Tata Steel Re128 billion rights issue

22/1/2018
Share offer, Rights issue

Re 128 billion

$ 2 billion

Completed

22/1/2018


Overview:

  • Tata Steel has undertaken a rights issue consisting of 155 million fully paid shares and 77,697,280 partly paid shares.

Sam Duke

Jurisdiction:

India

Deal types:

Share offer
Rights issue

Practice area:

Capital markets : Equity

Industry sector:

Industrials and manufacturing


Firms:

Party: Kotak Mahindra Capital (Lead manager)

Party: AXIS Capital (Lead manager)

Party: HDFC Bank (Lead manager)

Party: ICICI Securities (Lead manager)

Party: SBI Capital Markets (Lead manager)


Party: Tata Steel (Issuer)