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Rashtriya Ispat Nigam Limited Ipo Review |
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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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