Shyam Metalics and Energy Limited IPO
Shyam Metalics and Energy Limited was a mainboard IPO in the Iron & Steel Products sector, offered at ₹303–₹306 per share to raise ₹909 crore. It listed on 24 Jun 2021 at ₹380 and closed its first day at ₹376, a listing gain of +22.9% versus the ₹306 issue price. It now trades around ₹1,163 (+280.0% versus the issue price).
Frequently asked questions
- What were the Shyam Metalics and Energy Limited IPO listing gains?
- Shyam Metalics and Energy Limited listed on 24 Jun 2021 at ₹380, closing its first day at ₹376 — a listing gain of +22.9% versus the ₹306 issue price.
- What was the price band and lot size of the Shyam Metalics and Energy Limited IPO?
- The price band was ₹303–₹306 per share, with a minimum lot of 45 shares (₹13,770 at the upper band).
- Who were the registrar and lead manager for the Shyam Metalics and Energy Limited IPO?
- Kfin Technologies Private Limited was the registrar, and ICICI Securities was the book-running lead manager.