Shyam Metalics and Energy Limited IPO (Shyam Metalics IPO) Detail

Incorporated in 2002, Shyam Metalics and Energy Limited (SMEL) is India's leading integrated metal producer company. The company is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. As of February 2021, it is among India's largest producers of ferro alloys in terms of installed capacity and the fourth-largest player in the sponge iron industry.

The company serves institutional customers and end-users. Jindal Stainless Limited, Rimjhim Ispat Limit are some of its domestic clients whereas Norecom DMCC, Norecom Limited, POSCO International Corporation, World Metals & Alloys, Traxys North America LLC, JM GLobal Resources, Vijayshri Steel Pvt Ltd, etc. are the international clients. The company has a partnership with 42 distributors to offer its products across 13 states and 1 union territory.

Currently, the firm has 3 manufacturing plants located in Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal. As of Dec 31, 2020, its manufacturing units have an aggregated installed metal capacity of 5.71 million tonnes per annum. The company is looking to expand its capacity from 5.71 MTPA to 11.60 NTPA by 2025. The Sambalpur and Jamuria plants are integrated steel manufacturing plants that produce captive railway sidings, captive power plants, iron pellet, sponge iron, bilet, thermo mechanically treated (TMT), wire rod, and structural mills, and ferro alloys plants. Further, its manufacturing facility at Mangalpur comprises sponge iron and ferro alloy plants, and a captive power plant.

Competitive Strengths

  • Leading integrated metal producer in India.
  • Strategically located manufacturing plants with a robust infrastructure.
  • Diversified product portfolio.
  • Strong financial performance and distribution network.

Company Promoters:

Mahabir Prasad Agarwal, Brij Bhushan Agarwal, Sanjay Kumar Agarwal, Subham Capital Private Limited, Subham Buildwell Private Limited, Narantak Dealcomm Limited, Kalpataru Housefin & Trading Private Limited, Dorite Tracon Private Limited, and Toplight Mercantiles Private Limited are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 51,051.47 52,037.88 40,524.34 34,706.28
Total Revenue 39,956.32 43,953.02 46,845.60 39,203.99
Profit After Tax 4,563.21 3,403.29 6,367.83 5,280.39

Objects of the Issue:

The IPO proceed will be used towards the following purposes;

  • Repayment and/or pre-payment of company and its subsidiary (SSPL)'s debt fully or partially.
  • General corporate purposes.

Shyam Metalics IPO Details

IPO Opening Date
IPO Closing Date
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price[.] to [.] per equity share
Market Lot
Min Order Quantity
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹1,107.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹657.00 Cr)
Offer for Sale[.] Eq Shares of ₹10
(aggregating up to ₹450.00 Cr)

Shyam Metalics IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Shyam Metalics IPO Prospectus

Shyam Metalics IPO Rating

314
4.0
Rating:Rated 4.0 stars

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Company Contact Information

Shyam Metalics and Energy Limited
Trinity Tower, 7th Floor, 83,
Topsia Road, Kolkata – 700046, India


Phone: +91 33 4016 4000
Email: compliance@shyamgroup.com
Website: http://www.shyammetalics.com/

Shyam Metalics IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Shyam Metalics IPO FAQs

  1. What is Shyam Metalics IPO?

    Shyam Metalics IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹1,107.00 Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is .

    The Shyam Metalics IPO open and close dates are not available as of now.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in Shyam Metalics IPO through Zerodha?

    Zerodha customers can apply online in Shyam Metalics IPO using UPI as a payment gateway. Zerodha customers can apply in Shyam Metalics IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Shyam Metalics IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Shyam Metalics IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Shyam Metalics IPO will open?

    The Shyam Metalics IPO dates are not announced. Please check back again after some time.

  4. What is the lot size of Shyam Metalics IPO?

    Shyam Metalics IPO lot size and the minimum order quantity is not available at this time. Please check again later.

  5. How to apply for Shyam Metalics IPO?

    You can apply in Shyam Metalics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Shyam Metalics IPO allotment?

    The finalization of Basis of Allotment for Shyam Metalics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shyam Metalics IPO allotment status.

  7. When is Shyam Metalics IPO listing date?

    The Shyam Metalics IPO listing date is not yet announced. The tentative date of Shyam Metalics IPO listing is [.].

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