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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Shyam Metalics & Energy Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹306
Per ShareLot Size
45 Shares
Minimum Investment
₹13,770
Issue Size
₹909 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98.49%
Issue Type
Book Building
ISIN
INE810G01011
Shyam Metalics and Energy Limited is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. It is amongst the largest producers of ferro alloys in terms of installed capacity in India, as of February 2021. It has the ability to sell intermediate and final products across the steel value chain. As of March 31, 2020, the company was 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 capacity in India.
India steel demand has increased at a CAGR of approximately 5.4% during Fiscal 2015 to Fiscal 2020. Going forward, steel demand is expected to recover and continue its strong growth rate at 5.0% to 6.0% through Fiscal 2025 supported by the Government led initiatives especially affordable housing and infrastructure projects in metro, road, and urban infra space (which are more steel intensive). Further, the Government's impetus on infrastructure is expected to drive double digit steel demand growth in Fiscal 2022.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 29,705,880 * equity shares of face value of Rs. 10 each ("equity shares") of Shyam Metalics and Energy Limited ("company" or "issuer") for cash at a price^ of Rs. 306 per equity share (including a share premium of Rs. 296 per equity share) ("offer price") aggregating to Rs. 908.55* Crores ("offer") comprising a fresh issue of 21,470,588* equity shares aggregating to Rs. 656.55*^ Crores by the company (the "fresh issue") and an offer for sale of 82,35,292* equity shares aggregating to Rs. 252* Crores ("offer for sale"), comprising 1,209,150* equity shares aggregating to Rs. 37 Crores by Subham Capital Private Limited, 2,058,823* equity shares aggregating to Rs. 63 Crores by Subham Buildwell Private Limited, 816,993* equity shares aggregating to Rs. 250 Crores by Kalpataru Housefin & Trading Private Limited, 980,392* equity shares aggregating to Rs. 300 Crores by Dorite Tracon Private Limited and 3,169,934* equity shares aggregating to Rs. 970 Crores by Narantak Dealcomm Limited (collectively, the "promoter selling shareholders" or the "selling shareholders", and such equity shares, the "offered shares"). The offer constitutes 11.65 % (subject to finalization of Basis of Allotment) of the post-offer paid-up equity share capital of the company. The offer includes a reservation of 300,000* equity shares, aggregating to Rs. 87.30^ Crores, for subscription by eligible employees (as defined herein) (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer constitute 11.65 % and 11.53 % (subject to finalization of basis of allotment), respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each. * subject to finalisation of the basis of allotment ^A Discount of 4.90 % on the offer price was offered to the eligible employees bidding in the employee reservation portion ("employee discount") equivalent to Rs. 15 per equity share. The price is Rs.306 per share. The face value of Rs.10 each and is 30.6 times of the face value.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Shyam Metalics and Energy Limited ("Company") was originally incorporated as Shyam DRI Power Limited on December 10, 2002 at Kolkata, West Bengal, India as a public limited company under the Companies Act, 1956 and received the certificate for commencement of business from the Registrar of Companies, West Bengal at Kolkata ("RoC") on December 11, 2002. Subsequently, the name of the Company was changed to Shyam Metalics and Energy Limited vide a special resolution passed by its Shareholders on November 23, 2009, and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on January 5, 2010.
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Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.