Shares of Sona BLW Precision Forgings (Sona Comstar) and Shyam Metalics & Energy will make a debut on the exchanges on Thursday. While Sona Comstar’s ₹5,500-crore initial public offering was subscribed 2.28 times, the ₹909-crore public issue of Shyam Metalics received bids worth 121.42 times. Shyam Metalics has fixed the price at ₹306 a share, at the upper-end of the price band ₹303-306, while Blackstone-backed Sona Comstar, which came out at a price band of ₹285-291, fixed the issue price at ₹291.
Sona BLW, Shyam Metalics to list
Published on
June 23, 2021 16:22