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Govt may sell 10% stake in Rashtriya Ispat in Sept-October IPO

Last Updated: Thursday, June 12, 2014, 18:52

RINL, which produces 2.9 million tonnes of steel annually, is on the verge of completing a Rs 12,300 crore expansion programme.

RINL IPO will depend on market conditions: Steel Secretary

Last Updated: Monday, November 25, 2013, 17:26

The public issue of state-owned steel maker RINL will depend on stock market conditions and is likely to take some more time, Steel Secretary G Mohan Kumar said here Monday.

RINL to go for financial restructuring for better IPO price

Last Updated: Thursday, December 20, 2012, 20:31

State-owned Rashtriya Ispat Nigam (RINL) has decided to initiate a slew of financial restructuring measures and merge a subsidiary with a view to getting better value through initial public offering (IPO).

RINL plans to raise up to Rs 6k cr in 3 yrs

Last Updated: Sunday, October 28, 2012, 12:12

"The process will begin from January, when the company will be raising about Rs 1,000 crore to fund current fiscals' capex requirements," a senior company official told PTI.

RINL issue deferred due to differences over price band

Last Updated: Tuesday, October 09, 2012, 18:43

"The issue has been deferred," RINL Chairman and Managing Director A P Choudhary said.

EGoM to fix price band for RINL IPO today

Last Updated: Tuesday, October 09, 2012, 09:21

An Empowered Group of Ministers will decide Tuesday on the price band of Rashtriya Ispat Nigam's initial public offer, which is scheduled to hit the capital market on October 16.

EGoM to fix price band for RINL IPO tomorrow

Last Updated: Monday, October 08, 2012, 22:30

An Empowered Group of Ministers will decide tomorrow on the price band of Rashtriya Ispat Nigam's initial public offer, which is scheduled to hit the capital market on October 16.

RINL IPO to kickstart PSU disinvestment process this month

Last Updated: Monday, October 08, 2012, 15:51

The Rs 2,500-crore initial public offering (IPO) of the state-run Rashtriya Ispat Nigam (RINL) has been deferred twice since the filing of the draft documents with the market regulator SEBI on May 18.

Govt may reserve 50% of RINL issue for retail subscription

Last Updated: Tuesday, September 18, 2012, 19:20

The initial public offer (IPO) of Rashtriya Ispat Nigam (RINL) is likely to hit the market on October 16 and will remain open for subscription till October 18.

RINL issue to hit market on Oct 16, remain open for 3 days

Last Updated: Monday, September 17, 2012, 19:43

The Rs 2,500-crore initial public issue of the state-run Rashtriya Ispat Nigam (RINL) is likely to hit the market on October 16 and will remain open for subscription till October 18.

Govt defers RINL's Rs 2,500-cr IPO

Last Updated: Monday, July 16, 2012, 22:32

Rashtriya Ispat Nigam Ltd's Rs 2,500-crore initial public offering (IPO) has been put on hold by the government in view of the weak market conditions.

Fitch assigns grade 4 to Rashtriya Ispat Nigam IPO

Last Updated: Thursday, July 12, 2012, 00:38

Fitch Ratings has assigned 'Fitch 4(ind)' grade to Rashtriya Ispat Nigam Ltd's proposed Initial Public Offering out of a maximum of 'Fitch 5(ind)'.