Manganese Ore India Limited (MOIL) IPO : Allotment Staus

by khalid on 02/12/2010 · 0 comments

Manganese Ore India Limited (MOIL) IPO was open on 26th Nov 2010 and get closed on 1st Dec 2010. The price band for the issue was Rs 340 at lower level and Rs 375 at upper level. The shares are issued at Rs 375, the upper level of the price band. The Promoters of the Company are the President of India, acting through the MoS, Government of India (GoI). MOIL Limited is a public sector undertaking (PSU) of the Indian Government. MOIL Limited is the largest producer of manganese ore by volume in India. MOIL operate seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi) to produce more then 1,093,363 tonnes of manganese ore.

Details of different category subscription is as follows……

Total Issue Size : Rs. 1,260.00 Crores
No. of times issue is subscribed : 56.43 Times
Qualified Institutional Buyers (QIBs) : 49.16 times
Non Institutional Investors : 143.30 times
Retail Individual Investors : 32.86 times
Employee Reservations : 0.57 times
Overall : 56.43 times

Allotment status of Manganese Ore India Limited (MOIL) IPO will show in the following link, as soon as it is available :-
My allotment status

Stay tuned to BelltheBull Blog for more on Manganese Ore India Limited (MOIL) IPO !

Related Posts Plugin for WordPress, Blogger...

Leave a Comment

Previous post:

Next post: