Shyam Metalics IPO Subscription Details (Live Status)

Shyam Metalics IPO Details

IPO Open	Jun 14, 2021
IPO Close	Jun 16, 2021
IPO Price	₹306
Face Value	₹10
IPO Size	₹909.00 Cr
Listing At	BSE, NSE
Lot Size	45

Shyam Metalics IPO Subscription Status Live

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

Shyam Metalics IPO Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 Jun 14, 2021	0.00	0.70	2.19	0.27	1.23
Day 2 Jun 15, 2021	0.81	2.60	5.80	0.78	3.65
Day 3 Jun 16, 2021	155.71	339.98	11.64	1.55	121.43

Shyam Metalics IPO Shares Offered

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	Amount (Rs Cr)	Size (%)
QIB	5,940,889	181.79	28.17%
NII	4,455,000	136.32	21.12%
Retail	10,395,001	318.09	49.29%
Employee	300,000	9.18	1.42%
Total	21,090,890	645.38	100%

IPO Investor Categories

Qualified Institutional Buyers (QIB)
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.
Non-Institutional Investors(NII)
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. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

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Shyam Metalics IPO Subscription FAQs

The Shyam Metalics IPO is subscribed 121.43 by Jun 16, 2021.