Electrosteel IPO

Electrosteel Integrated LtdElectrosteel Integrated Ltd announced its ipo open on Sep 21, 2010 and would remain open for subscription till Sep 24, 2010. “Electrosteel Integrated Limited” raise nearly Rs 248 crore -through the initial public offering issue The price band of the issue is Rs.10 (lower level) to Rs.11(higher level).

Electrosteel Integrated limited, promoted through ECL (Electrosteel Castings Ltd ) is to set up a 2.2 MTPA Integrated Steel as well as Ductile Iron Spun Pipes venture in India, Jharkhand, ECL has received mining blocks of iron ore as well as coking coal in Jharkhand and has set up Electrosteel Integrated limited for applying the integrated steel and DI pipeDuctile Iron pipe industry.

Electrosteel Castings Ltd is a company of producing Cast Iron pipes for more than 4 decades as well as D.I. Spun Pipes. Electrosteel Integrated Ltd are starting the proposed plant close to Siyaljori village of Jharkhand.

To part funding the building of Enclosed Steel as well as Ductile Iron pipe plant which has a capacity of 2.2 MTPA in Jharkhand, Common Business Purposes and Margin funds toward Bank Guarantees are the objects of the Electrosteel Integrated ipo .

Face Value; Rs.10
Tick Size;
Minimum Order Qty: 600
Market Lot: 600
Issue Type is Book Building.

IPO Grade for Electrosteel

CARE has allocated a IPO Grade 3/5 to Electrosteel IPO. This implies company ‘Average Fundamentals’

Conduct details

Address: 801, Uma Shanti Apartments, Kanke Road, Ranchi – 834 008, Jharkhand, India
Phone number; 91 651 2231636  Fax detail;. 91 651 2231636
Email address; eil.investors@electrosteel.com
Website Url; www.electrosteel.com

Book Running Lead Manager

Enam Securities Private Ltd, Edelweiss Capital Ltd and SBI Capital Markets Ltd are the Book Running Lead Manager’s for . Electrosteel ltd.

electrosteel ipo, eil ipo, bse stock, ecl ipo,  share, electrosteel integrated ltd ipo, nse,electrosteel integrated limited ipo, ipo,  ipos of electrosteel integrated ltd,

Be Sociable, Share!
Tags: , ,

Stock Market Basics For Beginners

Who determines the IPO price?

Who determines the IPO price? The regulators don't play a role in fixing the price for IPO issues. The firm determines the value or price band in discussion along with ...…

Reason For Company Issue Shares To The Public

Reason For Company Issue Shares To The Public Most firms are generally began privately through their promoter(s). However, the promoters capital and also the borrowings from financial institutions as well as banks may ...…

Four Jumbo Rules of Stock Market Investing

Four Jumbo Rules of Stock Market Investing Choose the right company I have seen most people these days are looking for long term investments in Real Estate stocks like Unitech, DLF just because ...…

Who makes the Offer Documents / Prospectus?

Who makes the Offer Documents / Prospectus? Commonly, the public issues of firms are maintained by "Merchant Bankers" who are accountable for obtaining the project estimated, finalizing the value of the projects, ...…

Difference In Between Public Issue And Private Placement

Difference In Between Public Issue And Private Placement When an issue isn't made to just a select group of people however is available to the general public as well as any other investor ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics