Narayani Steels IPO Latest News Today

Narayani Steels Ltd BSE SME IPO to open on Sep 01, 2016 and close for subscription on Sep 06, 2016. The company has decided price Rs 32. The equity shares of the company to be list at BSE SME.

Narayani Steels Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 3,600,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 32.

Narayani Steels Limited is one of india's leading ISO certified company in the metal sector. Company manufactures and trades iron and steel products in India. Product range includes TMT ReBars, Mild Steel Rounds, Mild Steel Square, Mild Steel Flat Bars, and Mild Steel Angles.

The issue opens on Sep 01, 2016 and closes for subscription on Sep 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.