| Steel Authority of India Limited |
| Symbol |
SAIL |
| Series - Non Retail |
IS |
| Series - Retail |
RS |
| Number of shares being offered for sale |
Upto 206,526,264 equity shares of Rs 10/- each. (Base Offer Size) and Upto 206,526,264 equity shares (Oversubscription option) |
| Maximum Bid Quantity |
Upto 206,526,264 equity shares of Rs 10/- each. (Base Offer Size) and Upto 206,526,264 equity shares (Oversubscription option). The seller shall intimate the stock exchange of its intention to exercise the oversubscription after trading hours (i.e. on or before 5 pm) on January 14, 2021 |
| Allocation Methodology |
Price priority basis |
| Name of the Seller (s) |
The President of India, acting through and represented by Ministry of Steel, Government of India |
| Name of the broker (s) on behalf the seller |
DAM capital Advisors Limited and ICICI Securities |
| Face Value |
Rs 10 |
| ISIN |
INE114A01011 |
| Floor Price |
Rs 64 |
| Date of offer |
14-01-2021 and 15-01-2021 |
| Market Lot |
1 Equity Share |
| Tick Size |
Rs 0.05 |
| Stock exchanges where the Orders shall be placed |
National Stock Exchange of India Limited and BSE Limited |
| Non Retail Category - Bidding details (IS Series) |
|
| Bidding session Date (For IS series) |
14/Jan/21 |
| Bidding session Time |
09:15 AM to 3:30 PM |
| Series |
IS (Non retail category) |
| Date to indicate carry forward of unallocated Bids in Non-retail category |
15/Jan/21 |
| Carry Forward Timings |
09:15 AM to 3:30 PM |
| Retail category Bidding details (RS Series) |
|
| Bidding session Date (For RS series) |
15/Jan/21 |
| Bidding session Time |
09:15 AM to 3:30 PM |
| Series |
RS (Retail category) |
| Reservation portion for Retail |
12.50% of offer size (As per SEBI OFS Guidelines, Retail bids below the cut-off price shall not be eligible for allocation) |
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