Shyam Metalics and Energy Limited IPO GMP

Incorporated in 2002, Shyam Metalics and Energy Limited (SMEL) is Indias leading integrated metal producer company. The company is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. As of February 2021, it is among Indias largest producers of ferro alloys in terms of installed capacity and the fourth-largest player in the sponge iron industry. The company serves institutional customers and end-users. 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. The company has a partnership with 42 distributors to offer its products across 13 states and 1 union territory. Currently, the firm has 3 manufacturing plants located in Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal. As of Dec 31, 2020, its manufacturing units have an aggregated installed metal capacity of 5.71 million tonnes per annum. The company is looking to expand its capacity from 5.71 MTPA to 11.60 NTPA by 2025. The Sambalpur and Jamuria plants are integrated steel manufacturing plants that produce captive railway sidings, captive power plants, iron pellet, sponge iron, bilet, thermo mechanically treated (TMT), wire rod, and structural mills, and ferro alloys plants. Further, its manufacturing facility at Mangalpur comprises sponge iron and ferro alloy plants, and a captive power plant.

Below are Details of Grey Market Premium (GMP) and Kostak Rate of Shyam Metalics and Energy Limited IPO.Please note GMP is only work when subscription figure is high.Always looks for subscription figure before looking to Grey Market Premium (GMP).Grey Market Premium (GMP) may go up or down depend on Subscription figure.Subscription figure is available on Home page for main line IPO and SME page for SME IPO.

IdGrey Market PremiumKostak RateRate Date
1512160 Rs450 Rs16 Jun 2021
1506150 Rs450 Rs (SS : 4500)15 Jun 2021
1503150 Rs450 Rs13 Jun 2021
1502150 Rs450 Rs12 Jun 2021

Your Comment:
 6 + 6 

Hardik Jun 18 2021 7:11:31 PM
Double khulega enjoy

admin Jun 16 2021 8:52:49 PM
Total No.of Application Approx : ~ 2113397 Retail Subscription on the basis of Apps : 9.15 x

admin Jun 16 2021 8:52:28 PM
Bumper subscription.

Kaal Jun 16 2021 4:07:18 PM
Strong figure in qib 153x & hni 339x

IPO King Jun 16 2021 2:58:22 PM
@Admin Sirji Pls share retail final app.wise data later in the evening.

IPO King Jun 16 2021 2:41:20 PM
Robust Growth Company. Blockbuster IPO. Applied full force 22 applications, fingers crossed 🤞🤞

naresh Jun 16 2021 1:52:40 PM
after long time, good ipo...will get something.

admin Jun 15 2021 6:52:27 PM
Latest GMP updated in IPO GMP Section.

Kaal Jun 15 2021 1:48:17 PM
Live subscription with retail application wise or total retail applications or both figure update if possible

Dost Jun 15 2021 9:42:41 AM
Please update GMP

admin Jun 14 2021 11:31:02 PM
Apply with full force.

admin Jun 14 2021 5:26:37 PM
Sorry friends today live subscription started late. There was technical glitch on hosting server.

Mayur Abchung Jun 14 2021 1:32:35 PM
Plz update live subscription

Mayur Abchung Jun 14 2021 1:32:30 PM
Plz update live subscription

Aziz Jun 14 2021 12:42:35 PM
Please update live ipo bidding data

AjayIPO Jun 14 2021 12:39:34 PM
Why there is no live updates

Joseph Jun 14 2021 12:38:54 PM
Sirji Live Subscription kyo nahi dikh raha

Rakesh Jun 14 2021 12:38:12 PM
Dear Admin, Kindly update the live subscription details of today's iPO.

Kaal Jun 14 2021 11:57:52 AM
Now 4 IPOs in raw retailers r confused which one subscribe or left Grey market also not active as it is at IPOs time

Jun 14 2021 11:03:30 AM
Please update SME IPO list.

Raju Jun 14 2021 10:56:27 AM