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Shyam Metalics & Energy IPO Subscription Status

Shyam Metalics & Energy IPO was subscribed 122.63 times when bidding closed on 16 Jun 2021: QIB 157.29x, NII 343.38x, Retail 11.76x.

The Shyam Metalics & Energy IPO has been subscribed 122.63x times overall. Retail investors have shown interest with bids for 11.76x the shares available. The Non-Institutional Investor (NII) category has been subscribed 343.38x. Qualified Institutional Buyers (QIBs) have subscribed 157.29x. Data last updated on 10 Nov, 07:18 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 14 Jun, 2021 and closes on 16 Jun, 2021. The shares are expected to list on stock exchanges on 24 Jun, 2021.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 07:18 AM
Category Bid details Times
QIB - of - - 157.29x
NII - of - - 343.38x
Retail - of - - 11.76x
Employee - of - - 1.55x
TOTAL - - 122.63x
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Shyam Metalics & Energy IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 11
~8.5% chance per PAN — based on 11.76x subscription. Winners get exactly 1 lot (₹13,770) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 343
~0.3% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
157.29x
Proportionate allotment — at 157.29x, institutions receive ~0.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 8.5% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 157.29x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
16 Jun 2021
Day 3
122.63x ▼
QIB157.29x BHNI- SHNI- Retail11.76x Employee1.55x
15 Jun 2021
Day 2
3.43x ▼
QIB0.82x BHNI- SHNI- Retail5.57x Employee0.76x
14 Jun 2021
Day 1
1.23x ▼
QIB- BHNI- SHNI- Retail2.18x Employee0.27x

Shyam Metalics & Energy IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 14 Jun 2021
  2. Close 16 Jun 2021
  3. Allotment 21 Jun 2021
  4. Refund/credit 22 Jun 2021
  5. Listing 24 Jun 2021

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Shyam Metalics & Energy IPO?

As of IPO close date (16 Jun, 2021), the Shyam Metalics & Energy IPO is subscribed 122.63x times. Retail category is 11.76x, and NII is 343.38x subscribed.

When is the allotment date for Shyam Metalics & Energy IPO?

The allotment for Shyam Metalics & Energy IPO is expected to be finalized on 21 June, 2021.

What is the GMP of Shyam Metalics & Energy?

The Grey Market Premium (GMP) for Shyam Metalics & Energy is currently ₹130, indicating a potential listing gain of 42%.

When will Shyam Metalics & Energy IPO list on the stock market?

Shyam Metalics & Energy is scheduled to list on BSE and NSE on 24 June, 2021.

What are the chances of getting allotment in Shyam Metalics & Energy IPO?

The retail category is oversubscribed at 11.76x, meaning allotment is by lottery. Statistically, approximately 1 in 12 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 157.29x mean for Shyam Metalics & Energy IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 157.29x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Shyam Metalics & Energy IPO allotment status?

After the allotment date (21 Jun, 2021), you can check your Shyam Metalics & Energy IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
122.63x
QIB
157.29x
NII
343.38x
Retail
11.76x
Full IPO details
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