Steel City Securities Ltd - Prospectus Synopsis
Steel City Securities Ltd 
RHP
Registered Office : 49-52-5/4 , Shanthipuram , Visakhapatnam - 530016 , Andhra Pradesh , India.
Phone : 91-0891-2563581 Fax : 91-0891-2563585
Email :ramu.n@steelcitynettrade.com Website : www.steelcitynettrade.com
Public offer of 49,08,000 equity shares of face value of Rs. 10 each (equity shares) of Steel City Securities Limited (the company or the issuer) for cash at a price of Rs. 55 per equity share (including a share premium of Rs. 45 per equity share) aggregating upto Rs. 26.99 crores consisting of a fresh issue of 27,26,183 equity shares aggregating upto Rs. 14.99 crores (the fresh issue) and an offer for sale of 21,81,817 equity shares of the company comprising of 8,94,809 equity shares by Mr. G. Sree Rama Murthy, 5,96,540 equity shares by Mr. K. Satyanarayana and 6,90,468 equity shares by Mr. G. Rajagopal Reddy (collectively the selling shareholders) (offer for sale) aggregating to Rs. 12 crores (the offer) (the offer for sale and the fresh issue are together referred to as, the offer). of the offer, 2,46,000 equity shares of face value of Rs. 10 each for a cash price of Rs. 55 per equity share, aggregating to 1.35 crores will be reserved for subscription by market maker (market maker reservation portion). The offer less the market maker reservation portion i.e. Offer of 46,62,000 equity shares of face value of Rs. 10 each at an offer price of Rs. 55 per equity share aggregating to 25.64 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 32.49% and 30.86 %, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each. The Offer price is Rs. Rs.55 per equity share and is 5.5 times of the face value.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 2/6/2017 12:00:00 AM | 2/9/2017 12:00:00 AM | Rs 55 - 0 | Rs 0 - 0 |
| Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 | |||
| Rs Cr | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 14.99 | Keynote Corporate Services Ltd |
| Project Financed through Current Offer | 26.99 | |
| Post Issue Equity Share Capital | 14.99 | |
| Issue Price | Rs. 55 |
| Projects |
|---|
| Investment in technology upgrad. & Office Infrast. |
| Promoted By | Listing At | Registrar to the Issue | |||
|---|---|---|---|---|---|
| - | Bigshare Services Pvt Ltd |
ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.
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ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.