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June 14, 2021 - June 16, 2021

Shyam Metalics IPO FAQ

Shyam Metalics IPO Date & Price

The Shyam Metalics IPO opens on June 14, 2021 and closes on June 16, 2021.

Shyam Metalics IPO timetable / schedule is as below:
  • Bid/Offer Opens On: June 14, 2021
  • Bid/Offer Closes On: June 16, 2021
  • Finalization of Basis of Allotment: June 21, 2021
  • Initiation of refunds: June 22, 2021
  • Credit of Equity Shares: June 23, 2021
  • Listing Date: June 24, 2021

Shyam Metalics IPO price is set at ₹306 per equity share.

Shyam Metalics IPO will close for subscription at 5 PM on June 16, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The Shyam Metalics IPO starts on June 14, 2021. The issue ends on June 16, 2021.

Shyam Metalics IPO Issue Size and Subscription Status

The Shyam Metalics IPO size is Equity Shares of ₹10 aggregating up to ₹909.00 Cr.

Shyam Metalics and Energy Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Shyam Metalics IPO shares through the banks (using ASBA) or through the broker (using UPI).

Shyam Metalics IPO Offer Size

Qualified Institutional Buyers (QIB)5,940,889 Shares
Non-Institutional Investors (NII)4,455,000 Shares
Retail Individual Investor (RII)10,395,001 Shares
Employee Reservations300,000 Shares
Other Reservations0 Shares
Total Issue Size21,090,890 Shares

Shyam Metalics IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)155.71 times times
Non-Institutional Investors (NII)339.98 times times
Retail Individual Investor (RII)11.64 times times
Employee Reservations1.55 times times
Other Reservations times
Total Issue Size121.43 times times

Click here to check the Shyam Metalics IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Shyam Metalics IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Shyam Metalics IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Shyam Metalics IPO Allotment and Listing

The Shyam Metalics IPO allot status will be available online on June 21, 2021. Check the Shyam Metalics IPO Allotment Status here.

Click here to check Shyam Metalics IPO Allotment Status.

Shyam Metalics IPO listing Date is June 24, 2021. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Shyam Metalics IPO listing date and time is published by the exchange in a circular.

Click here to view the Shyam Metalics IPO Basis of Allotment.

It is hard to say at what price Shyam Metalics IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Shyam Metalics IPO shares will list on June 24, 2021 at BSE, NSE.

Shyam Metalics IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Shyam Metalics IPO which could help you with questions like Shyam Metalics IPO buy or not? You should also read Shyam Metalics IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Shyam Metalics IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Shyam Metalics IPO performance. The performance reports are available 1 day after listing.