Tata Steel FPO ,Tata Steel IPO

Tata Steel Ltd. FPO Tata Steel Ltd. FPO

Tata Steel FPO ,Tata Steel IPO
Tata Steel FPO ,Tata Steel IPO
ParticularsDetails
Type of IssueBook-built FPO
Issue Size₹3,477.00 crore
Issue StructureEntirely a fresh issue of 5.70 crore equity shares
Face Value₹10 per share
Price Band₹594 – ₹610 per share (final price ₹610)
Bidding DatesJan 19, 2011 to Jan 21, 2011
Listing DateFeb 2, 2011
Listing ExchangesBSE, NSE
Lot Size10 shares
Retail Minimum Investment₹5,940 (10 shares)
sNII (Small HNI) Minimum Investment33 lots (330 shares) = ₹2,01,300
bNII (Big HNI) Minimum Investment164 lots (1,640 shares) = ₹10,00,400
Employee Reservation15,00,000 shares at same price (no discount)
Lead ManagersKotak Mahindra Capital Co. Ltd., Deutsche Equities India Pvt. Ltd., SBI Capital Markets Ltd., Citigroup Global Markets India Pvt. Ltd., HSBC Securities & Capital Markets (India) Pvt. Ltd., Standard Chartered Securities (India) Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
SubscriptionOversubscribed ~5.97x (Retail ~1.6x)
Funds UtilizationJamshedpur plant expansion, debt repayment, strategic investments

Tata Steel Ltd. – Stock Quote (as of Aug 12, 2025)

ParameterValue
Last Price₹160.16 ▲ +1.64 (+1.03%)
Open₹158.52
Day’s Range₹161.65 – ₹158.50
Previous Close₹158.52
Total Traded Value₹2,00,56,598.00
52-Week High₹170.18 (Sep 30, 2024)
52-Week Low₹122.62 (Jan 13, 2025)

Quick Observations Tata Steel Ltd. FPO Tata Steel Ltd. FPO

Tata Steel Ltd. FPO (Tata Steel FPO) Detail

  • Trend: Small upward move from previous close, suggesting mild bullish sentiment.
  • Resistance: ₹170.18 (52-week high could act as resistance).
  • Support: ₹122.62 (52-week low is a key support level).
  • Liquidity: Over ₹200 crore traded value indicates strong daily participation.

Tata Steel Ltd. – Follow-on Public Offer (FPO) Details

ParticularsDetails
IPO / FPO DateJanuary 19, 2011 – January 21, 2011
Listing DateFebruary 2, 2011
Face Value₹10 per share
Issue Price₹610 per share
Lot Size10 shares
Sale TypeFresh Capital (100% fresh issue)
Total Issue Size5,70,00,000 shares (₹3,477.00 crore)
Issue TypeBook-built FPO
Listing ExchangesBSE, NSE
Pre-Issue Shareholding90,22,14,196 shares
Post-Issue Shareholding95,92,14,196 shares

Dilution Impact: Share capital increased by 5.7 crore shares, raising fresh funds without any offer-for-sale.Tata Steel Ltd. FPO

Purpose: Primarily for Jamshedpur plant expansion, debt repayment, and strategic investments.

Listing Performance: Listed at a slight premium on Feb 2, 2011.

Market Reaction: Strong institutional interest, oversubscribed nearly 6x.

Tata Steel FPO Timeline (Tentative Schedule)

EventDateDay
FPO OpensJanuary 19, 2011Wednesday
FPO ClosesJanuary 21, 2011Friday
Cut-off Time for UPI Mandate ConfirmationJanuary 21, 2011 – 5:00 PMFriday
Tentative Listing DateFebruary 2, 2011Wednesday

Tata Steel FPO – Lot Size & Investment Limits

Investor CategoryLotsSharesAmount (@ ₹610 per share)
Retail – Minimum110₹6,100
Retail – Maximum32320₹1,95,200
S-HNI – Minimum33330₹2,01,300
S-HNI – Maximum1631,630₹9,94,300
B-HNI – Minimum1641,640₹10,00,400

Promoter Holding – Tata Steel FPO

ParticularsShareholding (%)
PromoterTata Sons Limited
Pre-Issue Holding32.69%
Post-Issue Holding26.47%

Tata Steel FPO Reservation TTata Steel FPO ,Tata Steel IPO

Investor CategoryShares Offered% of Issue SizeMaximum Allottees
QIB (Qualified Institutional Buyers)2,77,50,00048.68%NA
NII / HNI (Non-Institutional Investors)83,25,00014.61%NA
Retail Individual Investors (RII)1,94,25,00034.08%19,42,500
Employees15,00,0002.63%NA
Total5,70,00,000100%

Tata Steel Ltd. – Follow-on Public Offer

Basic Details

Tata Steel Ltd. FPO (Tata Steel FPO) Detail

ParticularsDetails
FPO TypeBook-built Issue – Fresh Capital
FPO Size₹3,477.00 crore
Shares Offered5,70,00,000 equity shares
Face Value₹10 per share
Issue Price₹610 per share
Listing ExchangesBSE, NSE
Pre-Issue Shares90,22,14,196
Post-Issue Shares95,92,14,196
PromoterTata Sons Limited

Promoter Holding Tata Steel FPO ,Tata Steel IPO

Stage% Holding
Pre-Issue32.69%
Post-Issue(32.69 × 90,22,14,196) ÷ 95,92,14,196 = 30.74%

Equity dilution: 1.95 percentage points.
Promoters’ share count stayed constant; dilution occurred because the total number of shares increased.Tata Steel Ltd. FPO Tata Steel Ltd. FPO

Timeline Tata Steel Ltd. FPO Tata Steel Ltd. FPO

EventDateDay
FPO OpensJan 19, 2011Wednesday
FPO ClosesJan 21, 2011Friday
Cut-off Time for UPI MandateJan 21, 2011 – 5 PMFriday
Tentative Listing DateFeb 2, 2011Wednesday

Lot Size & Investment

CategoryLotsSharesAmount (@ ₹610)
Retail (Min)110₹6,100
Retail (Max)32320₹1,95,200
S-HNI (Min)33330₹2,01,300
S-HNI (Max)1631,630₹9,94,300
B-HNI (Min)1641,640₹10,00,400

Investor Category Reservations

Investor CategoryShares Offered% of IssueMax Allottees
QIB2,77,50,00048.68%NA
NII / HNI83,25,00014.61%NA
Retail1,94,25,00034.08%19,42,500
Employees15,00,0002.63%NA
Total5,70,00,000100%

Bidding Limits & Cut-off Price Rules

CategoryMax Bidding LimitCut-off Price Allowed?
RIIUp to ₹2 lakhsYes
sNII₹2 lakhs to ₹10 lakhsNo
bNII₹10 lakhs+ (within NII quota)No
EmployeeAs per reservationYes
Employee + RIIEmployee quota + Up to ₹2 lakhs in retailYes
Employee + NIIEmployee quota + sNII or bNII limitsYes

About Tata Steel Ltd. Tata Steel FPO ,Tata Steel IPO
Incorporation: 1907
Headquarters: Mumbai, India
Industry: Steel Manufacturing

Tata Steel Ltd. is one of India’s largest steel producers, with an annual steel production capacity of approximately 27.2 million tonnes per annum (MTPA). The company operates across the entire steel value chain — from mining and processing raw materials such as iron ore and coal, to producing and distributing finished steel products.

According to the World Steel Association (WSA), Tata Steel ranked as the 7th largest steel company in the world by crude steel production volume in 2009.

Geographic Footprint

  • India – Core steel manufacturing and mining operations
  • Europe – Significant steel production assets
  • Asia Pacific & Other Regions – Additional operational presence

In FY2010, Europe accounted for 62.9% of Tata Steel’s total steel production, while India contributed 28.8%.

Product Portfolio

Tata Steel offers a wide range of steel products, including:

  • Flat Products – Hot rolled coils, plates, sheets
  • Long Products – Sections, wires, bars
  • High Value-Added Products – Automotive-grade steels, aerospace materials
  • Ferro Alloys – Among India’s largest ferro chrome producers

Customer Segments

The company serves multiple industries, including:

General Engineering

Construction & Infrastructure

Automotive & Aerospace

Consumer Goods

Material Handling

Leave a Comment