Visa Steel Ltd - Prospectus Synopsis

Visa Steel Ltd RHP

Registered Office : Visa House 11 Ekamra Kannan , Nayapalli , Bhubaneswar - 751015 , Orissa , India.

Phone : 91-674-2552479-84  Fax : 91-674-2554661-62

Email :    Website :

Public issue of 35,000,000 equity shares of Rs. 10 each at a price of Rs. 57 per equity share for cash aggregating Rs.199.5 crores (hereinafter referred to as the Issue), comprising of promoters contribution of 5,000,000 equity shares of Rs. 10 each at a price of Rs.57 for cash aggregating to Rs.28.5 crores (referred to as the Promoters Contribution). The issue less the promoters contribution shall be hereinafter referred to as The Net Issue to Public. The Net issue to public will constitute 27.27 % of the post issue paid-up capital of The company. The issue price is 5.7 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
23-Feb-2006 27-Feb-2006 Rs 57 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 100 Further Multiples of : 100
  Rs Cr Lead Managers to the Issue
Project Cost 0 Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer 199.5  
Post Issue Equity Share Capital 110  
Issue Price Rs. 57  
To Part finance Brownfield expansion
Promoted By Listing At Registrar to the Issue
Visa International Ltd
Visa Minmetal AG
Mumbai Karvy Computershare Pvt Ltd

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