SAIL FPO Is Planned To Start By March End Of 2011

SAIL FPO Is Planned To Start By March End Of 2011Decision on merchant-bankers for that upcoming FPO offer of SAIL (Steel Authority of India ) will be obtained early next week, The FPO is planned to start by March end of 2011. The Cabinet Committee on Economic Affairs has accepted 10per cent additional public offer through SAIL as well as 10percent of offer for sale through Govt of India in 2 discrete tranches.

The 1st will include new issue of 5percent pre issue paid-up equity of the firm and gives for sale of 5percent equity through govt. The 2nd will also be consist of 5percent of FPO as well as 5percent of offer for sale.

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Primary Markets?

Primary Markets? The market in which investors have the initial opportunity to buy a newly issued security ( IPO ). Companies and other groups obtain financing through ...…

No Risk Mutual Fund

No Risk Mutual Fund Plenty of monetary advice written on the web thinks that the viewer is actually very logical, the stock market is very rational, and almost everything ...…

How can 5000 SIP can make you a Crorepati

How can 5000 SIP can make you a Crorepati Dear Readers, If I take a survey of 100 people today. 100 out of 100 would have a dream of  becoming a Crorepati. Yes, you can ...…

Invest Regularly

Invest Regularly Invest Regularly : Improve the practice of adding to your recurring deposit and SIP (systematic investment plan of mutual fund) / deferred annuity ...…

Invest For Long Time Period And Never Short Time Period

Invest For Long Time Period And Never Short Time Period Invest for Long Time period and never Short Time period : When you determine that your cash can work for you above a long ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics