Auto component maker Sona BLW Precision Forgings and integrated metal producing firm Shyam Metalics and Energy, which recently concluded th...

At the upper end of the price band of Rs 306, Shyam Metalics is available at of 9.1 times FY21 EV/Ebitda on an annualised basis.

The IPO comprises an offer for sale of up to Rs 252 crore and fresh issuance of shares worth up to Rs 657 crore.

The key highlight of the company’s financials is that it has a consistent track record of remaining profitable even in commodity downcycles...

Analysts said the company has consistently outperformed its peers in terms of profitability. They said the majority of the power that Shyam...

The producer of long steel products is looking to raise about Rs 909 crore from a mix of fresh issue and offer for sale.

The price band for the issue has been fixed in the Rs 303-306 range, which was largely in line with the grey market expectations of Rs 303-...

Launches likely in 3-4 weeks, six more may follow in two months; buoyant markets, liquidity driving fundraising plans

The total issue size is upto Rs. 909 crore with a fresh issuance of Equity Shares, aggregating up to Rs. 657 crore and an offer for sale of...

The issue comprises fresh issuance of shares, aggregating up to Rs 657 crore, and an offer for sale of up to Rs 252 crore by existing share...

Shyam Metalics and Energy, which filed preliminary IPO papers with capital markets regulator Sebi in February, received its go-ahead on May...

The company had filed its draft red herring prospectus (DRHP) on February 27, 2021, with the market regulator.

Shyam Metalics tried to tap the capital markets in 2018 and received Sebi's nod in early 2019. But the company deferred its plans to list o...

Shyam Steel's IPO consists of fresh issue of up to Rs 200 crore and an offer for sale of up to 66.70 lakh shares

Market sources said the IPO size is estimated to be around Rs 500 crore.

The firm plans to utilise the proceeds for payment of debt, including that of its subsidiary SSPL and for other general corporate purposes.

Shyam Metalics plans to utilise the proceeds for payment of debt.