Visa Steel Ltd IPO

Closed

Subscription Details

  • Open Date 23 Feb
  • Close Date 27 Feb
  • Lot Size 100
  • IPO Size ₹ 199.5 Cr
  • IPO Price Range ₹ 57
  • Min Investment ₹ 5700

Visa Steel Ltd IPO Timeline

Open Date
23 Feb
Close Date
27 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 35,000,000 equity shares of Rs. 10 each at a price of Rs. 57 per equity share for cash aggregating Rs.199.5 crores (hereinafter referred to as the Issue), comprising of promoters contribution of 5,000,000 equity shares of Rs. 10 each at a price of Rs.57 for cash aggregating to Rs.28.5 crores (referred to as the Promoters Contribution). The issue less the promoters contribution shall be hereinafter referred to as The Net Issue to Public. The Net issue to public will constitute 27.27 % of the post issue paid-up capital of The company. The issue price is 5.7 times of 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

Contact Details of Visa Steel Ltd IPO

Contact Information

Address

Visa House 11 Ekamra Kannan,
Nayapalli,
Bhubaneswar, Orissa 751015

Open Demat Account