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Zenith Birla (India) Limited FPO (Zenith Birla FPO) Detail

October 16, 2006 - October 20, 2006

Zenith Birla FPO is a fixed price issue of Rs 131.00 crores.

Zenith Birla FPO bidding started from October 16, 2006 and ended on October 20, 2006. The shares got listed on BSE on November 20, 2006.

Zenith Birla FPO price is ₹55 per share.

Idbi Capital Market Services Limited and Keynote Financial Services Ltd are the book running lead managers of the Zenith Birla FPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Zenith Birla FPO DRHP for detailed information.

Zenith Birla FPO Details

IPO Date October 16, 2006 to October 20, 2006
Listing Date November 20, 2006
Face Value ₹10 per share
Price ₹55 per share
Lot Size
Total Issue Size23,818,182 shares
(aggregating up to ₹131.00 Cr)
Issue Type Fixed Price Issue FPO
Listing At BSE
Share holding pre issue16,254,000
Share holding post issue35,526,727

Zenith Birla FPO Promoter Holding

Share Holding Pre Issue 32.85%
Share Holding Post Issue

About Zenith Birla (India) Limited

Zenith Birla (India) Ltd, a steel pipe manufacturer is coming up with (FPO) of 2,38,18,182 equity shares of Rs 10 each at a price of Rs 55 per share. Zenith Birla is currently listed in BSE and quoted at Rs 63.55 as of Oct 06 2006 with 52 Week High - Rs 83/-, 52 Week Low - 30/-.

Zenith Birla is in manufacturing of ERW welded steel pipes and HSS cutting tools.

The Steel Pipe Division of Zenith Birla is located at Khopoli, Maharashtra. The steel pipe plant has an installed capacity of 1,20,000 TPA. The pipes are predominantly used for plumbing, agriculture, irrigation, urban and rural drinking water distribution, structural and industrial applications. Square and rectangular hollow sections manufactured by Zenith are used to replace conventional section such as beams, angles and channels. These sections have higher load bearing capacity with better economics and have better asthetic appeal. Zenith tubular pipes have also substituted seamless pipes for certain applications.

Manufacturing facilities of Zenith Birla cutting Tool Division are at two places i.e at Nasik and Aurangabad both in Maharashtra. The cutting tool plants have aggregate capacity to manufacture 203.71 Lac No. per annum. HSS cutting tools are predominantly used in Automobile, General engineering and Capital Goods Industry.

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Zenith Birla FPO Prospectus

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Zenith Birla FPO Listing Details

Listing Date November 20, 2006
BSE Script Code 531845
NSE Symbol ZENITHSTL
ISIN INE318D01020
Final Issue Price ₹55 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹55.00
₹50.00
₹44.00
₹53.45
₹48.20

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Zenith Birla (India) Limited Contact Details

Zenith Birla (India) Limited
Zenith Birla (India) Limited,
1st Floor, Dalamal House, Nariman Point,
Mumbai - 400 021, India.
Phone: +91-22-2282 1122
Email: zenith.po@zenithsteelpipes.com
Website: http://www.zenithsteelpipes.com

Zenith Birla FPO Registrar

Zenith Birla FPO - Buy or Not

Zenith Birla FPO Recommendation Summary

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Zenith Birla FPO FAQs

Zenith Birla FPO is a main-board FPO of 23,818,182 equity shares of the face value of ₹10 aggregating up to ₹131.00 Crores. The issue is priced at ₹55 per share. The minimum order quantity is .

The FPO opens on October 16, 2006, and closes on October 20, 2006.

Bigshare Services Pvt Ltd is the registrar for the FPO. The shares are proposed to be listed on BSE.

The Zenith Birla FPO opens on October 16, 2006 and closes on October 20, 2006.

Zenith Birla FPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Zenith Birla FPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Zenith Birla FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Zenith Birla FPO allotment status.

