Business Standard

Shyam Steel Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Shyam Steel Industries Ltd News

    Shyam Steel Industries Ltd IPO Details

    Initial public issue of up to (*) equity shares of face value of Rs. 10 each (the equity shares) of Shyam Steel Industries Limited (the company)for cash at a price of Rs. (*) per equity share (including a share premium of Rs.(*) per equity share) (the issue price) aggregating up to Rs. (*) Crores (the issue) consisting of a fresh issue of up to (*) equity shares aggregating up to Rs. 200 Crores by the company (fresh issue) and an offer for sale of up to 6,670,000 equity shares aggregating up to Rs. (*) Crores, comprising up to 1,160,300 equity shares aggregating up to Rs. (*) Crores byPromoter selling shareholders (as defined hereinafter) and up to 5,509,700 equity shares aggregating up to Rs. (*) Crores by other sellingshareholders ( as defined hereinafter, and together with the promoter selling shareholders, the selling shareholders) and such equityshares offered by the selling shareholders, the offered shares) (offer for sale). The issue will constitute (*) % of the post issue paid-upequity share capital of the company.The face value of equity shares is Rs. 10 each. The Price Band and the minimum bid lot will be decided by the company.

    Objective of issue

    Repayment/Prepayment of certain Borrowings of the company and SSML. General Corporate Purposes.

    Shyam Steel Industries Ltd Contact Details

    Shyam Steel Industries Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - investor@shyamsteel.com

    Website - www.shyamsteel.com