CapitalVia
ipo

Shyam Metalics to debut on June 24: What could be the listing

Shyam Metalics and Energy concluded its IPO last week. The stock will get listed on the exchanges on 24th June.The stock is expected to open with good gains due to…

CapitalVia Research Desk · 1 min read

Published 2021. CapitalVia was a SEBI-registered investment adviser at the time of writing. The company no longer provides advisory services and is not registered with SEBI — it now offers stock-market education only. The article is kept for its educational content.

Shyam Metalics and Energy concluded its IPO last week. The stock will get listed on the exchanges on 24th June.

The stock is expected to open with good gains due to the massive response and the upswing in the commodity cycle. The IPO of Shyam Metalics and Energy which was worth Rs 909 Crores was subscribed 121.43 times.

The stocks of Shyam Metalics are already trading at a premium of Rs 135 in the Grey Market for the last few days.

The Public Issue of Shyam Metalics included a fresh issue worth Rs 657 Crores and an OFS (Offer for Sale) of Rs 252 Crores.

Sources

Latest from Insights

All data stories
RBI household balance sheet · March 2026Indian households now owe almost half of GDP.Household financial liabilities hit ₹158.5 lakh crore in March 2026 — 45.9% of GDP, up from 36.4% in 2022. The ratio hasn't fallen in a single quarter since.CPI · August 2026 · MoSPIThere is no single inflation rate.India's retail inflation was 4.82% in August 2026. Almost no household actually paid that. It is the midpoint of twelve very different numbers.EPFO · PF wage ceiling · Sep 2026The PF line sat at ₹15,000 for 12 years. It just moved to ₹25,000.EPFO's mandatory PF ceiling rose from ₹15,000 to ₹25,000 on 17 Sep 2026, the first change since 2014. About 51 lakh more employees are pulled in.

Related reading

ipoNuvoco Vistas shares debut at a 17% discount to the issue price ofOne of the leading cement manufacturers of India – Nuvoco Vistas Corporation opened its IPO for subscription last week. The shares were listed on the bourses today…ipoUpcoming IPOs in October 2021 | 2 New IPOs in October Month in IndiaMany companies got their DRHP approved but the IPOs could not be launched due to the prevailing conditions. Know about 2 upcoming IPOs in the last month of October…ipoSona Comstar IPO: Share allotment and refunds expected next weekThe 5500 Crore public offering from Sona BLW Precision Forgings, popularly known as Sona Comstar closed for application on June 16th. The issue was subscribed 2.28…