The Zenith Birla FPO listing date is on November 20, 2006.
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Zenith Birla FPO Message Board

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33 Comments

33. Vikram |   Link |  Bookmark |November 22, 2006 7:29:07 AM
Sorry friends...Please ignore my comments below.
It was just my misunderstanding.
32. HARESH |   Link |  Bookmark |November 21, 2006 9:47:00 PM
NOT LISTED ON TUESDAY ???????
31. Vikram |   Link |  Bookmark |November 21, 2006 7:56:45 AM
Hi Friends,

Zenith Birla is listing on NSE tomorrow. Hopefully price may boost a little after more liquidity.

I personally recommends exit asap from this stock and utilize your money in to some other good IPO.
30. JP |   Link |  Bookmark |November 21, 2006 2:03:04 AM
Do anyone have any idea, whether this price will again shoot up??
29. Rajendra |   Link |  Bookmark |November 18, 2006 7:59:44 AM
Got the allotment ....Price dropped and Now its round about 50 ....Wrong Choice ..
28. Rachee |   Link |  Bookmark |November 18, 2006 4:10:27 AM
Thank u very much Vikram, after so much waiting atlast I contacted them on numbers provided by u and came to know the status.I got it although not very promising? Thanks once again Vikram!!!
27. Prafulla |   Link |  Bookmark |November 18, 2006 2:19:46 AM
I called them, they told that allotment is done, but today only the price dropped to 51, what to do?, its a wrong choice to purchase this shares:-(
26. Vikram |   Link |  Bookmark |November 18, 2006 12:13:05 AM
Hi Friends,

Bigshare Services website is not working.

You could check your allotment status by calling them at: +91 22 2847 0652 / +91 22 2847 0653

25. prashant |   Link |  Bookmark |November 17, 2006 9:40:51 PM
Guys rejoice, Finally allotment has been made. Contact your brokers to know about it. Listing may be on monday.
24. prafulla |   Link |  Bookmark |November 17, 2006 9:27:37 PM
I also didnt rec'd the allotment/refund, i have called bigshareonline couple of times, but they are very reluctent to reply, am wondering, in IPO allotment also, there can be any scams?
23. Ganesh |   Link |  Bookmark |November 17, 2006 6:17:05 PM
Rajendra , I did not recvd allotment or refund..
The price already droped by 55.
22. Rajendra |   Link |  Bookmark |November 17, 2006 7:52:13 AM
Hi JP ,Ganesh did any one of you received the allotment of shares or Amount refund
21. JP |   Link |  Bookmark |November 16, 2006 9:13:58 PM
Hi Ganesh, Rajendra is asking about the allotment fo this FPO. This share is already in the market for more than an yesr.. This is Only an FPO and NOT IPO
20. Ganesh |   Link |  Bookmark |November 16, 2006 6:39:07 PM
Hey Rajendra !! Its already listed in BSE.. Its current price is 61.
ZENITH BIRLA (BSE INDONEXT) (531845.BO)
19. Rajendra |   Link |  Bookmark |November 16, 2006 10:01:06 AM
Its high time now i have written several mails to Bigshare online who is a registrar for this issue but no response from them too..if anyone once knows ppl working in Bigshare please ask about this issue and listing of the same .
18. JP |   Link |  Bookmark |November 16, 2006 1:34:21 AM
No one has got either share allotement or Money refund. It is almost a month now since the share has been applied. Hope atleast by this week en allotment will be made.
17. Ashutosh Naik |   Link |  Bookmark |November 16, 2006 1:11:30 AM
hi Ganesh, I am wondering about the allotment too. I have not got any allotment or refund order. Does anyone know when the allotment will be made ?
16. Ganesh |   Link |  Bookmark |November 15, 2006 10:33:19 PM
Thanks prashanth. Anybody got allotment or refund?
15. prashant |   Link |  Bookmark |November 14, 2006 9:53:38 PM
Ganesh: Sell it off on the day of listing, no bright future as of now.
14. Ganesh |   Link |  Bookmark |November 14, 2006 1:00:57 PM
Once got alloted ,we need to hold or sell immd ? any suggestions on this script??