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Open
14 Jun 2021
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Close
16 Jun 2021
3
Allotment
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Listing
Thu, Jun 24, 2021
Price Band
₹303 to ₹306
Issue Size
2,97,05,880 shares (agg. up to ₹909 Cr)
Lot Size
45 Shares
Listing Date
Thu, Jun 24, 2021
Latest GMP
₹130
Est. Gain
42.48%
✦ AI Insight
GMP Trend
24-06-2021₹130Est. ₹436+42.48%
23-06-2021₹132Est. ₹438+43.14%
22-06-2021₹127Est. ₹433+41.5%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 84.58x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 5,105.15 | 5,203.79 | 4,052.43 | 3,470.63 |
| Total Income | 3,995.63 | 4,395.30 | 4,684.56 | 3,920.40 |
| Profit After Tax | 456.32 | 340.33 | 636.78 | 528.04 |
| EBITDA | 7,717.32 | 634.05 | 956.78 | 714.87 |
| NET Worth | 3,285.28 | 2,825.98 | 2,489.66 | 1,853.99 |
| Reserves and Surplus | 2,014.60 | 1,780.36 | 1,543.38 | 1,189.83 |
| Total Borrowing | 886.29 | 1,330.48 | 722.11 | 564.10 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment of debt of our Company and SSPL, one of our Subsidiaries | 470.00 |
| 2 | General corporate purposes | 149.72 |
About Shyam Metalics IPO
Incorporated in 2002, Shyam Metalics and Energy Limited (SMEL) is India's leading integrated metal producer company. The company is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. As of February 2021, it is among India's largest producers of ferro alloys in terms of installed capacity and the fourth-largest player in the sponge iron industry. The company serves institutional customers and end-users. Jindal Stainless Limited, Rimjhim Ispat Limit are some of its domestic clients whereas Norecom DMCC, Norecom Limited, POSCO International Corporation, World Metals & Alloys, Traxys North America LLC, JM GLobal Resources, Vijayshri Steel Pvt Ltd, etc. are the international clients. The company has a partnership with 42 distributors to offer its products across 13 states and 1 union territory. Currently, the firm has 3 manufacturing plants located in Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal. As of Dec 31, 2020, its manufacturing units have an aggregated installed metal capacity of 5.71 million tonnes per annum. The company is looking to expand its capaci
Contact Details
Shyam Metalics & Energy Ltd. AddressTrinity Tower, 7th Floor, 83Topsia RoadKolkata, West Bengal, 700046+91 33 4016 4000compliance@shyamgroup.comVisit Website