IPO

Rashtriya Ispat Nigam Ltd IPO

Invest IPO

Don’t have an account? Signup Now!

Public offer of 488,984,620 equity shares of face value of Rs. 10 each (Equity Shares) of Rashtriya Ispat Nigam Limited (RINL or The Company) through an offer for sale by The President of India, acting through the Ministry of Steel, Government of India (The Selling Shareholder) for cash at a price of Rs. [*]~ per equity share aggregating up to Rs. [*] crores (The Offer). The offer comprises a net offer to public of 440,086,158 equity shares (The Net Offer) and A reservation of 48,898,462 equity shares for subscription by eligible employees (The Employees Reservation Portion). The offer shall constitute 10% of the post offer paid-up equity share capital of the company and the net offer shall constitute 9% of the post offer paid-up equity share capital of the company. ~A discount up to 5% (equivalent to RS. [*]) on the offer price is being offered to Retail Bidders (Retail Discount) and to Eligible Employees (the Employee Discount). Eligible Employees and Retail Bidders should note that the benefit of the Retail Discount can be availed at the time of submitting the bid.

Rashtriya Ispat Nigam Ltd IPO Subscription Details

Company

Rashtriya Ispat Nigam Ltd

Issue Type

(Book Built Portion)

Open Date

15 Oct 2012

Close Date

18 Oct 2012

Offer Price

0.00

Looking for More IPOs?

Don’t have an account? Signup Now!

How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Rashtriya Ispat Nigam Ltd IPO Frequently Asked Questions

Read more IPO FAQs

Contact Details of Rashtriya Ispat Nigam Ltd IPO

Company Contact Information

Rashtriya Ispat Nigam Ltd IPO
Administrative Building,
Visakhapatnam Steel Plant,
Visakhapatnam, Andhra Pradesh 530031.

Phone: 91-0891-2518015/2518249
Email: jagadeeshm@vizagsteel.com

Rashtriya Ispat Nigam Ltd IPO Register

Rashtriya Ispat Nigam Ltd IPO Lead Manager(s)

    Open FREE Demat Account Today & Invest in IPOs at 0% Brokerage & Flat Fee per order.

    What More?

    • No DP Charges*
    • Zero AMC*
    • Account Opening in 5 mins
    • All-in-one account for various investments

    Don’t have an account? Signup Now!