Prakash Steelage IPO Price Band - Indian IPO Blog

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Wednesday, August 4, 2010

Prakash Steelage IPO Price Band

Prakash Steelage IPO Price Band is fixed at Rs.100/- to Rs.110/- per equity share. The IPO would remain open for subscription between August 05, 2010 and August 09, 2010

Prakash Steelage Limited (PSL), a PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes, is coming up with an IPO of 6,250,000 Equity Shares of Rs.10 each

The objects of the Issue are to meet the expenses of the issue and listing and for:
1. Expansion of existing manufacturing facility at Umbergaon, Gujarat;
2. Meeting the additional working capital requirement;
3. General corporate purposes

Stay tuned for more on Prakash Steelage IPO!

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