Issue Detail:
»» Issue Open: Aug 05, 2010 - Aug 09, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 6,250,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 62.50 - 68.75 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 100 - Rs. 110 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE
Number of Times Issue is Subscribed (BSE + NSE) As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors Retail Individual Investors (RIIs) Employee Reservations Total Shares Offered / Reserved 3,075,000 922,500 2,152,500 100,000 6,250,000 Day 1 - Aug 05, 2010 17:00 IST 0.1000 3.9200 1.0200 0.1400 0.9800 Day 2 - Aug 06, 2010 17:00 IST 0.5100 3.9600 1.1100 0.8900 1.2300 Day 3 - Aug 09, 2010 17:00 IST 1.2700 4.2600 1.4500 1.0100 1.7700 Day 4 - Aug 10, 2010 17:00 IST 1.2700 10.9100 6.6200 1.0200 4.5300
Incorporated in 1991, Prakash Steelage Limited (PSL) is an ISO 9001: 2008 and PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes. Company carry their production through two state-of- the-art production units situated at Silvasa and Umbergaon (Gujarat) with total installed production capacity of 12200 MTPA.
PSL is also a “Govt. Recognized Star Export House” exporting to several MNC’s into more than 40 countries across the Globe. To meet the increasing demand, they propose a backward integration cum expansion of manufacturing facilities at their existing unit in Umbergaon, Gujrat.
Company Promoters:
The Promoter's of the company are:
1. Mr. Prakash C. Kanugo, (56 years) is the Promoter, Chairman & Managing Director of the Company.
2. Mr. Ashok M. Seth, (36 years) is the Promoter Director of the Company.
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