Shyam Metalics and Energy Limited IPO Message Board (Page 16)

I too applied on first day and the second day

Applied through Canara bank ASBA on 14/06/2021
Amount was put on hold for subscription. But not received message from BSE

Is there any link of GMP price update? If so please share. Thanks

Only one word for Zerodha - HOPELESS!
Have been consistently facing issue with receiving UPI mandate.

Successfully applied using ICICI demat.

Issue persist with Edelweiss and Angel Broking also.

Please wait 2 hours for the mandate to show up. Don''t create another one in a hurry.

My axis bank net banking new dashboard not show IPO section can anyone help me how can I apply ipo with phonepe or any other app?

It is showing on Axis Bank net banking
On home page there will be an Investment tab.
Click on that option
Drop down list will appear
Select Apply for IPO from that list

What is last time to apply for this ipo ??

Today all Metal Stocks slipped heavily due to negative news from China. Let''s see the Listing day what happened in this stock.

I applied via zerodha . In the first request that I created I did not receive the mandate request. I deleted it and created a new request

After that I received a mandate request and approved it. But it turns out that this mandate was of the first request that I did from zerodha and hence after 2 hours it got revoked .

I have not received the mandate request till yet . What should I do ? Is my application submitted or not ?

Bro if you apply for ipo through upi don''t panic for mandate
You will surely receive it before ending of the day.
Mandate requests may come late because of huge pressure but you receive it surely.

Best way for applying is asba

Thank you Sarthak and Godhaji for your response. I got mandate request just now and approved it.

@Godhaji...what is asba and how to apply via it ?

Look at the subscription numbers. Tasty.

Bumper listing is expected.

"Hold one lot for long term and book profits on other lots" - Assuming we get some allotment :-)

@Hari, we stay optimistic on the markets. We stay confident on the India story. ;)

What is this yaar applied today at 11am still not got the upi mandate anybody having same issue???Using BHIM upi SBI agar Kisi Ka same problem hai or mandate Mila hai toh krupiya reply kare!!!

I am also facing same issue. Not receiving any upi mandate. Any idea why it''s happening?

I applied 3 lots from 3 different accounts from upi
Received mandate in 10-15 minutes for all applications

Phonepay is best for upi mandates

Subscription figures are great
50% listing gains may be there

Now just hoping for allotment 🤑

I have apply two IPO different-different UPI Phonepe and axisbank but still not got the upi mandate anybody having same issue and i use axis pay so i have no idea about axispay nitification please help me. Thanks

Always apply ASBA system. through any bank safe and easy.

AXIS Bank has some probem, in retail category it is selecting Employee automatically, we annot change. Ended up applying through ICICI and SBI

This is because in Axis RII cant apply after 3 PM on the final day of closing.

I have not got mandate, applied from ZERODHA. Is it better to cancel and reapply or wait for mandate

Thank you

From my past experience, i can say that we should wait for receiving the UPI mandate instead of generating new mandate.

As usual Mandate not received , 3 hours since application submitted in zerodha.

I dont know why you prople relayed on UPI go and open SBI account and put applications from there its easy

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Shyam Metalics & Energy IPO – Schedule *(FINAL – Pg #356 of RHP)*

09th June – Announcement of Price Band
11th June – Anchor Investors Allotment
14th June – Offer Opens
16th June – Offer Closes
21st June – Finalisation of Basis of Allotment
22nd June – Unblocking of ASBA Accounts
23rd June – Credit of Equity Shares to Depository Accounts
24th June – Commencement of Trading


Shyam Metalics & Energy IPO – Issue Information *(Tentative)*

Issue Opens on: 14 June 2021
Issue Closes on: 16 June 2021
Issue Type: Book Built Issue IPO
Issue Size: 2,97,05,882 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.303 – Rs.306 Share
Discount: Rs.15/- per Share (for Employees)
Market Lot: 45 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 23,36,10,100 Shares
Fresh Issue of 2,14,70,588 Shares @306/- = Rs.657Crs
Offer for Sale of 82,35,294 Shares @306/- = Rs.252Crs
Equity Shares outstanding after the Issue = 25,50,80,688 Shares

Category-wise Break up:
Anchor – 88,21,765 Shares = 269.95Crs
QIB – 58,81,176 Shares = 179.96Crs
NII – 44,10,882 Shares = 134.97Crs
RII – 1,02,92.059 Shares = 314.94Crs (Lot size: 45 = 2,28,712 Forms)
Empl. – 3,00,000 Shares = 8.73Crs (Discount @15)
Total Issue – 2,97,05,882 Shares = 908.55Crs.

Subscription required for 1X
RII = 2,28,712 Forms
NII = 134.97 Crs


Shyam Metalics & Energy IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated June 04, 2021 (443 pages)

EPS for FY17-18 >>> Rs.18.17 (Page #92 of RHP)
EPS for FY18-19 >>> Rs.25.86 (Page #92 of RHP)
EPS for FY19-20 >>> Rs.14.57 (Page #92 of RHP)
EPS for 9M20-21 >>> Rs.19.53 (Page #92 of RHP)

RoNW for FY17-18 >>> 22.89% (Page #93 of RHP)
RoNW for FY18-19 >>> 24.27% (Page #93 of RHP)
RoNW for FY19-20 >>> 12.04% (Page #93 of RHP)
RoNW for 9M20-21 >>> 13.89% (Page #93 of RHP)

NAV as on December 31, 2020 was Rs.140.63 (Page #93 of RHP)

Listed Industry Peer Group (Page #93 of RHP): Tata Steel, JSW Steel, Steel Authority of India, Jindal Steel & Power, Tata Steel Long Products


Shyam Metalics & Energy IPO – *Market’s Current Estimates of oversubscription*:

NII = 35KCrs. = ~259.31X
RII = 27L Forms = 11.81X Applic. wise (Avg allotment of ~3.81 shares per lot)

Interest cost *@7.50%p.a.* for 7days = *44.01paise for 1X*

Thus, for NII the costing = 259.31 X 44.01 paise = Rs.114.31 per share (= GMP)

And, for RII the costing = 114.31 X 3.81 = Rs.435/- (= Kostak)


Shyam Metalics & Energy IPO – *GMP Estimated*
GMP 145 +/- 1
Kostak 550 +/- 10
Subject 2 @5,500/-

@MITTAL

अगर एक बार ड्राफ्ट इशू पेपर पढ़ लिया होता ता पता चल जाता
गलैन्मार्क लाइफ साइंस के इशू मे गलैन्मार्क शेयर धारक के लिए आरक्षण हे १००% हे

GOTO : OFFER STRUCTURE
PDF page : 316

What a call mam👌 You are simply great 👍

If I accept the request after 5PM will my application be valid ??

Yes, it is valid till you accept till midnight

You can accept mandate till tomorrow 12 pm .

GMP- 128 Buyer

What is GMP... Right now, anyone has idea?

IPO Name
GMP Today
Kostak      Subject
Shyam Metalics
14-16 June
Rs 160      Rs 450      Rs 4500

130 -135 Per share (selling side)