Steel Infra Solutions Company Ltd - IPO

Steel Infra Solutions Company Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 10/- each (Equity Shares) of Steel Infra Solutions Company Limited (the Company or the Company) for cash at a price of Rs.[*] per equity share (including a share Premium of Rs.[*] per Equity Share) (Offer Price) aggregating to Rs.[*] crores (the Offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs.96.00 crores by the company (Fresh Issue) and an offer for sale of up to 5,348,524 equity shares of face value of Rs. 10/- each aggregating up to Rs.[*] crores by the promoter selling shareholders (As Defined Hereinafter), up to 4,755,793 equity shares of face value of Rs. each aggregating to Rs.[*]crores by Investor selling shareholders (As Defined Hereinafter), up to 3,144,259 equity shares of face value of Rs. 10/- each aggregating to Rs.[*]crores by thepromoter group selling shareholders (As Defined Hereinafter), and up to 991,897 equity shares of face value of Rs. 10/- each aggregating to Rs.[*] crores by the other selling shareholders (Collectively, the Selling Shareholders and such equity shares the Offered Shares, the Offer for Sale). The company, in consultation with the brlm, may consider a pre-ipo placement, prior to filing of the pre-ipo placement, ifundertaken, will be at a price to be decided by the company, in consultation with the brlm. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the sizeof the fresh issue. the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).The offer price is [*] times the face value of the equity shares.The price band and the minimum bid lot, if any will be decided by the company.

Objective of issue

Funding capital expenditure requirements for Back-Side Expansion of manufacturing. Funding capital expenditure requirements for Bay 4 Expansion of our manufacturing unit. Funding capital expenditure requirements for our manufacturing units located in. Funding working capital requirements of our Company. General corporate purposes.

Steel Infra Solutions Company Ltd Contact Details

Steel Infra Solutions Company Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investor.relations@siscol.in

Website - www.siscol.co.in