Prakash Steelage Limited IPO opens from Thursday, August 5, 2010
2010 August 1
Prakash Steelage Limited (PSL), a PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes, is coming up with an IPO of 6,250,000 Equity Shares of Rs.10 each
The objects of the Issue are to meet the expenses of the issue and listing and for:
1. Expansion of existing manufacturing facility at Umbergaon, Gujarat;
2. Meeting the additional working capital requirement;
3. General corporate purposes
Keynote Corporate Services Ltd. is the Book Running Lead Manager to the Issue, while Bigshare Services Pvt. Ltd. is the Registrar to the Issue
Prakash Steelage Limited IPO would be open for subscription between Thursday, Auguest 05, 2010 and Monday, August 09, 2010
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