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Zenith Birla FPO is a fixed price issue .
Zenith Birla FPO bidding started from Oct 16, 2006 and ended on Oct 20, 2006. The shares got listed on BSE on Nov 20, 2006.
Zenith Birla FPO price is ₹55.00 per share .
IDBI Capital Markets Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Zenith Birla FPO RHP for detailed Information.
| IPO Date | October 16, 2006 to October 20, 2006 |
| Listing Date | November 20, 2006 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹55 per share |
| Lot Size | |
| Issue Type | Fixed Price FPO |
| Listing At | BSE |
| Share Holding Pre Issue | 1,62,54,000 shares |
| Share Holding Post Issue | 3,55,26,727 shares |
Zenith Birla FPO opens on October 16, 2006, and closes on October 20, 2006.
| IPO Open Date | Mon, Oct 16, 2006 |
| IPO Close Date | Fri, Oct 20, 2006 |
| Tentative Listing Date | Mon, Nov 20, 2006 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 20, 2006 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Zenith Birla (India) Ltd, a steel pipe manufacturer is coming up with (FPO) of 2,38,18,182 equity shares of Rs 10 each at a price of Rs 55 per share. Zenith Birla is currently listed in BSE and quoted at Rs 63.55 as of Oct 06 2006 with 52 Week High - Rs 83/-, 52 Week Low - 30/-.
Zenith Birla is in manufacturing of ERW welded steel pipes and HSS cutting tools.
The Steel Pipe Division of Zenith Birla is located at Khopoli, Maharashtra. The steel pipe plant has an installed capacity of 1,20,000 TPA. The pipes are predominantly used for plumbing, agriculture, irrigation, urban and rural drinking water distribution, structural and industrial applications. Square and rectangular hollow sections manufactured by Zenith are used to replace conventional section such as beams, angles and channels. These sections have higher load bearing capacity with better economics and have better asthetic appeal. Zenith tubular pipes have also substituted seamless pipes for certain applications.
Manufacturing facilities of Zenith Birla cutting Tool Division are at two places i.e at Nasik and Aurangabad both in Maharashtra. The cutting tool plants have aggregate capacity to manufacture 203.71 Lac No. per annum. HSS cutting tools are predominantly used in Automobile, General engineering and Capital Goods Industry.
| KPI | Values |
|---|---|
| RoNW | 6.6% |
The Company Zenith Birla FPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Mechanical Tube Projec | 88.22 |
| 2 | Preliminary & Pre-Operative Expense | 1.50 |
| 3 | Contingency | 2.21 |
| 4 | Working Capital (existing business) | 21.50 |
| 5 | Margin Money for Working Capital (mechanical tube | 5.57 |
| 6 | Public Issue Expenses | 12.00 |
| Listing Date | November 20, 2006 |
| BSE Script Code | 531845 |
| NSE Symbol | ZENITHSTL |
| ISIN | INE318D01020 |
| Final Issue Price | ₹55 per share |
| BSE Listing Group | T |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹50.00 |
| Low | ₹44.00 |
| High | ₹53.45 |
| Last Trade | ₹48.20 |
Zenith Birla (India) Ltd.
Zenith Birla (India) Limited,
1st Floor, Dalamal House, Nariman Point,
Mumbai - 400 021, India.
Mumbai, Maharashtra
Phone: +91-22-2282 1122
Email: zenith.po@zenithsteelpipes.com
Website: http://www.zenithsteelpipes.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email:
Website: https://ipo.bigshareonline.com/IPO_Status.html
Zenith Birla FPO is a main-board FPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹55 per share. The minimum order quantity is .
The FPO opens on October 16, 2006, and closes on October 20, 2006.
Bigshare Services Pvt.Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Zenith Birla FPO using UPI as a payment gateway. Zerodha customers can apply in Zenith Birla FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Zenith Birla FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Zenith Birla FPO opens on October 16, 2006 and closes on October 20, 2006.
Zenith Birla FPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Zenith Birla FPO 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 Zenith Birla FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Zenith Birla FPO allotment status.
The Zenith Birla FPO listing date is on Monday, November 20, 2006.
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