Business Standard

MSP Steel & Power Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

16.00 cr

Price Range (₹)

10

Lot Size

500

Min Investment (₹)

5,000.00

Listing Exchange

MumbaiNSE

Open Date

20-Jun-2005

Close Date

24-Jun-2005

Listing Date

18-Jul-2005

MSP Steel & Power Ltd News

    The Shares of MSP Steel & Power Ltd have now been listed.

    MSP Steel & Power Ltd IPO Details

    1,60,00,000 Equity Shares of Rs. 10/- each for Cash at Par aggregating to Rs. 16 Crores of which 16,00,000 Equity Shares being 10% of the Issue Size to be compulsorily allotted to QIBS. The Project has a participation of Rs. 76.75 crores as term loan from Consortium of Banks.

    Objective of issue

    To set up an Greenfield integrated steel plant. To set up an Ancillary project to aid the Int St P. Other Utilities and General Corporate Purposes.

    MSP Steel & Power Ltd Contact Details

    MSP Steel & Power Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - investor.contact@mspsteel.com; contact@mspsteel.co

    Website - www.mspsteel.com