Tata Steel Ltd IPO


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
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