Bookbuilding IPO | ₹59 Cr | Listing at NSE, BSE | Mon, Nov 1, 2004 - Fri, Nov 5, 2004 P
S.A.L.STEEL IPO is a book build issue of ₹58.80 crores. The issue is entirely a fresh issue of 4.20 crore shares of ₹58.80 crore.
S.A.L.STEEL IPO bidding started from Nov 1, 2004 and ended on Nov 5, 2004.
S.A.L.STEEL IPO is set final issue price at ₹14 per share.
The book running lead manager (Not declared yet) and The registrar of the issue (Not declared yet).
Refer to for detailed Information.
IPO Open
Mon, Nov 1, 2004
IPO Close
Fri, Nov 5, 2004
Issue Price
₹14 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 1 to 5 Nov, 2004 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹12 to ₹14 |
| Issue Price | ₹14 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Total Issue Size | 4,20,00,000 shares (agg. up to ₹59 Cr) |
| Fresh Issue | 4,20,00,000 shares (agg. up to ₹59 Cr) |
| Share Holding Pre Issue | 4,29,66,700 shares |
| Share Holding Post Issue | 8,49,66,700 shares |
S.A.L.STEEL IPO comprises a total issue size of 4,20,00,000 shares. The net offer to the public is 3,78,00,000 shares, after excluding 42,00,000 shares under a preferential allotment. Of the Net offer 1,89,00,000 (50.00%) are allocated to QIB, 94,50,000 (25.00%) allocated to NII 94,50,000 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,89,00,000 | 50.00% | 45.00% |
| NII (HNI) Shares Offered | 94,50,000 | 25.00% | 22.50% |
| Retail Shares Offered | 94,50,000 | 25.00% | 22.50% |
| Preferential Reservations | |||
| Shareholders Shares Offered | 42,00,000 | 10.00% | |
| Total Shares Offered | 4,20,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Shareholder (SH) | Up to ₹2 Lakhs | Yes |
| Shareholder + RII/NII | Up to ₹2 Lakhs (SH) + RII/NII limits | Yes (SH/RII) |
The S.A.L.STEEL IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 18.83 | 4,20,00,000 | 79,10,28,776 | |
Lead Manager Reports
S.A.L.STEEL IPO is a main-board IPO of 4,20,00,000 equity shares of the face value of ₹10 aggregating up to ₹59 Crores. The issue is priced at ₹14 per share. The minimum order quantity is .
The IPO opens on Mon, Nov 1, 2004, and closes on Fri, Nov 5, 2004.
is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Zerodha customers can apply online in S.A.L.STEEL IPO using UPI as a payment gateway. Zerodha customers can apply in S.A.L.STEEL IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in S.A.L.STEEL IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The S.A.L.STEEL IPO opens on Mon, Nov 1, 2004 and closes on Fri, Nov 5, 2004.
S.A.L.STEEL IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in S.A.L.STEEL IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for S.A.L.STEEL IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the S.A.L.STEEL IPO allotment status.
The S.A.L.STEEL IPO listing date is not yet announced. The tentative date of listing is .
