Shyam Metalics IPO (Initial Public Offering) will open for subscription on 14 June 2021 which is Monday. Shyam Metalics IPO will close for subscription on 16 June 2021 which is Wednesday. The GMP is showing good trend which reached at Rs 130 and the all eye will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.909 crore via IPO.
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.Check out Shyam Metalics grey market premium, Kostak rates, and subject to sauda rates as of today.
Latest Update: Shyam Metalics IPO subscribed 121.43x times, QIB 155.71x, NII 339.98.x and RII 11.64x times on day 3.
Shyam Metalics IPO Subscription Numbers(Day 3)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0x | 0.81x | 155.71x |
| NII | 0.70x | 2.60x | 339.98x |
| RII | 2.19x | 5.80x | 11.64x |
| EMP | 0.27x | 0.78x | 1.55x |
| OTH | x | x | x |
| Total | 1.23x | 3.65x | 121.43x |
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 IPO Subscription FAQs:
When Shyam Metalics IPO Subscription will start?
The Shyam Metalics IPO subscription starts on 14 June 2021 for QIB, NII, and Retail Investors.
How much Shyam Metalics IPO subscribed?
The Shyam Metalics IPO subscribed 121.43x times on day 3.
What isShyam Metalics IPO retail subscription status?
The Shyam Metalics retail subscription is 11.64x on day 3.
How to subscribe Shyam Metalics IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Shyam Metalics IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
