Registered Office:
Trinity Tower,83 Topsia Road 7th Floor,
Kolkata -
700046,
West Bengal, India.
Phone : 91-33-40164000/01 Fax:91-33-40164025
Email : compliance@shyamgroup.com
Website : www.shyammetalics.com
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| Initial public offer of 29,705,880 * equity shares of face value of Rs. 10 each ("equity shares") of Shyam Metalics and Energy Limited ("company" or "issuer") for cash at a price^ of Rs. 306 per equity share (including a share premium of Rs. 296 per equity share) ("offer price") aggregating to Rs. 908.55* Crores ("offer") comprising a fresh issue of 21,470,588* equity shares aggregating to Rs. 656.55*^ Crores by the company (the "fresh issue") and an offer for sale of 82,35,292* equity shares aggregating to Rs. 252* Crores ("offer for sale"), comprising 1,209,150* equity shares aggregating to Rs. 37 Crores by Subham Capital Private Limited, 2,058,823* equity shares aggregating to Rs. 63 Crores by Subham Buildwell Private Limited, 816,993* equity shares aggregating to Rs. 250 Crores by Kalpataru Housefin & Trading Private Limited, 980,392* equity shares aggregating to Rs. 300 Crores by Dorite Tracon Private Limited and 3,169,934* equity shares aggregating to Rs. 970 Crores by Narantak Dealcomm Limited (collectively, the "promoter selling shareholders" or the "selling shareholders", and such equity shares, the "offered shares"). The offer constitutes 11.65 % (subject to finalization of Basis of Allotment) of the post-offer paid-up equity share capital of the company. The offer includes a reservation of 300,000* equity shares, aggregating to Rs. 87.30^ Crores, for subscription by eligible employees (as defined herein) (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer constitute 11.65 % and 11.53 % (subject to finalization of basis of allotment), respectively, of the post-offer paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10 each.
* subject to finalisation of the basis of allotment
^A Discount of 4.90 % on the offer price was offered to the eligible employees bidding in the employee reservation portion ("employee discount") equivalent to Rs. 15 per equity share.
The price is Rs.306 per share. The face value of Rs.10 each and is 30.6 times of the face value.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 14-Jun-21 |
16-Jun-21 |
306.00-0.00 |
0.00-0.00 |
|
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Minimum Application for shares in Nos :
45
Further Multiples of :
45
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Rs Cr |
Lead Managers to the Issue |
| Project Cost |
656.55 |
Axis Capital Ltd
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| Project Financed through Current Offer |
908.55 |
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| Post Issue Equity Share Capital |
255.08 |
|
| Issue Price |
306.00 |
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