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Shyam Metalics and Energy IPO Date, Price, Live Subscription, GMP, Allotment, Listing & Review

IPO Issue Size is Rs 1,107 crore which will divide into the issuance of up to Rs 657 crore shares.

Shyam Metalics and Energy IPO: finally, the most awaited initial public offer is here from one of the profitable companies of the Energy sector. Yes, we are talking about Shyam Metalic & Energy who announced its first-ever IPO to raise funds through investors for the upcoming expansion of the Firm. Here you can find out the Shyam Metalic and Energy IPO launch date, Share Price, Live Subscription, Grey Market Price, Allotment and Listing. Let’s start the brief discussion about the company profile and Wikipedia along with the latest financial report. Read also: Barbeque Nation IPO

Shyam-Metalics-IPO The company Shyam Metalics and Energy is based in India with a focus on long steel products and ferroalloys in terms of installed capacity in India. These proposed expansions are expected to become operational between Fiscal 2022 and Fiscal 2025.

Shyam Metalics and Energy IPO Date

As we assuming you are so much curious to know about the opening date of this IPO. So as per the expectation, the Initial Public Offer will be launch very soon in June 2021 (as expected) But if there is any delay in the date then we will definitely update you regarding every news related to this Shyam Metalics and Energy Limited IPO.

Shyam Metalics & Energy IPO Details
LAUNCH DATEUpdated Soon
LAST DATEUpdated Soon
IPO SIZERs 1,107 crore
MINIMUM LOTUpdated Soon
1 LOT PRICERs 15000 (approx)
SHARE PRICEAbove Rs 150
ALLOTMENT DATEUpdated Soon
LISTING DATEUpdated Soon

Shyam Metalics and Energy IPO Allotment

The Allotment of shares will start in action after the 2-3 days of IPO closing. Selected applicants will get their issued shares in a lot but Along with them, the rejected applicants will also get a refund within 24 hours after the allotment. But still, if you have any query then you can share the issues with your broker firm.

Shyam Metalics and Energy IPO Issue Size

IPO Issue Size has been released officially by the company and it is Rs 1,107 crore which will divide into the issuance of up to Rs 657 crore shares for investors. If are also waiting to invest in this Initial Public Offer then keep in mind. The IPO will amaze everyone through its listing price because it will be huge as you never expect.

Shyam Metalics IPO Live Subscription Status

The Live Subscription Status will be available soon until the moment we apologize for the inconvenience.

Live Subscription Status
Qualified InstitutionalComing Soon
EmployeeComing Soon
Retail IndividualComing Soon
OthersComing Soon
Non InstitutionalComing Soon
TotalComing Soon

Shyam Metalics IPO Share Price

IPO Share Price is not yet revealed by officials but according to the Issue Size and number of shares 1 lot will be under Rs 15,000. Along with it, each share will be between Rs 150 to Rs 250 (As Predicted). Lastly, the final price all set to appear at the official announcement of each & every detail. For further information, you can bookmark our website Businesspatrika.com where you can get the latest & live news.

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