Harisons Steel Files For R60Cr IPO
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.
Incorporated in 1999, Harisons Steel is engaged in the manufacturing of stainless steel ingots and billets of various gradesand sizes.
Promoters - Daulat Hariram Fulwadhya, Ashok Hariram Fulwadhya, Manish Daulatram Fulwadhya, Ankush Ashok Fulwadhya together with promoter group hold 93.18% stake in the company.
Its listed peers include Bajaj Steel, Good Luck Steel Tubes, OCL Iron & Steel and Kanishk Steel Industries.
Peers Performace on BSE
| Readers' Comments | Post a Comment >> |
KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
|---|---|---|---|---|
| 16/03/12 | Harisons Steel - IPO | IPO / Offerings | - | 11.93 |
| Date | Type | Buyer | Target | Size ($mn) | State |
|---|---|---|---|---|---|
| 16/05/13 | Private Equity | Baring Private Equity Asia Limited | Lafarge India Private Limited | 255.57 | Planned |
| 15/05/13 | Capital Market | Goldman Sachs Investments Mauritius I Ltd | Rain Commodities Limited | 1.58 | Completed |
| 25/04/13 | M&A | Windsor Machines Limited | Italtech | - | Planned |
| 10/04/13 | IPO / Offerings | - | Kushal Tradelink Limited | 5.10 | Announced |
Company |
||||
| Name | Promoters | Office | Competitor | Website |
|---|---|---|---|---|
| Harisons Steel Limited |
Ashok Hariram Fulwadhya Daulat Hariram Fulwadhya Ankush Ashok Fulwadhya Manish Daulatram Fulwadhya |
Plot No.1, Survey Gut No. 194 (Part of Village), Nehroli, Taluka Wada, Dist. Thane. | http://www.harisonssteel.com | |
| Dealforwards |  |
| May 13, 2013... | Goldman Sachs Invests In BPL Medical Technologies |
|
| May 15, 2013... | IFC To Invest In IDFC Backed Parag Milk Foods |
|
| May 13, 2013... | StanChart May Acquire Morgan Stanley's Indian Wealth Management Unit |
|
| May 14, 2013... | Goldman Sachs Exits From Vatika Group |
|
| May 14, 2013... | Cloud Computing Firm 8k Miles Acquires FuGen Solutions |
|
- About Us
- Contact Us
- Advertise
