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Track all the latest updates and news of Surani Steel IPO.
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Published by : The Financial Express on MSNThe IPO Shares of Surani Steel Tubes Limited IPO are proposed to list on Wednesday, February 6, 2019 at NSE SME. The public issue of Surani Steel IPO was opened on Jan 25, 2019 and closed for subscription on Jan 29, 2019. Surani Steel IPO Listing Date and Information:
The allotment status of Surani Steel Tubes Limited IPO is now available online. The public issue of Surani Steel IPO was open on Jan 25, 2019 and closed for subscription on Jan 29, 2019. The equity shares of the company to be list at NSE SME.
Surani Steel Tubes Limited is entering in the capital market with an IPO of 2,358,000 Equity Shares of Rs 10 aggregating up to Rs [.] Crore. The price for the issue has been set at Rs - Rs Per Equity Share.
Incorporated in 2012, Gujarat based Surani Steel Tubes Limited is a company engaged in the business of manufacturing of Electric Resistance Welding Mild Steel ('ERW MS') Pipes. The company's products are used in many industries like Architectural, Infrastructural, Industrial and Engineering etc. Surani majorly relies on its dealer network to sell its products. As on March 31, 2018, it has arrangements/understanding with more than 300 dealers spread across Gujarat. Selling of scraps also contributes to its revenue.
The issue opens on Jan 25, 2019 and closes for subscription on Jan 29, 2019. The equity shares of the company to be list at NSE SME.
The issue of Surani Steel Tubes Limited opens on Jan 25, 2019 and closes for subscription on Jan 29, 2019. The equity shares of the company to be list at NSE SME. The price for the issue has been set at Rs - Rs Per Equity Share.
The Surani Steel IPO is proposed to open on January 25, 2019. The IPO application ends on January 29, 2019.
Retail investors can apply in the retail or non-institutional investor category from January 25, 2019 to January 29, 2019. The Surani Steel IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Surani Steel IPO will open for subscription on January 25, 2019. The public issue will close on January 29, 2019.
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