Steel Authority of India Plans FPO By March

sailSAIL ( Steel Authority of India ) on Thursday mentioned it will try to introduce the Rs 8,000-cr follow-on public offer (FPO) just before the financial-end though submitting of prospectus within Feb . appears to be a challenging proposition.

“We will undoubtedly endeavor to start the FPO before the conclusion of the present financial. Submitting the red herring prospectus, nevertheless, within February appears to be a tall target,” Steel Authority of India Chairman, Mr C S Verma, informed PTI.

“We will endeavor it based upon the market situation. We have to observe which are some other issues that are reaching the market. We will need to make review of the market conditions,” Mr Verma said.

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Important Share Trading Techniques

Important Share Trading Techniques Share market is one of the buying and selling areas where one can obtain a enormous profit. There are tons of people who earn enormous ...…

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 ...…

Meaning For Abridged Prospectus

Meaning For Abridged Prospectus 'Abridged Prospectus' is usually a shorter model of the-Prospectus and possesses all the significant features of a Prospectus. That accompanies the application-form of public issues - [ad ...…

What IS a Share?

What IS a Share? [ad name="468x15- 5 link"] share is a unit of account for various financial instruments including mutual funds, stocks, limited partnerships, and REIT's. In simple Words, stock ...…

Preference Shares

Preference Shares Dividend that is first paid to preference shareholders before any dividends are paid to common stock holders, This shares represent partial ownership in a company ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics