Wednesday, January 26, 2011

IPO Of Chelyabinsk Pipe Rolling Plant

Chelyabinsk Pipe Rolling Plant is waiting capitalization at the amount of $ 2,0-2,7 bln after the intended  IPO in London.

One of the largest pipe manufacturers in Russia - Chelyabinsk Pipe Rolling Plant  intends after the IPO in London to get the capitalization in the range of $ 2,0-2,7 billion. Price range per share of 
Chelyabinsk Pipe Rolling Plant  for the placement is defined in the range of $ 3,50-4,60 per share and the same amount is for a receipt, the company reported. 


The main shareholder of Chelyabinsk Pipe Rolling Plant can raise $ 157,5-207,0 million from the sale of the existing shares and receipts in the IPO, and two subsidiaries of Chelyabinsk Pipe Rolling Plant may raise $ 472,5-621,0 million.

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