Monday, August 29, 2016

Narayani Steels BSE SME IPO to open on Sep 1st

Narayani Steels Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 3,600,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 32.

Narayani Steels Limited is one of india’s leading ISO certified company in the metal sector. Company manufactures and trades iron and steel products in India. Product range includes TMT ReBars, Mild Steel Rounds, Mild Steel Square, Mild Steel Flat Bars, and Mild Steel Angles.

The issue opens on Sep 01, 2016 and closes for subscription on Sep 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

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