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Tata Steel Ltd FPO (Tata Steel FPO) Detail

Jan 19, 2011 - Jan 21, 2011

Incorporated in 1907, Tata Steel Ltd is India’s largest steel companies with a steel production capacity of approximately 27.2 mtpa. The Company has a presence across the entire value chain of steel manufacturing, including producing and distributing finished products as well as mining and processing iron ore and coal for its steel production. According to WSA, the company was the seventh largest steel company in the world in terms of crude steel production volume in 2009. Tata Steel's operations are primarily focused in India, Europe and other countries in Asia Pacific. In Financial Year 2010, the Company’s operations in Europe and India represented 62.9% and 28.8%, respectively, of its total steel production.

Tata Steel Ltd offers a broad range of steel products including a portfolio of high value-added downstream products such as hot rolled coils, sections, plates and wires. Tata Steel is also a large producer of ferro chrome in India. The Company’s customers primarily comprise the construction, automotive, aerospace, consumer goods and material handling and general engineering industries.

Company Promoters:

The promoter of the Company is Tata Sons Limited.

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
30-Sep-1031-Mar-1031-Mar-0931-Mar-0831-Mar-0731-Mar-06
Total Income567,136.11,035,789.71,475,949.31,320,094.9254,317.4204,583.9
Profit After Tax (PAT)37,584.2(21,208.4)48,492.4123,217.641,656.137,210.7

Objects of the Issue:

The objects of the Issue are to:

1. Part finance the Company’s share of capital expenditure for expansion of existing works at Jamshedpur;
2. Payment of redemption amounts on maturity of certain redeemable non-convertible debentures issued by the Company on a private placement basis; and
3. General corporate purposes.

Tata Steel FPO Details

Issue OpenJan 19, 2011 - Jan 21, 2011
Issue TypeBook Built Issue FPO
Issue Size57,000,000 Eq Shares of ₹10
(aggregating up to ₹3,477.00 Cr)
Face Value₹10 Per Equity Share
Issue Price₹594 - ₹610 Per Equity Share
Market Lot10 Shares
Min Order Quantity10 Shares
Listing AtBSE, NSE

Tata Steel FPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum110₹6,100
Maximum32320₹195,200

Tata Steel Ltd FPO Tags:

Tata Steel Ltd FPO, Tata Steel FPO, Tata Steel FPO Bidding, Tata Steel FPO Allotment Status, Tata Steel FPO drhp and Tata Steel FPO listing.

Tata Steel FPO Subscription Status (Bidding Detail)

Tata Steel FPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Total

Shares Offered

19,425,000

8,325,000

19,425,000

1,500,000

48,675,000

Jan 21, 2011 17:00

10.41x

7.21x

1.60x

0.06x

6.03x

Tata Steel FPO Prospectus

Tata Steel FPO Rating

467
3.8
Rating:Rated 3.8 stars

Vote Here ...

Tata Steel FPO Listing Date

Listing DateWednesday, February 2, 2011
BSE Script Code500470
NSE SymbolTATASTEEL
Listing In
ISININE081A01012
Issue Price₹610 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
₹610.00
₹630.15
₹615.65
₹633.85
₹625.70
3,973,924
NSE
₹610.00
₹631.10
₹615.80
₹634.95
₹626.25
15,400,454

Tata Steel FPO Reviews / Ratings

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Company Contact Information

Tata Steel Ltd
Bombay House,
24 Homi Mody Street,
Fort, Mumbai - 400001, Maharashtra

Phone: 91-22-66658282
Email: cosec@tatasteel.com
Website: http://www.tatasteel.com

Tata Steel FPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: tsl.fpo@linkintime.co.in
Website: http://www.linkintime.co.in

Tata Steel FPO FAQs

  1. 1. What is Tata Steel FPO?

    Tata Steel FPO is an main-board initial public offering of 57,000,000 equity shares of the face value of ₹10 aggregating up to ₹3,477.00 Crores.

    The issue price of the IPO is ₹594 - ₹610 Per Equity Share. The minimum order quantity is 10 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Jan 19, 2011 and closes on Jan 21, 2011.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When Tata Steel FPO will open?

    The Tata Steel FPO opens on Jan 19, 2011 and closes on Jan 21, 2011.

  3. 3. How to apply for Tata Steel FPO?

    Tata Steel FPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Tata Steel FPO allotment?

    The finalization of Basis of Allotment for Tata Steel FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tata Steel FPO allotment status.

  5. 5. When is Tata Steel FPO listing date?

    The Tata Steel FPO listing date is on Wednesday, February 2, 2011, at BSE, NSE.

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Tata Steel FPO Review / Comments

Gem ipo finder
410. Gem ipo finder  Feb 23, 2011 17:31 I Like It. | Report Abuse
gane

nothing special can be expected for tomorrow than rs.10 up for tata steel.....

some one bought around 4-5 lacs shares at once and at any price, sell side was almost nil for a second.......
Gane
409. Gane  Feb 23, 2011 15:12 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts)
Gem,

Howcome thats possible to touch that much high price for few seconds. Any idea about it? What can be expected for tomorrow in this counter?

