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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
S.A.L Steel Ltd
Registered Office: 5/1 Shreeji House 5th Floor, Behind M J Library Ashram Road, Ahmedabad - 380006, Gujarat
Phone: 1
Email: 1
Website: 1
Public Issue of 42000000 equity shares of face value of Rs 10 each at a price of Rs 14 for cash aggregating Rs 58.80 crore (hereinafter referred to as the issue) by S.A.L. Steel Ltd. ("the company" or "the issuer"). Out of the above 4200000 equity shares of Rs 10 each are being reserved for the shareholders of Shah Alloys Ltd., the promoter. The Net Offer to the public i.e. 37800000 shares would constitute 44.48% of the post issue paid-up-capital of th company. The face value of the equity shares is Rs 10 and the issue price is 1.4 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Nov-2004 05-Nov-2004 14.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 203.31
Project Financed through Current Offer 58.80
Post Issue Equity Share Capital 84.97
Issue Price 14.00
Projects
To part finance setting up various type of units.
Promoted By
Rajendra V Shah
Ragini R Shah
BSE
NSE
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.