NEW DELHI: Integrated metal generating company Shyam Metalics and Energy will create introduction on the stock markets on June 24.
The equity shares will be listed on BSE and National Stock Exchange (NSE).
The share allocation at the first public offering (IPO) will be very likely to be finalised on Monday.
People people who have implemented for Shyam Metalics stocks at the IPO can assess the allotment standing over the KFIN Technologies web site.
The standing — after finalised — could also be assessed on BSE site.
Shyam Metalics gained Rs 909 crore out of the public problem, for example Rs 270 crore from anchor shareholders.
The corporation’s Rs 990-crore first share-sale has been subscribed over 121 times in a cost of Rs 303-306 apiece.
The group reserved for QIBs has been subscribed 156 occasions, non-institutional investors 340 days and percentage set aside for retail investors that had been dispersed 11.62 times.
The IPO comprised new issuance of equity shares worth around Rs 657 crore along with also an offer available to the tune of Rs 252 crore by existing shareholders.
Even the Kolkata-based long steel goods and ferro metal focused firm sells intermediate and final products throughout the steel value chain catering to both institutional and end use customers through 42 providers, agents across 13 states and one union territory.
It, now, operates three production plants which are situated at Sambalpur at Odisha, also Jamuria and Mangalpur at West Bengal.
(With inputs from services )
Shyam Metalics IPO Discuss allotment: Here Is the Way to check status
