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Shyam Metalics reduces IPO size to Rs 909 crore

TBB BUREAU KOLKATA, JUNE 6, 2021         Steel maker Shyam Metalics and Energy Ltd (SMEL) has reduced the size of its Initial Public Offer (IPO) to Rs 909crore from Rs 1,107 crore as promoters decided to offload shares worth Rs 252 crore from their own stake against Rs 452 crore as planned earlier.          The IPO will hit the capital ...

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