Tata Steel Ltd IPO

Closed

Subscription Details

  • Open Date 19 Jan
  • Close Date 21 Jan
  • Lot Size 10
  • IPO Size ₹ 3477 Cr
  • IPO Price Range ₹ 610
  • Min Investment ₹ 6100

Tata Steel Ltd IPO Timeline

Open Date
19 Jan
Close Date
21 Jan
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Further public issue of 57,000,000 equity shares of face value Rs. 10 each(equity shares) for cash at a price of Rs. 610 per equity shares of Tata Steel Limited(Tata Steel) aggregating to Rs. 3477.00 crores(The issue). The issue comprises a net issue to the public of 55,500,000 equity shares (The net issue) and a reservation of 1,500,000 equity shares for subscription by eligible employees (The Employee Reservation Portion). The issue would constitute 5.94% of the post-issue paid up equity share capital of the company and the net issue to the public would constitute 5.79% of the post-issue paid-up equity shares capital of the company. Issue Price: Rs. 610 per equity share of face value of Rs. 10 each The issue price is 61 times the face value.

How to apply for an 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

Open Demat Account