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The Tata Steel follow-on public offer, which opened on Wednesday, was subscribed 0.2 times. The FPO
received bids for 95 lakh shares against the 4.86 crore shares on offer.

The price band for the issue has been fixed at Rs 594-610 a share. The portion reserved for qualified
institutional bidders was subscribed 0.42 times. Foreign institutions bid for 66.9 lakh shares.

Anchor investors (for whom the book was open on Tuesday) subscribed to 83.25 lakh shares at Rs 610 a
piece.

The anchor investors include Abu Dhabi Investment Authority, Fidelity, Nomura Mauritius, Macquarie
Bank, Credit Suisse Singapore, Monetary Authority of Singapore, Government of Singapore, Morgan
Stanley, Bajaj Allianz Life Insurance Company, MetLife India Insurance, Indus Capital, Reliance Life
Insurance, Barclay Capital, HDFC Mutual Fund and ICICI Prudential Mutual Fund.

The high net worth individuals' portion was subscribed 0.07 times and retail investor portion by 0.04
times.

The issue will close on January 21.

Shares of Tata Steel closed up 1.19% at Rs. 639.8 on the BSE on Wednesday

  BSE NSE
Open 634.90 633.90
Day High 642.50 643.25
Day Low 631.00 630.60
Previous Close 639.80 639.60
52-Week high 737.00 739.00
52-Week low 448.65 449.10
P/E 8.60 8.60
Market Cap (Rs cr) 57285.83 57218.16
Volume 1069704.00 0.00