Prakash Steelage Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

05 Aug 2010

Close Date

10 Aug 2010

Allotment

16 Aug 2010

Listing Date

25 Aug 2010

Exchange

NSE & BSE

Price Band

₹110

Listing Price

See chart

Allotment Status

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Price Band

₹110

Per share

Face Value

₹10 per share

Lot Size

60 Shares

per lot

Issue Size

62,50,039 shares (aggregating up to ₹68.75 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹6,600

1 lot

Pre-IPO Holding

1,12,50,000 shares

Promoters

Post-IPO Holding

1,75,00,000 shares

Promoters

UPI Deadline

2010-08-10

Mandate

Anchor AllotmentWed, 04 Aug 2010

Basis of AllotmentMon, 16 Aug 2010

Refund InitiationTue, 17 Aug 2010

Demat CreditTue, 17 Aug 2010

Listing DayWed, 25 Aug 2010

UPI Mandate Deadline2010-08-10

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Prakash Steelage Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 10 Aug 2010.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,250,000	100%	₹68.75

IPO Shares Offered

Prakash Steelage Ltd. IPO total issue size: ₹68.75 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	6,250,000	₹68.75	100.00%

* Based on upper price band ₹110 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹110.00

Upper Band

Min Investment

₹6,600

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	120	₹13,200
Retail (Max — 30 Lots)	30	1,800	₹198,000
S-HNI (Min — 31 Lots)	31	1,860	₹204,600
B-HNI (Min — 152 Lots)	152	9,120	₹1,003,200

* Issue Price ₹110 × Lot Size 60 shares

IPO Schedule

Anchor

04 Aug 2010

✓ Done

IPO Open

05 Aug 2010

✓ Done

IPO Close

10 Aug 2010

✓ Done

Allotment

16 Aug 2010

✓ Done

Refunds

17 Aug 2010

✓ Done

Demat Credit

17 Aug 2010

✓ Done

Listing Day

25 Aug 2010

✓ Done

₹110.00

INR · BSE

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Issue ₹110.00 Live Price

About Prakash Steelage Ltd.

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.

Objects of the Issue

1 Expansion of existing manufacturing facility at Umbergaon, Gujarat.

2 Meet the additional working capital requirement.

3 General corporate purpose.

4 Meet the issue expenses and

5 List the equity shares of the company on the stock exchanges.

Prakash Steelage Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹23,238.2

31-Mar-08

₹32,247.4

31-Mar-09

₹19,191.0

30-Sep-09

Profit After Tax (PAT)

₹820.4

31-Mar-08

₹749.7

31-Mar-09

₹746.1

30-Sep-09

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
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoNW

35.03%

Issue Structure & Shareholding

Total Shares Offered62,50,000 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding1,12,50,000 shares

Post-Issue Promoter Holding1,75,00,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Keynote Financial Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Prakash Steelage Ltd. IPO subscribed? ▲

Prakash Steelage Ltd. IPO is subscribed 1.00 times by Aug 10, 2010. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Prakash Steelage Ltd. IPO retail subscription status? ▼

The Prakash Steelage Ltd. IPO retail category is subscribed 1.00 times as of 10 Aug 2010. The retail portion is oversubscribed.

How to subscribe Prakash Steelage Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 05 Aug 2010 and closes 10 Aug 2010. Min investment: ₹6,600 (1 lot = 60 shares). UPI mandate: 2010-08-10.

How many times Prakash Steelage Ltd. IPO subscribed? ▼

The Prakash Steelage Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Prakash Steelage Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Aug 2010. Refunds: on 17 Aug 2010.

When Prakash Steelage Ltd. IPO will be listed? ▼

The Prakash Steelage Ltd. IPO listing date is 25 Aug 2010, Wednesday. Listed on: NSE & BSE. Issue price: ₹110. Estimated listing: ₹110. GMP: NIL.

When Prakash Steelage Ltd. IPO close? ▼

The Prakash Steelage Ltd. IPO closes on 10 Aug 2010, Tuesday. UPI mandate: 2010-08-10. Allotment: 16 Aug 2010. Listing: 25 Aug 2010.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹110.00

Change—

Issue Price₹110.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹110

Face Value₹10

Lot Size60 Sh

Min. Amount₹6,600

GMPNIL

Est. Listing₹110

Subscribed1.00x

Open Date05 Aug 2010

Close Date10 Aug 2010

Allotment16 Aug 2010

Listing Date25 Aug 2010

ExchangeNSE & BSE

UPI Deadline2010-08-10