Sunday, June 13, 2021

Shyam Metalics IPO Subscription (Live) Numbers & Status | Should You Subscribe?

Shyam Metalics IPO subscription to start from 14 June 2021, Monday. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO will get a good subscription number as the premium is active and investors will surely look at the listing and long term gain. The Shyam Metalics price band is fixed at ₹303 to ₹306 Per Share with face value of ₹10 Per Equity Share. Shyam Metalics IPO to raise ₹909 Crores via initial public offer. Please check the Shyam Metalics IPO details over here.

IPOWatch View: We recommend investors to apply this IPO with short term and long term gain. The IPO Subscription is started!

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    Shyam Metalics IPO Subscription Status (Final Data)

    (Over Subscribed)

    Category Day 1 Day 2 Day 3
    QIB 0.00x 0.81x 155.71x
    NII 0.70x 2.60x 339.98x
    RII 2.19x 5.80x 11.64x
    EMP 0.27x 0.78x 1.55x
    Total 1.23x 3.65x 121.43x

    Shyam Metalics IPO Date & Price Band

     IPO Open:  14 June 2021
     IPO Close:  16 June 2021
     IPO Size:  Approx ₹909 Crores
     Fresh Issue:  Approx ₹657 Crores
     Offer for Sale:  Approx ₹252 Crores
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹303 to ₹306 Per Share
     Listing on:  BSE & NSE
     Retail Portion:  35%
     Employee Discount:  ₹15 Per Shares
     Equity:  - Shares

    Shyam Metalics IPO Market Lot

     Minimum Lot Size:  Minimum 45 Shares
     Minimum Amount:   ₹13,770
     Maximum Lot Size:  Maximum 630 Shares
     Maximum Amount:  ₹1,92,780

    Shyam Metalics IPO Allotment & Listing

     Basis of Allotment:  21 June 2021
     Refunds:  22 June 2021
     Credit to Demat Account:  23 June 2021
     Listing Date:  24 June 2021

    Shyam Metalics IPO Subscription FAQs:

    When Shyam Metalics IPO Subscription will start?
    The IPO subscription starts on 14 June 2021 for QIB, NII, and Retail Investors.

    How much Shyam Metalics IPO subscribed?
    The IPO subscribed 121.43x times on day 3.

    What is Shyam Metalics IPO Retail subscription status?
    The RII subscription is 11.64x on day 3.

    How to subscribe Shyam Metalics IPO?
    You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

    How do i check live Shyam Metalics IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.