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Old November 28th, 2015, 01:47 PM
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Default Rashtriya Ispat Nigam Limited Ipo Review

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  #2  
Old February 17th, 2018, 09:34 AM
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Default Re: rashtriya ispat nigam limited ipo review

Hello sir, is there any one can provide me here review for IPO offer of Rashtriya Ispat Nigam Limited? What is review for Rashtriya Ispat Nigam Limited IPO?
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Old February 17th, 2018, 09:35 AM
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Default Re: rashtriya ispat nigam limited ipo review

The Rashtriya Ispat Nigam Limited was incorporated in 1982. The Rashtriya Ispat Nigam Limited is India based Steel manufacturer.

The Rashtriya Ispat Nigam Limited is a PSU under the Ministry of Steel.

RINL produces over 3.5 million tons of steel per year through its plant located at Visakhapatnam, Andhra Pradesh.

RINL is a debt free company with annual turnover of Rs 14,457 Crore in 2011-12. Company has target of Rs 15,000 Cr turnover for 2012-13 financial year.


Detail about the Rashtriya Ispat Nigam Limited IPO
sebi.gov.in/sebi_data/attachdocs/1337338940901.pdf

IPO issue:
Issue Open:
Issue Type: Book Built Issue IPO
Issue Size: 488,984,620 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
Face Value: Rs 10 Per Equity Share
Issue Price: Rs - Rs Per Equity Share

Rashtriya Ispat Nigam (RINL) was postponed for the 3rd time. The PSU IPO was planned to open on Oct 15th to sell 10% government of India stakes in the company

Rashtriya Ispat Nigam Ltd Offer Details:

Issue Open Date
15-10-2012

Issue Close Date
18-10-2012

Listing Date
N/A

Face Value (Rs)
10

Offer Price/Range (Rs)
10

Issued at (Value)
Premium (0.00)

Issue Size (Retail)
0.00Shares@10.00/share

Issue Type
Offer For Sale(Book Building)

Contact to:

Rashtriya Ispat Nigam Ltd
Administrative Building,
Visakhapatnam Steel Plant,
Visakhapatnam, Andhra Pradesh.
Phone: 91 891 275 9482
Fax: 91 891 251 8249
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