S.A.L. Steel Limited IPO
S.A.L. Steel Limited was a mainboard IPO, offered at ₹12–₹14 per share to raise ₹420 crore. It listed on 24 Nov 2004 and closed its first day at ₹20, a listing gain of +39.6% versus the ₹14 issue price. It now trades around ₹78 (+459.0% versus the issue price).
Frequently asked questions
- What were the S.A.L. Steel Limited IPO listing gains?
- S.A.L. Steel Limited listed on 24 Nov 2004, closing its first day at ₹20 — a listing gain of +39.6% versus the ₹14 issue price.
- What was the price band and lot size of the S.A.L. Steel Limited IPO?
- The price band was ₹12–₹14 per share.