Electrosteel Steels Ltd

SBI Capital Markets Ltd

Public issue of 225,516,188 equity shares of Rs. 10 each of Electrosteel Steels Limited (The Company or The Issuer) for cash at a price of Rs. 11 per equity share (including a share premium of Re. 1 per equity share) aggregating to Rs. 248.07 crores (The Issue). There will also be a Green Shoe Option of up to 33,827,428 equity shares for cash at a price of Rs. 11 per equity share not exceeding Rs. 37.21 crores (The Green Shoe Option). The issue and the Green Shoe Option, if exercised in full, will aggregate to 259,343,616 equity shares amounting to Rs. 285.28 crores. The issue will constitute 11.08% of the fully diluted post issue paid-up capital of the company assuming that the Green Shoe Option is not exercised and 12.54% of the fully diluted post issue paid-up capital of the company assuming that the Green Shoe Option is exercised in full.Issue price : Rs. 11 per equity share of face value Rs. 10 eachThe issue price is 1.1 times the face value

  • Issue

    • Opens On21 Sep 2010
    • Closes On24 Sep 2010
  • Money Payable On

    • Application11
    • Allotment0
  • Project Cost (Cr.)7529.49
  • Post Issue Equity Share Capital (Cr.)0
  • Issue Price (D)11

Further Multiples of: 600

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - Karvy Computershare Pvt Ltd

    801 Uma Shanthi Apartments Kanke Road Ranchi

    Jharkhand- 834008

    Phone - 91-0651-2285636

    Fax - 91-0651-2285636

    Email - eil.investors@electosteel.com

    Website - www.electrosteels.com

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