Sensex
83,184.80 profit arw 236.57 (0.29%)
Nifty
25,415.80 profit arw 38.25 (0.15%)
Nasdaq
17,573.30 profit arw -54.76 (-0.31%)

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IPO Details


S.A.L Steel Ltd
Registered Office: 5/1 Shreeji House 5th Floor, Behind M J Library Ashram Road, Ahmedabad - 380006, Gujarat
Phone:
Email: sal.investor@salsteel.co.in, niraj.jain@salsteel.c
Website: www.salsteel.co.in
Public Issue of 42000000 equity shares of face value of Rs 10 each at a price of Rs 14 for cash aggregating Rs 58.80 crore (hereinafter referred to as the issue) by S.A.L. Steel Ltd. (the company or the issuer). Out of the above 4200000 equity shares of Rs 10 each are being reserved for the shareholders of Shah Alloys Ltd., the promoter. The Net Offer to the public i.e. 37800000 shares would constitute 44.48% of the post issue paid-up-capital of th company. The face value of the equity shares is Rs 10 and the issue price is 1.4 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Nov-2004 05-Nov-2004 14.00 0.00
Minimum Application for shares in Nos : 500 Further Multiples of : 500
()Cr. Lead Managers to the Issue
Project Cost 203.31 IL&FS Investsmart Ltd
Project Financed through Current Offer 58.80
Post Issue Equity Share Capital 84.97
Issue Price 14.00
Projects
To part finance setting up various type of units.
Promoted By
Rajendra V Shah
Ragini R Shah
Listing At
BSE
NSE
Registrar to the Issue
Karvy Computershare Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)