Gane.
Gem ipo finder
408. Gem ipo finder  Feb 23, 2011 14:31 I Like It. | Report Abuse
today

tata steel suddenly touched high of 737 @ 3:26 pm

and my shares that where on que to sell@ 640 got sold....

check through nse
M Gupta
407. M Gupta  Feb 14, 2011 11:34 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts)
DEAR ALL,

RELIANCE ANIL AMBANI GROUP IS FACING SEVERE CASH CRISIS, MUKESH AMBANAI MAY ALSO GET AFFECTED ..... 2G SCAM, HIGH INFLATION, PETROL PRICES GOING ROCKET HIGH, HIGHER INTREST RATES BY BANKS, OTHER BIG SCAMS MAY ANY TIME TAKE MARKETS BELOW 4500 NIFTY....


IF THIS HAPPENS SHARES WILL LOOSE LIKE ANYTHING....


KEEP DISTANCE FROM MARKETS FOR SOME TIMES....
pakka hindustani
406. pakka hindustani  Feb 9, 2011 11:06 I Like It. | Report Abuse
Tata Steel FPO price touched 605 today ( belwo issue price) . Is it safe to buy for target of 650 in one month. Please advise.
jhon k
405. jhon k  Feb 7, 2011 21:49 I Like It. | Report Abuse
What would be the TATA steel status will it cross 700?
and please update me about IDBI? i purchased it when it was 151.
Chem cho
404. Chem cho  Feb 7, 2011 14:31 I Like It. | Report Abuse
IPO Guru IPO Guru (1800+ Posts, 1600+ Likes)
403 SHEEDHAR
I HAVE TRACKING YOU LAST ONE YEAR HOW YOU SAY YOU LOST RS 75000 IN ONE IPO PL LET ME KNOW WHICH IPO YOU HAVE LOST MONEY I REALLY FEEL SORRY FOR THAT I FEEL IT MAY BE RS 7500 ONLY AND NOT 75000
Sreedhar
403. Sreedhar  Feb 6, 2011 12:23 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts)
Dear Challenger,
5200-4800 area is an area of great support for the Nifty.Last year for almost around 10 -11 months Nifty hovered around this range & only after failing 4-5 times to breach 5200 did it cross 5200 decisively & Immediately went to 6400 within short span of time.During this time I invested only in IPOs & made very good returns as at that time good IPOs were sure shot way of minting money.Then came the black day for me personally in coal India listing which killed the golden egg laying goose permanently .Not only did it kill further gains in other IPOs by heavy oversubscription but also I suffered 75000 loss due to a default from one of our boarders.Anyhow now I feel good days will return to IPO market becos fly by way IPO applicants are weeded out from the system.Good IPOs will not receive much enthusiasm & we can make money.In the meanwhile while I was applying for IPOs I increased my SIP in mutual funds by diverting my gains from IPOs to mutual funds .Now I feel this is a good time to buy as Food inflation will surely ebb & the only concern will be commodities inflation.At 5200 these factors are discounted .You can start building your portfolio at this point of time.My top picks will be Bhari airtel,ICICI Bank,LIC Hsg finance ,Reliance & Tata motors(post budget).I have invested in Birla sunlife Dividend yield plus,ICICI Pru discovery fund,Reliance banking fund,DSP -BR Microcap oppurtinities & Reliance small cap fund.
Silent Investor
402. Silent Investor  Feb 5, 2011 11:41 I Like It. | Report Abuse
In my Opinion... Substantial FII investments is all Indian Black Money....that is why major part has remained invested... around 200 billions.. The market is falling so that again there will be investment at lower levels... this is the only route.. with pressure mounting for disclosure of such accounts in the countries like Switzerland etc.. the money shall flow into Stock markets.. again the gains, long term are taxfree.. where else investors can get such benefits. Taxes in most of the countries average around 35-45%. Petrol prices in European countries are in the range of Rs.90-95 per litre that includes UK, Germany, Switzerland etc.
CLD
401. CLD  Feb 5, 2011 10:56 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
@ challenger

At last someone has realised that it is futile to be in direct market. No body gives you advice in share market when you need badly. I will again advise to all especially those who do not know the market dynamics well & who do not have time to remain glued to the market for full day, that they should remain in the market through SIP route of Mutual Funds.

If the investors remember, when the market was at its peak in the month of Nov.,10 when on 5th Nov. Sensex closed at 20,965 & Nifty closed at 6,308, every analyst on CNBC including Udhyan Mukerjee were saying that retail investors have missed the rally. Now that market is about 15% down from that peak but I am sure most of the retail investors are shying away from the market fearing that it may go down further. This is human psycology. In fear you fear more.

Investors lose because they don't enter the market when it is hovering around in the bottom since he does not know what is the bottom. These investors enter only when the market is very high therby invreasing their chances to lose more.

