306 Per Share |
| Issue Size | ₹ 909 Crores (Approx) |
| Face Value | Rs.10 per Equity Share |
| Market Lot | 45 Shares |
| Min Order Quantity | 45 Share |
| QIB | 50% of the issue size |
| NIB | 15% of the issue size |
| Retail Individual Bidders | 35% of the issue size |
| Offer for Sale | [.] Eq Shares of ₹10 (aggregating up to ₹252.00 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹657.00 Cr) |
| Listing at | NSE & BSE |
Shyam Metalics IPO Tentative Timetable
The Shyam Metalics IPO open date is 2021 , and the close date is 2021. The issue may list on .
| IPO Open Date | 14 June , 2021 |
| IPO Close Date | 16 June , 2021 |
| Basis of Allotment Date | 21 June , 2021 |
| Initiation of Refunds | 22 June , 2021 |
| Credit of Shares to Demat Account | 23 June , 2021 |
| IPO Listing Date | 24 June , 2021 |
Shyam Metalics IPO Market Lot:
| Minimum Lot Size: | Minimum 45 Shares |
| Minimum Amount: | ₹13,770 |
| Maximum Lot Size: | Maximum 630 Shares |
| Maximum Amount: | ₹192,780 |
Shyam Metalics Company Financial:
The company looks strong as per the financial reports from 2018 to 2021. The PAT is been in the green for the last 4 years or so. The PAT increased 18% in 2019 compared to 2018 while decreased in 2020 and 2021 (9M) reports, we can consider it an impact of Covid-19. Still the the company able to get the results in positive due the the demand of their products in India. The revenues increased YOY till 2020.
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 51,051.47 | 52,037.88 | 40,524.34 | 34,706.28 |
| Total Revenue | 39,956.32 | 43,953.02 | 46,845.60 | 39,203.99 |
| Profit After Tax | 4,563.21 | 3,403.29 | 6,367.83 | 5,280.39 |
Read Also:-
- Shyam Metalics IPO Subscription Status
- Shyam Metalics IPO Allotment Status
- Shyam Metalics IPO GMP
Shyam Metalics IPO Form:
How to apply the Shyam Metalics IPO? You can apply Shyam Metalics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shyam Metalics IPO in the Invest section. The other option you can apply Shyam Metalics IPO via IPO forms download via NSE and BSE. Check out the Shyam Metalics forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
About Shyam Metalics
They are a leading integrated metal producing company based in India with a focus on Long Steel Products and Ferro Alloys. They have a consistent track record of delivering operating profitability, and since the commencement of their operations in Fiscal 2005, They have delivered a positive EBITDA in each of the Fiscals.
As of March 31, 2020, They were one of the leading players in terms of pellet capacity and the fourth largest player in the Sponge Iron industry in terms of sponge iron industry capacity in India (Source: CRISIL Report). They operate three manufacturing plants, one in Odisha and two in Theyst Bengal. The aggregate installed metal capacity of their manufacturing plants is 5.71 as of December 31, 2020(comprising intermediate and final products). Their manufacturing plants also include captive poTheyr plants with an aggregated installed capacity of 227 MW as of December 31, 2020 their Sambalpur manufacturing plant caters to customers in Southern and Theystern regions of India whereas their Jamuria and Mangalpur manufacturing plants caters to customers in Northern and Eastern regions of India.
They operate two "Ore to metal" integrated (forward and backward) steel manufacturing plants, one in Sambalpur, Odisha and one in Jamuria, Theyst Bengal which comprise of captive railway sidings, captive poTheyr plants, iron pellet, sponge iron, billet, TMT, wire rod and structural mills and Ferro alloy plants. They also operate a manufacturing plant in Mangalpur, Theyst Bengal which comprises sponge iron and Ferro alloy plants and a captive poTheyr plant.
Their integrated manufacturing plants are fungible by design, which insulates us from price volatility and provides us with the ability to quickly adapt to changing market conditions and shift their production and product offerings to meet the continuously changing market climate and optimize their operating margins. Their manufacturing plants primarily produce long steel products such as iron pellets, sponge iron, steel billets, TMT and structural products, and Ftrro alloys with a specific focus on high margin products such as customized billets and specialized Ferro alloys for special steel applications.
Their TMT and structural products are sold under the brand "SEL". They also undertake conversion of hot rolled coils to pipes, chrome ore to ferro chrome and manganese ore to silico manganese for an Indian steel conglomerate. They are in the process of further diversifying their product portfolio by entering into the segments of pig iron, ductile iron pipes and aluminium foil.
They are in the process of adding fresh capacities to their manufacturing plants and captive poTheyr plants and diversifying into related segments. Post completion of these capacity expansions the aggregate installed metal capacity of their manufacturing plants and Their captive poTheyr plants shall increase from 5.71 MTPA as of December 31, 2020 to 11.60 MTPA (comprising of intermediate and final products) and 227 MW to 357MW respectively. their product offerings cater to a mix of customers which consist of institutional customers and end consumers through their distribution network.
Shyam Metalics IPO Prospectus
- Shyam Metalics DRHP
- Shyam Metalics RHP
- Shyam Metalics DRHP
- Shyam Metalics RHP
Shyam Metalics Company Promoters:
- Mahabir Prasad Agarwal
- Brij Bhushan Agarwal
- Sanjay Kumar Agarwal
- Subham Capital Private Limited
- Subham Buildwell Private Limited
- Narantak Dealcomm Limited
- Kalpataru Housefin & Trading Private Limited
- Dorite Tracon Private Limited
- Toplight Mercantiles Private Limited
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: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
Shyam Metalics IPO Lead Managers:
- Axis Capital Limited
- ICICI Securities Limited
- IIFL Holdings Limited
- JM Financial Consultants Private Limited
- SBI Capital Markets Limited
Shyam Metalics Company Address:
Shyam Metalics and Energy Limited
Trinity Tower, 7th Floor, 83,
Topsia Road, Kolkata – 700046, India
Phone: +91 33 4016 4000
Email: compliance@shyamgroup.com
Website: http://www.shyammetalics.com/
Shyam Metalics IPO FAQs:
1. When Shyam Metalics IPO will open for Anchor Investors?
The Anchor Investors bidding is 11 June 2021.
2. When Shyam Metalics IPO will open for QIB, NII, and Retail?
The IPO to open on 14 June 2021 for QIB, NII, and Retail Investors.
3. What is Shyam Metalics IPO Investors Portion?
The investors' portion for QIB-50%, NII-10%, and Retail-35%.
4. How to Apply the Shyam Metalics IPO?
You can apply Shyam Metalics IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
5. What is Shyam Metalics IPO Allotment Date?
Shyam Metalics IPO allotment date is 21 June 2021. You can check IPO allotment here.
