Zenith Steel Pipes & Industries Ltd IPO
Subscription Details
- Open Date 16 Oct
- Close Date 20 Oct
- Lot Size 100
- IPO Size ₹ 131 Cr
- IPO Price Range ₹ 55
- Min Investment ₹ 5500
IPO Synopsis
Public issue of 2,38,18,182 equity shares of face value Rs.10/- each of Zenith Birla (India) limited (hereinafter Referred to as the company or issuer) at a premium of Rs.45/- per share (i.e.at a price of Rs.55/- per Share) for cash aggregating to Rs. 131.00 Crores (hereinafter referred to as the issue) comprising of promoters contribution of 45,45,455 equity shares of face value of Rs.10/- each at a price of Rs.55/- for Cash aggregating to Rs.25.00 Crores (hereinafter referred to as the promoters contribution) Including 19,27,272 equity shares are reserved for employees and directors 19,27,272 equity shares are reserved for existing shareholders; 19,27,272 equity shares are reserved for shareholders of group companies; 19,27,273 equity shares are reserved for NRIs and FIIs and 19,27,273 equity shares are reserved for Banks/mutual funds/indian financial institutions. The net offer to the public is of 96,36,365 equity shares of Rs.10/- each at a price of Rs.55/- for cash aggregating to Rs.53.00 Crores hereinafter referred to as the net issue). The issue would constitute 59% of post issue paid up capital of our company. The issue price of Rs.55 is 5.5 times of the face valueZenith Steel Pipes & Industries Ltd Financial Status
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 account in 5 minutes
Be a part of the 5paisa community now with 10 million mobile app users
Please keep below documents handy:
- PAN Card
- Aadhar Card
- Bank Account Number
Contact Details of Zenith Steel Pipes & Industries Ltd IPO
Contact Information
Address
5th Floor Industry House,
159 Churchgate Reclamation,
Mumbai, Maharashtra 400020