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Open
19 Jan 2011
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Close
21 Jan 2011
3
Allotment
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Listing
Wed, Feb 2, 2011
Price Band
₹594 to ₹610
Issue Size
5,70,00,000 shares (agg. up to ₹3,477 Cr)
Lot Size
10 Shares
Listing Date
Wed, Feb 2, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.31x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part finance the Company’s share of capital expenditure for expansion of existing works at Jamshedpur. | 1,875.00 |
| 2 | Payment of redemption amounts on maturity of certain redeemable non-convertible debentures issued by the Company on a private placement basis. | 1,090.00 |
| 3 | General corporate purposes. | 390.30 |
About Tata Steel FPO
Incorporated in 1907, Tata Steel Ltd is India’s largest steel companies with a steel production capacity of approximately 27.2 mtpa. The Company has a presence across the entire value chain of steel manufacturing, including producing and distributing finished products as well as mining and processing iron ore and coal for its steel production. According to WSA, the company was the seventh largest steel company in the world in terms of crude steel production volume in 2009. Tata Steel's operations are primarily focused in India, Europe and other countries in Asia Pacific. In Financial Year 2010, the Company’s operations in Europe and India represented 62.9% and 28.8%, respectively, of its total steel production.Tata Steel Ltd offers a broad range of steel products including a portfolio of high value-added downstream products such as hot rolled coils, sections, plates and wires. Tata Steel is also a large producer of ferro chrome in India. The Company’s customers primarily comprise the construction, automotive, aerospace, consumer goods and material handling and general engineering industries.+ Read More
Contact Details
Tata Steel Ltd. AddressBombay House24 Homi Mody StreetFortMumbai, Maharashtra, 40000191-22-66658282cosec@tatasteel.comVisit Website