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Wednesday, January 12, 2011

Tata Steel FPO likely to hit the markets soon

Tata Steel FPO is planning to come up with an FPO of Equity Shares, which is expected to hit the streets very soon. The price band for the share sale and the minimum bid lot for the issue will be decided by the company in consultation with the book running lead managers (BRLMs)

Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited is the largest private sector steel company in India in terms of domestic production. Tata Steel is part of Tata Group of companies. Tata Steel is also India's second-largest and second-most profitable company in private sector. The company is listed on Bombay Stock Exchange and National Stock Exchange of India

Tata Steel products and services include hot and cold rolled coils and sheets, tubes, construction bars, forging quality steel, rods, structurals, strips and bearings, steel plant and material handling equipment, ferro alloys and other minerals, software for process controls, and cargo handling services

Check back Indian IPO Blog for the latest updates on Tata Steel FPO!
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