Electrosteel Steels Ltd IPO
Closed
IPO Details
- Open Date 21-Sep-10
- Close Date 24-Sep-10
- Lot Size 600
- IPO Size ₹ 248.07 Cr
- IPO Price Range ₹ 11
- Min Investment ₹ 6600
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Public issue of 225,516,188 equity shares of Rs. 10 each of Electrosteel Steels Limited (The Company or The Issuer) for cash at a price of Rs. 11 per equity share (including a share premium of Re. 1 per equity share) aggregating to Rs. 248.07 crores (The Issue). There will also be a Green Shoe Option of up to 33,827,428 equity shares for cash at a price of Rs. 11 per equity share not exceeding Rs. 37.21 crores (The Green Shoe Option). The issue and the Green Shoe Option, if exercised in full, will aggregate to 259,343,616 equity shares amounting to Rs. 285.28 crores. The issue will constitute 11.08% of the fully diluted post issue paid-up capital of the company assuming that the Green Shoe Option is not exercised and 12.54% of the fully diluted post issue paid-up capital of the company assuming that the Green Shoe Option is exercised in full. Issue price : Rs. 11 per equity share of face value Rs. 10 each The issue price is 1.1 times the face valueElectrosteel Steels Ltd Financial Status
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Contact Details of Electrosteel Steels Ltd IPO
Contact Information
801 Uma Shanthi Apartments,
Kanke Road,
Ranchi, Jharkhand 834008