P S Raj Steels Ltd - Prospectus Synopsis

P S Raj Steels Ltd

Registered Office : V & P.O Talwandi Rukka , , Hissar - 125001 , Haryana , India.

Phone : +91 98127 00024  Fax :

Email :cs@psrajsteels.com    Website : www.pssrgroup.com

Initial public issue of up to 20,20,000 equity shares of face value of Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Issue Price) aggregating up to Rs. [*] crores (Issue / Offer). This issue includes a reservation of up to 1,01,000* equity shares aggregating up to Rs. [*] crores for subscription by market maker (Market Maker Reservation Portion) and a reservation of up to 20,000* equity shares (constituting up to [*]% of the post-issue paid-up equity share capital of the company) aggregating up to Rs. [*] crores for subscription by eligible employees (as defined hereinafter) (the Employee Reservation Portion). The issue less the market maker reservation portion and employee reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue shall constitute [*]% and [*]%, respectively, of the post-issue paid-up equity share capital of the company, respectively. Price Band: Rs. 132 to Rs. 140 per equity share of face value of Rs. 10 each. The Floor price and Cap price are 13.20 times and 14 times the face value of the equity shares respectively. Bids can be made for a minimum of 1000 equity shares and in multiple of 1000 equity shares thereafter.