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Saturday, January 15, 2011

Tata Steel FPO (TISCO FPO) to open from Wednesday, January 19, 2011

Tata Steel Ltd., India’s largest steel company, is coming up with a Follow-on Public Offer (FPO) of Equity Shares having a Face Value of Rs.10/- each, which would be opening for subscription from Wednesday, January 19, 2011

The Follow-on Public Offer, which would comprise of 57,000,000 Equity Shares of Rs.10/- each would remain open for subscription for 3 days upto Friday, January 21, 2011.

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

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
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