Steel Authority Of India FPO

Steel Authority Of India FPOSAIL (Steel Authority of India) as well as ICVL reveals that they’ll decide on the Riversdale bid in 2 weeks. We have selected Citigroup for guidance on Riversdale bid, CS Verma informs,

Commenting on the FPO of SAIL, Verma tells, it’ll occur by early Feb . 2011. ” It is premature to speak about price of the follow-on public offer ,” he adds.

Regarding the latest JSWSteel – Ispat deal, Verma says, the firm wasn’t interested to obtain stake in Ispat Industries.

Based on Verma steel costs are slated to increase on surging raw material prices. Nevertheless, he adds that the high will be based on market conditions.

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SAIL Allotment, SAIL Ltd FPO Subscription, SAIL Subscription, SAIL listing date, SAIL Ltd IPO, SAIL FPO,SAIL FPO Bidding, SAIL FPO Allotment Status, SAIL FPO drhp

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