S.A.L Steel Ltd IPO

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Public Issue of 42000000 equity shares of face value of Rs 10 each at a price of Rs 14 for cash aggregating Rs 58.80 crore (hereinafter referred to as the issue) by S.A.L. Steel Ltd. (the company or the issuer). Out of the above 4200000 equity shares of Rs 10 each are being reserved for the shareholders of Shah Alloys Ltd., the promoter. The Net Offer to the public i.e. 37800000 shares would constitute 44.48% of the post issue paid-up-capital of th company. The face value of the equity shares is Rs 10 and the issue price is 1.4 times of the face value.

S.A.L Steel Ltd IPO Subscription Details


S.A.L Steel Ltd

Issue Type

(Book Built Portion)

Open Date

01 Nov

Close Date

05 Nov

Offer Price


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  • 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

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Contact Details of S.A.L Steel Ltd IPO

Company Contact Information

S.A.L Steel Ltd IPO
5/1 Shreeji House 5th Floor,
Behind M J Library Ashram Road,
Ahmedabad, Gujarat 380006.

Email: sal.investor@salsteel.co.in

S.A.L Steel Ltd IPO Register

Karvy Computershare Pvt Ltd

S.A.L Steel Ltd IPO Lead Manager(s)

  • IL&FS Investsmart Ltd
  • SBI Capital Markets Ltd

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