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I.P.O. / Offerings | 16 March 2012

Harisons Steel Files For R60Cr IPO

by Charmi Gutka
Harisons Steel Files For R60Cr IPO
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@Charmi
Harisons Steel Limited has filed DRHP with SEBI to raise R60Cr through an IPO.

The funds raised will be used to set up rolling mill with a proposed capacity of 30,000 Mts p.a. (R41.59Cr); to part finance incremental working capital requirement (R8Cr) and for other corporate purposes.

Comfort Securities is the book running lead manager to the issue.

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Aviva PLC, buys an additional 23 per cent in Indian venture

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