The follow-on public offer (FPO) of the world's seventh largest steel maker Tata Steel opened for subscription on Wednesday. With a fixed price band of Rs 594-610 per share, the FPO is of 5.7 crore ordinary equity shares of Rs 10 each.
The company aims to raise Rs 3,385.8-3,477 crore through the issue, which will close on January 21. "The board will review additional fund raising later," said, the groupDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
