Shyam Metalics to list on June 24: Here’s how to check allotment status

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NEW DELHI: Shyam Metalics, whose Rs 909 crore IPO was sold from June 14 to June 16, has finalised its basis of allotment and the initialisation of refunds is likely to begin today. The IPO will list on the bourses on June 24. The issue by the producer of long steel products, which consisted of … Read more

Shyam Metalics raises Rs 270 crore from anchor investors

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MUMBAI: Shyam Metalics and Energy raised Rs 270 crore from anchor investors on Friday, ahead of its initial public offer (IPO) on Monday. The company has allotted 88.21 lakh shares to 21 anchor investors at Rs. 306 per share in a pre-IPO anchor issue, , it said in an exchange filing The company allotted 60.45 … Read more

Shyam Metalics IPO opens on June 14: All you need to know

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NEW DELHI: The initial public offer (IPO) of Shyam Metalics and Energy will hit the Street on Monday. The producer of long steel products is looking to raise about Rs 909 crore from a mix of fresh issue and offer for sale. It is looking to use the net proceeds from the fresh issue mainly … Read more