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Tata Steel Public Issue Opens Today


Tata Steel Ltd has opened its public issue today. The issue is done through the book building route.The closing date is 21/01/2011, Friday.

Tata Steel Public Issue from today



Tata steel Public Issue is open from today. This issue is aimed at augmenting the production capacity of the Jamshedpur Plant. A part of the proceeds from this issue will be also used for bringing down the debt of the company. Tata Steel's closing price on NSE today is: Rs. 640.30.

Details:


Price band: Rs. 594 – 610
Total Issue Size: 57,000,000
Retail Individual Investors (RIIs): 19,425,000
Market Lot: 10 shares
IPO Market Timings: 10 AM – 5 PM
Start Date: 19/01/2011
Closing Date: 21/01/2011


For further details, vist www.nseindia.com


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