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Shyam Metalics and Energy Limited IPO Detail, GMP, Key Dates etc

  Introduction : Incorporated in 2002 Metal Producer co, Such as  iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys Largest producers of ferro alloys in terms of installed capacity 4 th  player in the sponge iron industry.        Client List :      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. Manufacturing plants  : located in Sambalpur in Odisha, Jamuria and Mangalpur in West Bengal.   Capacity to increase from 5.71 MTPA to 11.60  M TPA by 2025 Shyam Metalics and Energy Key Dates :   Date          :14-6-2021 To 16-6-2021   Fresh Issue    : Rs. 657 Cr.   OFS                : Rs. 252 Cr.   Total Issue Size   : Rs. 909 Cr.   Price Band     : 303 to 306   (Employee Discount

Quick Heal Buyback 2019 v/s 2021 : Apply or Avoid ???

 

Quick Heal Buyback 2019

Quick Heal is one of the leading IT security solutions company. Each Quick Heal product is designed to simplify IT security management across the length and depth of devices and on multiple platforms. They are customized to suit consumers, small businesses, Government establishments, and corporate houses.


Final Acceptance :



Ref : SEBI Webite

Quick Heal Buyback 2021


Looking at Current Market Price Quick Heal Buyback is Providing offer at 34% Premium. Retail Holding below 2 Lakh Holding in 2019 Acceptance Ratio seen near 29.5%. 

Existing Shareholder can Buy 25% Shares from current Market and tender shares so net cost will reduce by almost 9% for full holding if this time AR comes near 30%.

For fresh entry business is growing well company is managing Revenue constantly, Looking at full year sales near 300 Cr with 1300 Cr Market cap and more than 70 Cr Net Profit is coming. So stock is trading near 15-16 PE with Good Promoter holding almost 72.83%. 
One can buy share with view of more than 1.5 Year and expect almost 25-30% AR in buyback Process. Record Date will announce soon.

 

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