Initial public issue of up to (*) equity shares of face value of Rs. 10 each (the equity shares) of Shyam Steel Industries Limited (the company)for cash at a price of Rs. (*) per equity share (including a share premium of Rs.(*) per equity share) (the issue price) aggregating up to Rs. (*) Crores (the issue) consisting of a fresh issue of up to (*) equity shares aggregating up to Rs. 200 Crores by the company (fresh issue) and an offer for sale of up to 6,670,000 equity shares aggregating up to Rs. (*) Crores, comprising up to 1,160,300 equity shares aggregating up to Rs. (*) Crores byPromoter selling shareholders (as defined hereinafter) and up to 5,509,700 equity shares aggregating up to Rs. (*) Crores by other sellingshareholders ( as defined hereinafter, and together with the promoter selling shareholders, the selling shareholders) and such equityshares offered by the selling shareholders, the offered shares) (offer for sale). The issue will constitute (*) % of the post issue paid-upequity share capital of the company.The face value of equity shares is Rs. 10 each. The Price Band and the minimum bid lot will be decided by the company.