IPO Details

Zenith Steel Pipes & Industries Ltd
Registered Office: 5th Floor Industry House, 159 Churchgate Reclamation, Mumbai - 400020, Maharashtra
Phone: 91-022-66168400
Email: share@zenithsteelpipes.com
Website: www.zenithsteelpipes.com
Public issue of 2,38,18,182 equity shares of face value Rs.10/- each of Zenith Birla (India) limited (hereinafter Referred to as the "company" or "issuer") at a premium of Rs.45/- per share (i.e.at a price of Rs.55/- per Share) for cash aggregating to Rs. 131.00 Crores (hereinafter referred to as the "issue") comprising of promoters contribution of 45,45,455 equity shares of face value of Rs.10/- each at a price of Rs.55/- for Cash aggregating to Rs.25.00 Crores (hereinafter referred to as the "promoters' contribution") Including 19,27,272 equity shares are reserved for employees and directors 19,27,272 equity shares are reserved for existing shareholders; 19,27,272 equity shares are reserved for shareholders of group companies; 19,27,273 equity shares are reserved for NRIs and FIIs and 19,27,273 equity shares are reserved for Banks/mutual funds/indian financial institutions. The net offer to the public is of 96,36,365 equity shares of Rs.10/- each at a price of Rs.55/- for cash aggregating to Rs.53.00 Crores hereinafter referred to as the "net issue"). The issue would constitute 59% of post issue paid up capital of our company. The issue price of Rs.55 is 5.5 times of the face value

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
16-Oct-2006	20-Oct-2006	₹ 55.00	₹ 0.00

Projects
Setting-up Addl.Fac. for Manu. of Mechanical Tubes
Working Capital(Existing Business)
Margin Money for Working Capital(Mechanical Tube)

Promoted By
Yash Birla

Listing At
BSE

Registrar to the Issue