Prakash Steelage Ltd IPO


IPO Subscription Details

  • Open Date 05 Aug
  • Close Date 10 Aug
  • Lot Size 60
  • IPO Size ₹ 68.75 Cr
  • IPO Price Range ₹ 110
  • Min Investment ₹ 6600

IPO Synopsis

Public issue of 62,50,000 equity shares of Rs. 10/- each (Equity Shares) of Prakash Steelage Limited (The Company or The Issuer) for cash at a price of Rs. 110 per equity share (including share premium of Rs. 100 per equity share), aggregating to Rs. 68.75 crores (The Issue). Upto 1,00,000 equity shares will be reserved in the issue for subscription by eligible employees (the employee reservation portion). The issue would constitute 35.71% of the post issue paid-up capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is 11 times the face value.

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Prakash Steelage Ltd IPO

Contact Information

101 1st Floor Shatrunjay Apts,
28 SindhiLane NanubhaiDesai Rd,
Mumbai, Maharashtra 400004

Prakash Steelage Ltd IPO Lead Manager

Keynote Corporate Services Ltd

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