[ad_1]
Shyam Metalics and Energy Limited (SMEL) received bids of 7,69,49,910 shares against the offered 2,10,90,890 equity shares, as per the 5:00 pm data available on the bourses.
The portion reserved for retail investors was subscribed 5.80 times. While the Qualified Institutional Buyer category was subscribed 0.81 times, the Non-Institutional Investor category was subscribed 2.60 times and the Employee Reserved category was subscribed 0.78 times.
The total size of the offer is Rs909cr at the upper price band of Rs306 per share.
The Company raised Rs269.94cr through 21 anchor investors.
ICICI Securities Limited, JM Financial Limited, Axis Capital Limited, IIFL Securities Limited and SBI Capital Markets Limited are the BRLMS to the Offer.
[ad_2]
Source link
