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 *(Tentative)*
Discount: NIL
Market Lot: 49 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: 49 = 2,10,042 Forms)
Empl. – 3,00,000 Shares = 9.18Crs
Total Issue – 2,97,05,882 Shares = 909Crs.
Subscription required for 1X
RII = 2,10,042 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