Shyam Metalics IPO Allotment: Date, Status Check Online, Link from BSE bseindia.com, kfintech kcas.kfintech.com/ipostatus – Your step-by-step GUIDE is here

Shyam Metalics IPO Allotment: Date, Status Check Online, Link from BSE: Investors in this Initial Public Offering (IPO) must know that share allocation for Shyam Metalics IPO is likely to be finalised today. The stocks of Shyam Metalics will be listed on 24 June. The three-day public issue commenced on 14 June and ended on 16 June. 

The allotment of shares is expected to be on 22 June as per the information present on KFin Technologies which is the registrar. 

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Over 2.1 cr shares were offered and the number of bids that were received were over 1.9 billion. The retail individual investors (RIIs) subscribed around 5.3 times. Qualified Institutional Investors subscribed over 62 times. 

Meanwhile, on BSE, the issue was subscribed over 121 times. The retail individual investors subscribed around 11.64 times. Qualified Institutional Investors subscribed over 155 times. 

How to get the allotment status on BSE - KNOW HERE:  

1) Visit the BSE website: https://www.bseindia.com/investors/appli_check.aspx 

2) Now select ‘Equity’ and then from the dropdown, select issue name – “Shyam Metalics & Energy” 

3) Enter your application number and PAN card number 

4) Click on the ‘Search’ tab 

How to get the allotment status on KFIN Technologies - KNOW HERE:  

Through the website of registrar - KFIN Technologies: 

-  Visit the website: https://kcas.kfintech.com/ipostatus/ 

-  Select IPO name from the dropdown 

-  Enter application number or DP ID/Client ID or PAN 

-  In the case of application number, select application type (ASBA or NON-ASBA) and ‘Enter Application Number’. In the case of DP ID/Client ID, select Depository “NSDL or CDSL” and enter “DP ID/Client ID” 

-  Enter 'Captcha' and submit 

After submitting the Captcha, a status will only appear after allotment if the details are entered correctly. In case of non-allotment, the blocked amount will be refunded to your bank account.  

The Initial Public offer aggregating up to Rs 9,09 cr comprised of a Fresh Issue of up to Rs 657 cr and an Offer for Sale of up to Rs 252 cr (including Anchor portion of 88,21,764 equity shares). The price range for the Shyam Metalics offer was at Rs 303-306 per share while the lot size was 45 shares. 

ICICI Securities, Axis Capital, IIFL Securities, JM Financial, and SBI Capital Markets were the managers for this public issue.