Here I will like to mention that Warran baffet, the most successful investor in share market in the world, has said that you should enter the market when fear in investors mind is at the peak i.e when others are selling, for gaining maximum profits. However actions required for taking such high risks at the height of turmoil when everyone is in selling frenzy is not possible for an ordinary investor. That is why for an ordinary investor maket entry through Mutual fund SIPs is best suited. You don't have to fear ups & downs of the market because you are regularly purchasing at every level of market thereby averaging your cost of aquision. Over the long run as I have alredy given in my previous post, you may end up gaining a tax free income of around 15% compounded annually. Isn't it carefree fantasitic return against any other asset class including real estate. At the same time it is liquid at any point of time. You can redeem for as much amount you like unlike real estate where you have to sell whole property along with the concerns of where to keep No.2 momey you receive. Mutual Fund houses also cannot charge more than Govt. controlled yearly operational cost which is in favour of retail investors. Remember, Govt. enforsed no entry load on mutual funds just to benefit the investors.

So far fund selection is concerned, you should choose 4/5 fund houses with 1/2 funds from each house with two SIPs every month for complete diversification. Monitor the performance of the chosen funds ever 6 months & take couse corrections if required.

Out of HDFC TOP 200 & HDFC equity, the former is more stable than the latter. However both funds have performed very well previously in their category.
challenger
400. challenger  Feb 5, 2011 07:01 I Like It. | Report Abuse
Hi Sreedhar,

Can you tell which share to buy on Monday.

thanks
challenger
399. challenger  Feb 5, 2011 06:58 I Like It. | Report Abuse
CLD sir,

I want to invest in mutual fund. is this good time to invest. I am watching HDFC top 200 and equity fund from some time. Can you share your views on these funds.

Thanks
IPOANALYSIS
398. IPOANALYSIS  Feb 4, 2011 22:56 I Like It. | Report Abuse
HAS ANYONE SEEN A STRATEGY OF CONGRESS WHOM PEOPLE HAVE VOTED.

WHAT HAS BEEN REASON OF MARKET FALLING WHEN GLOBAL MARKETS ARE SO STRONG AND ONLY INDIAN MARKETS ARE GOING DOWN LIKE THIS. EVEN THE EGYPT MARKET WHICH AHS SUCH A MASSACRE HAS NOT FALLEN AS INDIAN MARKETS.THE REASON COULD NOT BE INFLATION ALONE AS EVRY EMERGING MARKETS ARE FACING THAT SITUATION.

IT IS CONGRESS JOINING HANDS WITH F11 WHO RULES THE MARKETS.
I AM SURE ALL RETAILERS HAVE LOST HEAVILY IN MARKET AS 95% OF STOCKS ARE AT ALL TIME LOW. FORGET ABOUT MARKET AT 18000 STOCKS ARE WHAT WERE THEY AT 8000 LEVELS EXCLUDING TATA AND BANKING STOCKS AS NOT EVERYONE OWN THESE 5 STOCKS.

EVERY RETAILER SHOULD COMPLAIN THIS AND MAKE HUGE REVOLT AND THINK TWICE BEFORE VOTING AS PEOPLE IN INDIA STILL HAVE SLAVERY IN THEIR BLOOD AND CANNOT CHANGE THINGS AND THIS TIME THEY ARE SLAVE IN FROMT OF GOVT. CHEERS
Jaman Patel
397. Jaman Patel  Feb 4, 2011 16:12 I Like It. | Report Abuse
I brought today Kotak mahindra Bank @ 360/- what future please advice
rajivaa
396. rajivaa  Feb 4, 2011 03:42 I Like It. | Report Abuse
can anyone recommend a good brokerage? hdfc sec appears to be expensive
Sreedhar
395. Sreedhar  Feb 3, 2011 21:16 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts)
Dear Natarjan,
Thanks for the wishes.
Dear Ritesh,
You can sell 60 percent or whole depending on your risk appetite tmrw as we have already made more than 6 percent profit.Rest you can hold till 980 is reached.
Dear Kenshah,
I will take call on ONGC only next month.Presently I am not looking at it .I may short it after it goes ex bonus & split but only after it increases 2-3 percent more from prevailing rate.Tata steel is expected to post strong results hence one can hold till results.I have a neutral opinion on it.
outsider
394. outsider  Feb 3, 2011 20:12 I Like It. | Report Abuse
Buy Kalindee Rail for 2-3 days delivery base.
KK Natarajan
393. KK Natarajan  Feb 3, 2011 17:29 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts)
SAIL FPO is scheduled for the last week of March 2011. Will it be true this time? Decision on merchant bankers will be taken early next week.
Maddanna
392. Maddanna  Feb 3, 2011 16:42 I Like It. | Report Abuse
Here is a list of PSUs which government is planning to divest to raise more capital by IPOs and FPOs.

<<<Government PSU IPOs & FPOs in FY 2011-12>>>

1)SAIL
2)ONGC
3)Power Finance Corp
4)Hindustan Copper public
5)IOC
6)Cochin Shipyard
7)NBCC
8)Hindustan Latex
9)Rashtriya Ispat Nigam
10)BHEL
11)Container Corporation of India
12)MMTC
13)Neyveli Lignite Corporation
14)Bharat Electronics
15)Nalco
16)Indian Bank FPO
preetparesh
391. preetparesh  Feb 3, 2011 15:58 I Like It. | Report Abuse
what next which strategic is best for ongc fpo ? price band near 275 to 300 .



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