1 min
April 11, 2025
Shyam Metalics to debut on June 24: What could be the listing premium?
Shyam Metalics may open with hefty gains amid a strong response as well as an upswing in the commodity cycle.
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.
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