Shyam Metalics and Energy Limited IPO [INITIAL PUBLIC OFFERING] Detail
About the Shyam Metalics and Energy Limited
Shyam Metalics and Energy Limited (“Company”) was originally incorporated as Shyam DRI Power Limited on December 10, 2002 at Kolkata, West Bengal, India as a public limited company under the Companies Act, 1956 and received the certificate for commencement of business from the Registrar of Companies, West Bengal at Kolkata (“RoC”) on December 11, 2002. Subsequently, the name of the Company was changed to Shyam Metalics and Energy Limited vide a special resolution passed by the Shareholders on November 23, 2009, and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on January 5, 2010.
Leading integrated metal producing company based in India with a focus on Long Steel Products and Ferro Alloys.
Registered and Corporate Office: Trinity Tower, 7th Floor, 83, Topsia Road, Kolkata – 700046, West Bengal, India
Contact Person: Birendra Kumar Jain, Company Secretary and Compliance Officer; Tel: +91 33 4016 4000
E-mail: compliance@shyamgroup.com; Website: http://www.shyammetalics.com
Corporate Identity Number: U40101WB2002PLC095491
Company Financials
Summary of Restated Consolidated Financial Information
For the year/period ended (in ₹ million)
| Particulars | |||||
|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-19 | 31-Mar-20 | 31-Dec-19 | 31-Dec-20 | |
| Total Revenue | 39,203.99 | 46,845.60 | 43,953.02 | 33,164.48 | 39,956.32 |
| Profit After Tax | 5,280.39 | 6,367.83 | 3,403.29 | 2,603.61 | 4,563.21 |
| Total Asset | 34,706.28 | 40,524.34 | 52,037.88 | 49,672.19 | 51,051.47 |
Shyam Metalics and Energy Limited – IPO Details
IPO Details
| Issue Open Date | 14 June 2021 |
| Issue Close Date | 16 June 2021 |
| Issue Type | Book Built Issue |
| Face Value | ₹10 per equity share |
| IPO/Issue Price | ₹ 303 to ₹ 306 per equity share |
| Market Lot | 45 Shares |
| Min Order Quantity | 45 Shares |
| Listing At | BSE, NSE |
IPO/ Issue Time Line [Tentative]
Issue Open Date
Issue Close Date
Basis of Allotment Date
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Offer towards funding the following objects:
- Repayment and/or pre-payment, in full or part, of debt of Company and SSPL, one of Subsidiaries; and
- General corporate purposes.
Source: PROSPECTUS
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