| ESL Steel Ltd |
|---|
| Registered Office: 801 Uma Shanthi Apartments, Kanke Road, Ranchi - 834008, Jharkhand |
| Phone: 91-0651-2285636 |
| Email: eil.investors@electosteel.com |
| Website: www.eslsteel.com |
| Public issue of 225,516,188 equity shares of Rs. 10 each of Electrosteel Steels Limited (The "Company" or The "Issuer") for cash at a price of Rs. 11 per equity share (including a share premium of Re. 1 per equity share) aggregating to Rs. 248.07 crores (The "Issue"). There will also be a Green Shoe Option of up to 33,827,428 equity shares for cash at a price of Rs. 11 per equity share not exceeding Rs. 37.21 crores (The "Green Shoe Option"). The issue and the Green Shoe Option, if exercised in full, will aggregate to 259,343,616 equity shares amounting to Rs. 285.28 crores. The issue will constitute 11.08% of the fully diluted post issue paid-up capital of the company assuming that the Green Shoe Option is not exercised and 12.54% of the fully diluted post issue paid-up capital of the company assuming that the Green Shoe Option is exercised in full. Issue price : Rs. 11 per equity share of face value Rs. 10 each The issue price is 1.1 times the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 21-Sep-2010 | 24-Sep-2010 | ₹ 11.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 600.0 Further Multiples of : 600.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 7,529.49 | Edelweiss Capital Ltd |
| Project Financed through Current Offer | 248.07 | |
| Post Issue Equity Share Capital | 0.00 | |
| Issue Price | ₹11.00 | |
| Projects |
|---|
| To part finance the const. of Integ. Steel Plant |
| Margin money towards bank guarantees |
| General corporate purposes |
| Promoted By |
|---|
| Electrosteel Castings Ltd |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar to the Issue |
|---|
