| Shyam Metalics & Energy Ltd |
|
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
|
Initial public offer of 29,705,880 * equity shares of face value of  10 each ("equity shares") of Shyam Metalics and Energy Limited ("company" or "issuer") for cash at a price^ of 306 per equity share (including a share premium of 296 per equity share) ("offer price") aggregating to 908.55* Crores ("offer") comprising a fresh issue of 21,470,588* equity shares aggregating to 656.55*^ Crores by the company (the "fresh issue") and an offer for sale of 82,35,292* equity shares aggregating to 252* Crores ("offer for sale"), comprising 1,209,150* equity shares aggregating to 37 Crores by Subham Capital Private Limited, 2,058,823* equity shares aggregating to 63 Crores by Subham Buildwell Private Limited, 816,993* equity shares aggregating to 250 Crores by Kalpataru Housefin & Trading Private Limited, 980,392* equity shares aggregating to 300 Crores by Dorite Tracon Private Limited and 3,169,934* equity shares aggregating to 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 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 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 15 per equity share.
The price is 306 per share. The face value of 10 each and is 30.6 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 14-Jun-21 |
16-Jun-21 |
Rs306.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :45 Further Multiples of :45 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
656.55 |
|
| Project Financed through Current Offer |
908.55 |
|
| Post Issue Equity Share Capital |
255.08 |
|
| Issue Price |
Rs306.00 |
|
|