Proceeds from the fresh issue will be used to repay part of the company's existing debt, expand capacity at its Ankleshwar and Panoli facilities, set up a new steam-generation unit in the Dahej SEZ New Delhi: Industrial gas producer Steamhouse India Ltd has fixed a price band of Rs 77-81 per share for its Rs 414-crore initial public offering (IPO), which will open for subscription on September 9.The Steamhouse India IPO will close on September 11, while bidding for anchor investors will take place on September 8.Fresh Issue Worth Rs 353 CroreThe IPO comprises a fresh issue of shares worth up to Rs 353 crore and an offer-for-sale (OFS) component of around Rs 61 crore.Promoter Vishal Sanwarr... Key points and original sources are listed below.
- Proceeds from the fresh issue will be used to repay part of the company's existing debt, expand capacity at its Ankleshwar and Panoli facilities, set up a new steam-generation unit in the Dahej SEZS1
- New Delhi: Industrial gas producer Steamhouse India Ltd has fixed a price band of Rs 77-81 per share for its Rs 414-crore initial public offering (IPO), which will open for subscription on September 9.The Steamhouse India IPO will close on September 11, while...S2
