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New Delhi, Friday, December 5, 2014

SAIL offer over-subscribed, to raise at least Rs. 1,500 crore

The government is selling 5 per cent stake in SAIL through this one-day offer, which received bids for more than 30 crore shares, worth over Rs. 2,500 crore, by 2.45 p.m. »
More on iron and steel AND: stocks
NEW DELHI, Friday, December 5, 2014

SAIL stake sale begins; subscribed over 27% in early trade

The government’s 5 per cent stake sale in steel major Steel Authority of India (SAIL), to raise up to Rs 1,700 crore, began on Friday and got subscribed over 27 per cent in morning trade. »
More on iron and steel AND: company informationheavy construction
NEW DELHI, Thursday, December 4, 2014

SAIL share sale floor price fixed at Rs. 83

The government’s five per cent stake in steel giant SAIL will be sold at a floor price of Rs. 83 a share on Friday. “The government expects to garner Rs. 1,500-1,700 crore from SAIL disi... »
More on iron and steel AND: company information
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