Shyam Metalics and Energy IPO
Shyam Metalics and Energy Limited (SHYAMMETL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 24 June 2021.
Listed 24 Jun
Listing gain +24.2%
Issue details
Price band
₹303–306
Issue price
₹306
Lot size
45 shares
Min. retail bid
₹13,770
Max. retail bid
14 lots (₹1,92,780)
Issue size
—
Face value
₹10
Bidding
14 Jun – 16 Jun 2021
Listing
24 Jun 2021
Retail quota
—
Registrar
Kfin Technologies Private Limited
Listing day
Listed at
₹380
+24.2% vs issue price ₹306
Day's high
₹399
+30.4% · low ₹370 (+20.9%)
Day's close
₹376
+22.9% · traded ₹1,036 Cr
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Shyam Metalics and Energy's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Kalyan Jewellers IndiaMar 2021 | — | — | — | — | — | -15.0% | -6.9% |
| MTAR TechnologiesMar 2021 | — | — | — | — | — | +82.6% | +100.8% |
| Equitas Small Finance BankOct 2020 | — | — | — | — | — | -5.8% | +0.5% |
| SBI Cards and Payment ServicesMar 2020 | — | — | — | — | — | -12.4% | 0.0% |
| IndiaMART InterMESHJun 2019 | — | — | — | — | — | +21.3% | +37.5% |
| Metropolis HealthcareApr 2019 | — | — | — | — | — | +8.9% | +11.7% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| ICICI Securities | 109 | +21.3% | 69% |
| Axis Capital | 107 | +20.4% | 73% |
| IIFL Securities | 94 | +19.3% | 71% |
| JM Financial | 109 | +22.8% | 75% |
| SBI Capital Markets | 56 | +16.7% | 61% |
Offer documents (NSE)
Frequently asked
What is the Shyam Metalics and Energy IPO price band and lot size? ₹303–306 per share, with a lot of 45 shares, so the smallest retail bid is ₹13,770.
How did it list? It opened at ₹380, +24.2% against the issue price of ₹306, and closed its first day +22.9%.
Other IPOs of 2021
CMS Info SystemsSupriya LifescienceHP AdhesivesData Patterns (India)MedPlus Health ServicesMetro BrandsC.E. Info SystemsShriram Properties
All 2021 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
