Shyam Metalics IPO: Grey market premium, other details in 10 points

Shyam Metalics IPO will open for subscription on 14th June 2021 and it will remain available for bidding till 16th June 2021.

1] Shyam Metalics IPO GMP: Speaking on Shyam Metalics IPO grey market premium Ravi Singhal, Vice Chairman at GCL Securities said that Shyam Metalics IPO GMP today is ₹130.

2] Speaking on Shyam Metalics IPO Avinash Gorakshkar, Head of Research at Profitmart securities said, “Timing of this IPO listing is excellent as metal stocks are rising and the next 6-8 months are expected to remain positive for the metal stocks, especially steel shares.

As single person can bid for maximum 14 lots, one can bid for maximum 630 shares of the metal company.

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