Shyam Metalics and Energy Limited
ListedMainboardMaterials & Metals · NSE / BSE
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.
Price Band
₹303 – ₹306
Issue Size
₹909 Cr
Lot Size
45 shares
GMP
₹130
+42.5%
Est. Listing
₹436
at current GMP
Subscribed
—
Open
14 Jun 2021
Close
16 Jun 2021
Allotment
21 Jun 2021
Refund
22 Jun 2021
Demat Credit
23 Jun 2021
Listing
24 Jun 2021
Last updated 12 days ago
Official Registrar Verification
Shyam Metalics and Energy Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
21 Jun 2021
Basis finalization
Refunds Initiate
22 Jun 2021
Mandate release
Demat Credit
23 Jun 2021
Shares in demat
Listing Debut
24 Jun 2021
Trading begins
How to Check Shyam Metalics and Energy Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Shyam Metalics and Energy Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Shyam Metalics and Energy Limited Public Issue & Market Profile
Shyam Metalics and Energy Limited is bringing an initial public offering (IPO) in the Materials & Metals sector with an aggregate issue size of ₹909 Crores. The shares are offered at a price band of ₹303 to ₹306 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 45 shares (approx. ₹13,770 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-06-23, while un-allotted funds or UPI block mandates will be released on 2021-06-22.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.