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

Company Fixed Deposits

Company Fixed Deposits Company Fixed Deposits are shortterm (6 months) to mediumterm (3 to 5 yrs) borrowing by firms at a fixed interest rate that is payable monthly, ...…

IPO Prospectus?

IPO Prospectus? A lot of new firms move public issues. Although a lot of these firms are genuine, quite a few may wish to exploit the investors. ...…

The emerging countries(markets)

The emerging countries(markets) The emerging markets (nations) have seen fundamental and structural modifications in their economies and financial markets in the research time period, approximately 1993-2005. Table one ...…

When I Sell A Share?

When I Sell A Share? Most people ask a question when they should sell the share for taking their gains. When you want the cash? which level is a best ...…

Public Provident Fund

Public Provident Fund Public Provident Fund: long-term savings device which has a maturity period of 15 yrs and interest payable at 8 percent per year compounded yearly. A ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics