Issue Price
₹110
Per Share
GMP
NIL
Grey Market
Est. Listing
₹110
Expected Price
Min. Application
₹13,200
2 lots × 60 shares
Incorporated in 1991, Prakash Steelage Limited (PSL) is an ISO 9001: 2008 and PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes. Company carry their production through two state-of- the-art production units situated at Silvasa and Umbergaon (Gujarat) with total installed production capacity of 12200 MTPA.PSL is also a “Govt. Recognized Star Export House” exporting to several MNC’s into more than 40 countries across the Globe. To meet the increasing demand, they propose a backward integration cum expansion of manufacturing facilities at their existing unit in Umbergaon, Gujrat.
Prakash Steelage Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 6,250,000 | 100.00% | ₹68.75 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹6,600 |
| Retail (Max) | 2 | 120 | ₹13,200 |
| sNII (Min) | 31 | 1,860 | ₹204,600 |
| bNII (Min) | 152 | 9,120 | ₹1,003,200 |
| Particulars | 30-Sep-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue from Operations | 19191.02 | 32247.36 | 23238.20 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 746.10 | 749.71 | 820.38 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |