Sail Fpo

Investors will have to wait a little while longer for the much-anticipated follow-on public offer of steel giant Steel Authority of India (SAIL).

SAIL defers follow-on offer

Amid volatile stock market, state-owned Steel Authority of India (SAIL) has deferred its follow-on share sale offer that was scheduled on June 14 envisaging to raise up to Rs 8,000 crore.

SAIL likely to launch share sale on June 14: Chairman

State-run Steel Authority of India (SAIL) will likely launch its share sale by June 14, after the board of directors of the steelmaker finalise the draft prospectus early next week, its chairman said.

ONGC FPO likely in early July

Oil & Natural Gas Corporation (ONGC) is likely to come out with its follow-on public offer in early July, reports CNBC-TV18 quoting sources in the finance ministry.

SAIL FPO likely to hit market by May-end

The much-awaited Rs 8,000-crore follow-on public offer of Steel Authority of India (SAIL) is set to hit the capital market by the end of next month, a source close to the development said.

SAIL to file RHP for FPO in May

Steel Authority of India (SAIL) will file the red herring prospectus (RHP) in May for its forthcoming follow-on public offer, which is expected to hit the market in the first quarter of the next fiscal.

SAIL plans public issue by March

Steel Authority of India (SAIL) on Thursday said it will attempt to launch the Rs 8,000-crore follow-on public offer before the fiscal-end though submission of prospectus within February seems to be a difficult proposition.

SAIL FPO likely in first week of April: Sources

The fluctuating markets may further delay the launch of state-run SAIL's follow-on public offer. The issue, which was scheduled to release this March, may now be launched only in the first week of April, reports CNBC TV18's Aakansha Sethi quoting sources.

SAIL FPO rescheduled to launch in March 2011

SAIL's follow-on public offer (FPO) is set to hit the markets in March 2011 as the company sorts its issues with bankers, reports CNBC-TV18 quoting sources.

Tata Steel FPO opens; to review add'l fund raising later

The follow-on public offer (FPO) of the world's seventh largest steel maker Tata Steel opened for subscription on Wednesday. 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 group’s chief financial officer Koushik Chatterjee.

FPO likely by 2nd week of Feb: SAIL

India's second largest steel company Steel Authority of India (SAIL) said its follow-on public offer (FPO) was likely by second week of February, reports CNBC-TV18 DJ.