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SBI, Kotak Mahindra Bank, Vedanta in the spotlight
The board of mining major Vedanta has approved the first interim dividend of Rs 18.50 per equity share for the financial year 2021-22.
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Shyam Metalics and Energy shares list at 24% premium
The stock traded at Rs 380 apiece in opening deals on the National Stock Exchange, compared to the issue price of Rs 306, marking a premium of 24%
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Here’s how you can check allotment status for Shyam Metalics IPO
The IPO registrar’s website now shows that the shares will be allotted tomorrow i.e. June 22, 2021
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Shyam Metalics and Energy IPO subscribed 121.40 times
Shyam Metalics and Energy received bids for 256.05 crore shares as against 2.10 crore shares on offer, according to exchange filing
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Shyam Metalics IPO subscribed 3.65 times on Day 2
The issue received bids for 7.69 crore shares as against 2.10 crore shares on offer
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Shyam Metalics IPO subscribed 1.23 times on Day 1
The issue received bids for 2.59 crore shares as against 2.10 crore shares on offer
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Shyam Metalics IPO opens on Monday; should you subscribe?
In the grey market, Shyam Metalics & Energy shares were trading at Rs 451 implying a premium of Rs 145 or 47% over the IPO price on Friday
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Shyam Metalics and Energy IPO to open on June 14; key things to know before subscribing
The company proposes to utilise the net proceeds from the fresh issue towards repayment or prepayment of up to Rs 470 crore of its debt
