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SMSHYAMMETLListed

Shyam Metalics and Energy Limited

Bookbuilding IPO · NSE, BSE

Price band
₹303-₹306
Lot size
45 shares
Issue amount
₹909 cr
Total subscription
0×
Current price₹1,226.6
Listing price ₹380
Watch live price ↗
Opens
14 Jun 2021
Closes
16 Jun 2021
Allotment
21 Jun 2021
Listing
24 Jun 2021

Offer at a glance

Issue overview

Issue size
2,97,05,880 shares
Face value
₹10 per share
Minimum investment
₹13,635
Fresh issue
₹657 cr
Offer for sale
₹252 cr
Registrar
Kfin Technologies Limited
Listing exchange
NSE, BSE
Maximum investment
₹13,770
Issue type
Bookbuilding IPO
Shares before issue
23,36,10,100
Shares after issue
25,50,80,688

Lot sizes

CategoryLotsSharesAmount
RETAIL145₹13,770
sHNI15675₹2,06,550
bHNI733,285₹10,05,210

Share reservation

QIB49.5%
HNI14.85%
RETAIL34.65%
Employee1.01%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

06513020 May: ₹130
20 May₹13020 May

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
020,00040,00060,000Mar-18 · Revenue: 39,203.99Mar-18 · Profit after tax: 5,280.39Mar-18Mar-19 · Revenue: 46,845.6Mar-19 · Profit after tax: 6,367.83Mar-19Mar-20 · Revenue: 43,953.02Mar-20 · Profit after tax: 3,403.29Mar-20Dec-20 · Revenue: 39,956.32Dec-20 · Profit after tax: 4,563.21Dec-20
RevenueProfit after tax

Company information

Company profile

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.

Strengths

  • Leading Metal Producer: One of India’s top integrated metal manufacturers.
  • Strategic Manufacturing: Well-located plants with strong infrastructure.
  • Diversified Portfolio: Wide range of metal products.
  • Strong Financials & Reach: Solid financial performance with a robust distribution network.

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

Registrar & documents

Lead manager

Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited, Jm Financial Limited, SBI Capital Markets Limited

Registered office

Trinity Tower, 7th Floor, 83, Topsia Road, Kolkata – 700046, India

+91 33 4016 4000

[email protected]Company website ↗

Understanding SHYAMMETL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.