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| STEEL AUTHORITY OF INDIA LTD | |
| Security Type | OFS |
| Symbol | SAIL |
| Offer Date | 05 Dec 2014 |
| StartTime | 09:15 |
| EndTime | 15:30 |
| Total Offer Size – No. of Shares | 206526264 |
| Offer Size for Retail Investors | 20652626 |
| 10 % of Offer Size | |
| Offer Size for Non Retail Investors | 185873638 |
| Face Value | 10.00 |
| Floor Price | |
| The Seller shall declare the Floor price for the offer on December 4,2014 latest by 5.00 pm IST to the Stock Exchanges | |
| Lot Size | 1 |
| Tick Price | 0.05 |
| ISIN No | INE114A01011 |
| Minimum Bid Quantity | 1 |
| Maximum Bid Quantity | 20,65,26,264 |
| Discount to Retail Investors | Retail Investors will be allocated Offer Shares at a discount of 5% to the bid price entered by them in accordance with the SEBI OFS Circulars |
| Allocation Methodology | Price Priority |
| LTP | 84.05 |
| Seller Members Details | Click Here |
| Selling Members | 1) Axis Capital Limited 2) Deutsche Equities India Private Limited 3) HSBC Securities and Capital Markets(India) Private Limited 4) J P Morgan India Private Limited 5) Kotak Securities Limited 6) SBICAP Securities Limited |
| Seller Promoter | The President of India acting through and representated by the Ministry of Steel,Government of India(Promoter) |
| Exchange Notices | 1) Mock Session for Offer for Sale (OFS) of Steel Authority of India Ltd on Thursday, December, 4th 20142) Opening of Offer for Sale for Steel Authority of India Limited |
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