Shyam Metalics and Energy Limited is about to release its IPO on NA, 2021. The issue is closing on  NA and is currently having an active grey market. The Shyam Metalics IPO GMP is running at a stable rate as per the current situation.

In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.

However, the QIB and the HNI numbers are the key indicators of GMP in case of Shyam Metalics IPO. The company is intended to raise Rs 11,070 million by the released issue.

Shyam Metalics IPO GMP Rates, Kotak rates & SS

This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details and more.

DateGMP (in INR)Kostak (in INR)Subject to Sauda (in INR)
16 April 2021Rs. 0Rs. 0Rs. 0
15 April 2021Rs. 0Rs. 0Rs. 0
14 April 2021Rs. 0Rs. 0Rs. 0
13 April 2021NA
12 April 2021NANA

Check out Related IPO Links:

Review Shyam Metalics IPO
Shyam Metalics IPO Allotment
LIVE Subscription – Shyam Metalics IPO

Shyam Metalics IPO Date / Timetable

Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.

IPO Open Date
IPO Close DateNA
Basis of Allotment Date
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date

Shyam Metalics IPO – Financial Performance

The below given table will give you the overall idea of the company’s financial performance. Check their net profit and loss statement about Shyam Metalics IPO.

Amount (in INR & millions)
Dec 20Dec 1931 Mar 20Mar 19Mar 18
Total Assets51,051.4749,672.1952,037.8840,524.3434,706.28
Total Revenue39,956.3233,164.4843953.0246,845.6039,203.99
*Total Expense34,895.2230,948.8440,998.6339,206.9534,054.59
Profit After Tax4,602.102,613.973,407.616,417.595,218.79

FAQs Related to Shyam Metalics IPO GMP

Ques – What is the current Shyam Metalics IPO GMP Price?

Answer – As on today, the Shyam Metalics IPO GMP is Rs X  .

Ques – What is the current Shyam Metalics IPO Kostak Rate?

Answer – The Kostak rate is Rs NA  for Shyam Metalics IPO.

Ques – What is today’s Shyam Metalics IPO Subject to Sauda Rate?

Answer – As on today, the Shyam Metalics IPO Subject to Sauda is Rs X.

Ques – Where to Check Shyam Metalics IPO Allotment & Listing?

Answer – However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/

Ques – What is Kostak Price?

Answer – To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded for in the grey market.

Ques – Is GREY market buy or sell shares illegal?

Answer – Grey Market is basically a trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change any time. Hence, it is an unofficial trading and hence, not “illegal”.

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Disclaimer:

The Shyam Metalics IPO GMP which is mentioned in the table here is only valid for specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing of the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on IPO Grey market.

It is also requested that please do not subscribe for any IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the Fundamental of the companies.

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