In June 2021 Shyam metallics & energy limited launched its IPO in NSE and BSE. People also want to know the what is the business of Shyam metallics. What is the financial condition of Shyam metallics?. And who owns the Shyam metallics company. who is The Shyam metallics subsidiary company?. Shyam Metalic IPO details what is the price of the 1 share in IPO, listing date, IPO Lot sizes. We are giving the all details of Shyam metallics and energy limited IPO as follows.
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Shyam Metalics Details | Shyam metalics and energy limited details :-
Shyam metalics and energy limited. is a steel manufacturing company. The shyam is a leading metal-producing company in India. Shyam metalics was incorporated in 2002 Name as SHYAM METALICS AND ENERGY LIMITED (SMEL). The company is producing long steel such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferroalloys. It is India’s 4 largest producer of sponge iron industry. ferroalloys in terms of installed capacity.
The Shyam Metalic provides his services to the institutional company and they serve their services to the retail customers. The Shyam metalics serve their services like Jindal steel, Rimjim Ispat limited, Norecom Limited, POSCO International Corporation, World Metals & Alloys, Traxys North America LLC, JM Global Resources, Vijayshri Steel Pvt Ltd, etc They are a national and international client of Shyam metalics. The company has a partnership with the 43 distributors to serve their products across India.
The Shyam metallics and energy ltd Kolkata address, is Trinity tower, 7th Floor, 83 Topsia Road, Kolkata-700046, West Bengal this is corporate office address. Shyam metalics has 3 manufacturing plants Which are located in Sambalpur in Odisha, jamuria, And Mangalpur in West Bengal. The subsidiary of Shaym metalics is Shyam SEL and power limited. The Shyam SEL and Power Limited have received the CRISIL A1+, CRISIL AA-/ Stable, and CRISIL A1+ ratings from CRISIL for their short-term (bank facilities) rating, long-term (bank facilities) rating, and commercial paper, etc respectively. Its manufacturing has a 5.7 million tonnes metal producing capacity per annum. The Shyam metalics researching to the expanding its capacity from 5.71 MTPA to 11.60 MTPA. MTPA means a million tones per annum.
The Shyam metalics has many promoters. The Mahabir Prasad Agarwal is a chairman of Shyam metalics, The Brij Bhushan Agarwal is a managing director and vice-chairman of Shyam metalics, Sanjay Kumar Agarwal is a joint managing director in Shyam metalics. Above all shyam metalics directors in the internal managing team and shareholders of Shyam metalics.
Subham Capital Private Limited, Subham Buildwell Private Limited, Narantak Dealcomm Limited, Kalpataru Housefin & Trading Private Limited, Droite Tracon Private Limited, and Toplight Mercantiles Private Limited. Above This all the promoters of Shyam metalics. Shaym SEL and power limited is a subsidiary of Shyam metalics.
Shyam Metalics Financial Reports:-
We all need to the know company’s financial reports before investing in the company shares. Financial reports are the most important to know about company financial conditions and their business revenue to the investors. The Shyam metalics market cap is Rs.7805 crore. The Shyam metallics profit as per financial year as per given below.
Following is a statement of the total assets, revenue, etc.
Shyam Metalics IPO:-
For the Year ended (Rs. in millions)
Particular
31-12-2020
31-12-2020
31-12-2019
31-12-2018
Total Assets
51,051.47
52,037.88
40,524.34
34,706.28
Total Revenue
39956.32
43,953.02
46,845.60
39,203.99
Profit
4,563.21
3,403.29
6,367.83
5,280.39
Shyam Metalics IPO:-
To invest in the Shyam Metalics IPO people need to know the details of Shyam metalics share price, And Lot Size, Share Price, minimum lots, maximum lots, IPO Opening date, closing dates, And Shyam metalics face value. All details are giving below.
IPO Details:-
Particular
Details
IPO Opening Date:-
14 June 2021
IPO Closing date
16 June 2021
Issue Type
Book Built Issue IPO
IPO PRICE (Per share Price)
Rs.303 To Rs.306 Per Equity Share
Face Value
Rs.10 Per Equity Share
Market Lot
45 shares
Minimum Order Quantity
45 shares
Listing In
NSE And BSE
Employee Discount
15
Shyam metalics Listing Timetable:-
Shyam metalics IPO is open on 14 June 2021 and the closing date of IPO is 16 June 2021. And allotment and shares credit dates as per the following.
Particular
Dates
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
A credit of shares to Demat Account
23 June 2021
IPO Listing Date
24 June 2021
Shyam Metalics IPO Size:-
The Shyam metallics IPO minimum lot size is 14. One retail investor can buy a maximum of 14 lots and a minimum of 1 lot. Shyam metallics lot size is 45 shares in 1 lot.
Particular
Lots
Shares
Amount
Minimum
1
45
Rs.13,770
Maximum
14
630
Rs.1,92,780
Frequently asked questions For Shyam metalics IPO
Q1.What is the closing date of Shyam Metalics IPO?
The Shyam metallics IPO is open on the date of 14-June-2021 and the closing date of Shyam metallics Ipo is 16-June-2021.
Q2.Where will I get ASBA physical form for Shyam metallics as the broker’s office is closed due to covid?
You need to visit the ASBA E form you can download and submit it to your bank. And another option is to use the net-banking option to fill out the ASBC form. In the situation of covid, some broker’s office is closed. The customer has 2 options and one option is using net banking and the second option is using UPI.
Q3. Is it good to buy Shyam Metalics IPO?
The analysts recommend to the investors to subscribe to Shyam metallics IPO. according to the data of NSE and BSE Shyam metallics IPO are fully subscribed on the 1st date of subscriptions. The retail investors fully subscribed to the Shyam Metalics IPO. Yes, it is a Good IPO to buy.
