Initial public offer of up to (*) equity shares of face value of Rs.10 each (equity shares) of Shyam Metalics & Energy Limited (company or issuer) for cash at a price* of Rs.(*) per equity share (including a share premium of Rs.(*) per equity share) (issue price) aggregating up to Rs. 909 Crores (issue). The issue shall constitute (*)% of the post-issue paid-up equity share capital of the company. The issue includes a reservation of up to (*) equity shares, aggregating up to Rs.9 Crores, for subscription by eligible employees (as defined herein) not exceeding 5% of the post-issue paid-up equity share capital (the employee reservation portion). The issue less the employee reservation portion is hereinafter referred to as the net issue. The issue and the net issue shall constitute (*)% and (*)%, respectively, of the post-issue paid-up equity share capital of the company.The face value of the equity shares is Rs.10 each. The price band, the retail discount, the employee discount as applicable, and the minimum bid lot will be decided by the company. A discount of up to (*)% on the issue price may be offered to retail individual bidders (retail discount) equivalent to Rs.(*) per equity share and to eligible employees bidding in the employee reservation portion (employee discount) equivalent to Rs.(*) per equity share.