Manganese Ore India Limited (MOIL) IPO : Ggraymarket Premium

by khalid on 26/11/2010 · 0 comments

The Miniratna company of Indian Government, Manganese Ore India Limited (MOIL) is entering into primary market with an Initial Public Offer (IPO) of 33,600,000 Equity Shares of Rs 10 each. The IPO is opening on 26th Nov 2010 and the shares will be available for subscription up to 1st Dec 2010. The size of the issue is Rs — crores. 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.

You can check day to day Ggraymarket Premium of Manganese Ore India Limited (MOIL) IPO here.

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