Shyam Metalics and Energy completes Rs 1,385cr fundraise via QIP
Shyam Metalics and Energy Limited (SMEL), a leading integrated metal-producing company based in Kolkata, India, has announced the successful completion of its fundraise, amassing ₹1,385 crores through a Qualified Institutional Placement (QIP). This fundraise far exceeded expectations, with the total bid amount reaching ₹4,055 crores, representing a subscription of 3.5 times the funds received. Significant […]