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| Issue Open | Jun 14, 2021 |
| Issue Close | Jun 16, 2021 |
| IPO Price | ₹306 |
| Face Value | ₹10 |
| IPO Size | ₹909.00 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 45 |
Shyam Metalics IPO subscribed 121.43 times. The public issue subscribed 11.64 times in the retail category, 155.71 times in QIB, and 339.98 times in the NII category by Jun 16, 2021.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 155.71 |
| Non-Institutional Buyers | 339.98 |
| Retail Investors | 11.64 |
| Employees | 1.55 |
| Others | [.] |
| Total | 121.43 |
| Date | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
Day 1 | 0.00 | 0.70 | 2.19 | 0.27 | 1.23 |
Day 2 | 0.81 | 2.60 | 5.80 | 0.78 | 3.65 |
Day 3 | 155.71 | 339.98 | 11.64 | 1.55 | 121.43 |
Shyam Metalics IPO is a public issue of 21,090,890 equity shares. The issue offers 10,395,001 shares to retail investors, 5,940,889 shares to qualified institutional buyers, and 4,455,000 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 5,940,889 | 28.17% |
| NII | 4,455,000 | 21.12% |
| Retail | 10,395,001 | 49.29% |
| Employee | 300,000 | 1.42% |
| Total | 21,090,890 | 100% |
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Shyam Metalics IPO is subscribed 121.43 by Jun 16, 2021.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 155.71 |
| Non Institutional | 339.98 |
| Retail Individual | 11.64 |
| Employee Reservations | 1.55 |
| Others | [.] |
| Total Subscription | 121.43 |
An investor can apply in Shyam Metalics IPO online via bank (using ASBA) or the broker (using UPI). The Shyam Metalics IPO shares are offered online only.
The Shyam Metalics IPO is subscribed 121.43 by Jun 16, 2021.
The Shyam Metalics IPO allotment status is expected on or around Jun 21, 2021. Visit Shyam Metalics IPO allotment status to check.
Visit Shyam Metalics IPO subscription status page for real-time bidding information about Shyam Metalics IPO.
| IPO Opens On | Jun 14, 2021 |
| IPO Closes On | Jun 16, 2021 |
| Finalisation of Basis of Allotment | Jun 21, 2021 |
| Initiation of Refunds | Jun 22, 2021 |
| Credit of Shares to Demat Account | Jun 23, 2021 |
| IPO Listing Date | Jun 24, 2021 |
Useful Articles
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