04 February 2014

Details of EIL FPO

Details of EIL FPO :

Issue Opens on : 6th Feb

Issue Closes On : 10th Feb
Price Band -145-150 a share

Discount of Rs 6 a share on the issue price to retail investors and its employees


 Net Offer to Public : 33,193,660 Equity Shares.
Target  Rs 500 crore

 In 2010, the Government had divested 10 per cent stake in the company through an FPO at Rs 290 a share.