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

4th 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 MTPA 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 Rs. 15)

 No of Shares : 45 Shares (Rs. 13,770)


Grey Market Premium :

Price :303 to 306

GMP :142 to 145

Kostak : 450

Sub to Allotment : 4500 to 4800



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