Private & Confidential
(For the Equity Shareholders of the
Company)
(Incorporated
on 26th February, 1983 and obtained certificate of commencement of
business on 13th April, 1983.)
Regd. Office. :
Paper Palace Building, Bajrakabati Road, Cuttack 753 001. (Orissa)
Tel No. : (0671)
621 366, 621903 Fax No.: (0671) 622958, 615334
e-mail : ctk_ipistil@sancharnet.in Website: www.ipisteel.com
Works :
Gundichapada, Dist: Dhenkanal 759 025. (Orissa)
OFFER
OF 17,65,420 EQUITY SHARES OF RS.10 EACH FOR CASH AT PAR AGGREGATING TO
RS.176.54 LACS ON A RIGHTS BASIS IN THE RATIO OF TWO EQUITY SHARES FOR EVERY
FIVE EQUITY SHARES HELD AS ON ---------------- (THE RECORD DATE).
Investment
in equity and equity related securities involve a degree of risk and investor
should not invest any funds in this offer unless they can afford to take the
risk of losing their investments. Investors are advised to read the risk
factors carefully before taking an investment decision in this offering. For
taking an investment decision, Investor must rely on their own examination of
the issuer and the offer including the risks involved. The securities have not
been recommended or approved by Securities and Exchange Board of India nor does
Securities and Exchange Board of India guarantee the accuracy or adequacy of
this document.
The attention of the investor is drawn to the statement of Risk Factor appearing on Page No. – of the Letter of Offer.
The Issuer, having made all reasonable inquiries, accepts responsibility for, and confirms that this Offer Document contains all information with regard to the Issuer and the issue, which is material in the context of the issue, that the information contained in this Offer Document is true and correct in all material respects and is not misleading in any material respect, that the opinions and intentions expressed herein are honestly held and that there are no other facts, the omission of which makes this document as a whole or any of such information or the expression of any such opinions or intentions misleading in any material respect.
LISTING
The equity
shares of the Company are listed on the Bhubaneshwar Stock Exchange (Regional
Stock Exchange) and the Stock Exchanges at Kolkata and Ahmedabad. Applications
will be made to these Stock Exchanges for permission to deal in and for
official quotation in respect of the equity arising out of the present rights
issue.
LEAD MANAGER TO THE ISSUE
Aryaman Financial Services Limited SEBI Regn No –INM 000006807 3rd Floor, 35 ,
Atlanta, Nariman Point, Mumbai 400 021. Tel : 022 2826465/66 Fax : 022 2826467 E-Mail : aryaman@bom2.vsnl.net.in |
REGISTRAR TO THE ISSUEBigshare Services Pvt Ltd., SEBI REGN NO. : INR 000001385 E 2, Ansa Industrial Estate,
Sakivihar Road, Saki Naka, Andheri (East), Mumbai
400 072. Tel : 022 8523544 Fax : 022 8525207 E-Mail : bigshare@bom7.vsnl.net.in |
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ISSUE
OPENS ON |
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LAST DATE
FOR RECEIVING SPLIT APPLICATION FORMS |
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ISSUE
CLOSES ON |
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TABLE OF CONTENTS
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PARTICULARS |
Page No. |
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Definitions/Abbreviations |
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Risk
Factors and Management Perceptions Thereof |
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Highlights |
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PART – I |
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General
Information |
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Offer
Management Team |
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Capital
Structure of the Company |
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Terms of
the Present Offer |
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Particulars
of the Offer |
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Company,
Management and Project |
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Stock
Market Data |
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Basis of
Offer Price |
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Outstanding
Litigation’s, Defaults and Material Developments |
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Risk
Factors and Management Perceptions Thereof |
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Material
Contracts and Documents for inspection |
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Declaration |
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DEFINITIONS / ABBREVIATIONS USED IN THE
PROSPECTUS
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Act |
The
Companies Act, 1956 |
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Articles |
Articles of
Association of Ipisteel Limited |
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ASE |
Ahmedabad
Stock Exchange |
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Board |
The Board
of Directors of Ipisteel Limited |
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BSE |
Bhubaneshwar
Stock Exchange |
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CSE |
Calcutta Stock Exchange |
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CAF |
Composite
Application Form |
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CDSL |
Central
Depository Services Limited |
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EPS |
Earning per
share |
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FIs/FIIs |
Financial
Institutions /Foreign Institutional Investors |
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GOI |
Government
of India |
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ISL/Issuer |
Ipisteel
Limited |
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Memorandum |
Memorandum
of Association of Ipisteel Limited |
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MP |
Management
Perception |
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LOF |
Letter of offer |
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RBI |
Reserve
Bank of India |