Tata steel IPO synopsis

Tata Steel Ltd Registered Office: Bombay House,24 Homi Mody Street Fort , Mumbai - 400001 , Maharashtra , India. Phone : 91-22-66658282 Fax:91-22-66657724/66657725/66658113 Email : cosec@tatasteel.com Website : www.tatasteel.com Further public issue of 57,000,000 equity shares of face value Rs. 10 each("equity shares") for cash at a price of Rs. [*] per equity shares of Tata Steel Limited("Tata Steel") aggregating to Rs. [*] crores(The "issue"). The issue comprises a net issue to the public of 55,500,000 equity shares ("The net issue") and a reservation of 1,500,000 equity shares for subscription by eligible employees (The "Employee Reservation Portion"). The issue would constitute 5.94% of the post-issue paid up equity share capital of the company and the net issue to the public would constitute 5.79% of the post-issue paid-up equity shares capital of the company. Price Band: Rs. 594 to Rs. 610 per equity share of face value of Rs. 10 each The floor price is 59.4 times the face value and the cap price is 61 times the face value. Issue Money Payable On Opens On Closes On Application Allotment 19-Jan-11 21-Jan-11 Rs 594.00-610.00 Rs 0.00-0.00 Minimum Application for shares in Nos : 10 Further Multiples of : 10 Rs Cr Lead Managers to the Issue Project Cost 0.00 Citigroup Global Markets India Pvt Ltd Deutsche Equities India Pvt Ltd HSBC Securitis and Capital Markets India Pvt Ltd Kotak Mahindra Capital Company Ltd RBS Equities India Ltd SBI Capital Markets Ltd Standard Chartered Securities India Ltd Project Financed through Current Offer 3385.80 Post Issue Equity Share Capital 959.21 Issue Price Rs.594.00 Projects Part finance the company's share of capital exp. Payment of redemption amounts on maturity of RNCD General corporate purposes Promoted By Tata Sons Ltd Listing At BSE NSE Registrar to the Issue Link Intime India Pvt Ltd