Steel City Securities Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Feb 6, 2017 · 2 min read

IPO GUIDE

Steel City Securities Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTRACKER

Complete analysis of the Steel City Securities Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.Steel City Securities Limited IPO Overview

The initial public offering (IPO) of Steel City Securities Limited is a public issue under the SME board. The subscription window is scheduled to open on Feb 6, 2017 and close on Feb 9, 2017, with the price band fixed at ₹55 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesFeb 6, 2017 – Feb 9, 2017
Price Band₹55
Lot SizeTBA shares
Minimum InvestmentTBA
Issue SizeTBA
Listing AtBSE, NSE

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Feb 6, 2017
  • Bidding closes: Feb 9, 2017
  • Allotment date: TBA
  • Listing date: 2019-06-27
  • Minimum investment: TBA

4.Steel City Securities Limited IPO GMP Today

No grey market premium has been recorded for Steel City Securities Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for Steel City Securities Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "Steel City Securities Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the —-share lot, at a price within the ₹55 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2019-06-27 on BSE and NSE. Once finalised, check your status on the Steel City Securities Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

Steel City Securities Limited opens on Feb 6, 2017 and closes on Feb 9, 2017 at ₹55 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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