It would be stock Steelage Prakash for the first time on the bourses today. The company's shares (stock code: 533 239) under the list?? (B)?? A group of securities in the Bombay Stock Exchange. Identified the issue price at 110 rupees per share, ie at the end of the upper price band of 100-110 rupees each.
Dealing with the effects of the company to increase Rs 68.75 crore through this issue, and proceeds will be used to finance part of its expansion in the factory is located in the list Umbergaon and Gujarat as well as to meet the requirements of additional working capital.
Prakash Steelage involved in the manufacture of welded pipe and welded stainless steel, pipes and tubes, Yu. The company is?? Government recognized Star Export House?? Export their products to several multinational corporations in more than 40 countries around the world. Different products produced by the company include tubes welded SS, SS welded pipes, tubes Efw SS, SS welded pipes, seamless tubes, X, Square, U-bend pipes and signs of Q.
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