Analysis and Insights into the world of IPOs and investing in India

Sunday, September 12, 2010

SAIL FPO may hit the streets in January 2011

The Follow-on Public Offer (FPO) of Steel Authority of India (SAIL) is likely in January 2011. SAIL is India's largest steel producing company. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country. SAIL is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets,

SAIL manufactures and sells a broad range of steel products, including hot and cold rolled sheets and coils, galvanised sheets, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel and other alloy steels, according to information available on Company's website

Stay tuned for more on SAIL FPO!
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