Shyam Metalics and Energy Ltd IPO

Shyam Metalics (SMEL) IPO opens from today for subscription it will be remain available for bidding till 16th June 2021 at  price band at ₹303 to ₹306/Share.

SMEL IPO Details

IPO Tentative Timetable

Company incorporated in 2002, Shyam Metalics and Energy Limited is India's leading integrated metal producer company. The company is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. As of February 2021, it is among India's largest producers of ferro alloys in terms of installed capacity and the fourth-largest player in the sponge iron industry.