Wednesday, March 5, 2014

Loha Ispaat IPO to open on Mar 11th

Loha Ispaat Ltd is entering in the capital markets with an initial public offering, IPO of 26,705,476 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 77/- at lower level and Rs 80/- at upper level.

Loha Ispaat Ltd is one of the leading Independent Steel Service Centers in India. They are major player in the flat steel product (i.e. HR and CR Coils, Sheets and Plates) markets. Company's product portfolio offers a diversified product range which includes variety of grades, thickness, widths and standards, in HR, CR, HRPO, CRCA, Galvanized coils and plates, Chequered Coils & plates, Trapezoidal Blank etc.

The issue opens on Mar 11, 2014 and closes for subscription on Mar 20, 2014. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Visit Loha Ispaat IPO page for more detail.