Read more about Shyam Metalics Rs 1,107-cr initial public offering to open on Jun 14 on Business Standard. The Rs 1,107-crore initial share-sale of Shyam Metalics and Energy Ltd will open on June 14, merchant banking sources said on Saturday.The three-day initial public offer (IPO) will close on June 16 and the bidding for anchor investors will open on
Shyam Metalics and Energy IPO will comprise a fresh issuance of equity shares worth Rs 657 crore and an offer for sale of Rs 450 crore by promoter and promoter Group
Shyam Metalics gets nod for IPO
May 17, 2021
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Shyam Metalics and Energy Ltd on Monday received regulator SEBI s nod to float initial public offering. The ₹1,107-crore IPO comprises of a fresh Issuance of equity shares aggregating up to ₹657 crore and an offer for sale by selling shareholders - promoter and promoter Group - Subham Capital, Subham Buildwell, Kalpataru Housefin & Trading, Dorite Tracon, Narantak Dealcomm and Toplight Mercantiles aggregating up to ₹450 crore. The offer includes a reservation of up to 3 lakh shares for eligible employees. The company had filed its DRHP on February 27, 2021, with the markets regulator for an IPO.
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Kolkata Steel Major, Shyam Metalics & Energy receives SEBI Nod for Rs 1107 cr IPO equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.