• Share
• Email

• Share
• Email

NMDC, state-owned and India’s biggest mining company, has come out with a divestment plan of its 8.38% of total paid up equity share capital comprising 332243200 shares, out of its shareholding of 98.38%, through “ Further Public Offer’ in the domestic market. A part of the Public Offering will be reserved for the employees of the company.

The paid-up capital of the company as on 31st Mar 09 is Rs 396.47 crore comprising 3964716000 shares of face value of
Re 1 each. Presently, the Government of India is holding 98.38% of the paid up equity capital of the company and the balance is held by Financial Institutions, public and employees. The shares of the company are listed on various stock exchanges in India.

NMDC share’s CMP is Rs 417.95 on 11th Dec 09.

Related articles by Zemanta

• World Bank lends $4.3bn to India (news.bbc.co.uk)

Related posts:

1. NMDC IPO : Two Phased Disinvestment Plan NMDC, state-owned and India’s biggest mining company, will tap the...
2. NMDC Limited FPO : Opening on 10th Mar 2010 The Follow On Public Offer (FPO) of NMDC Ltd. is...
3. NMDC FPO : Likely in mid of March 2010 The Follow On Public Offer (FPO) of NMDC Ltd. is...
4. NMDC Limited FPO : Finally subscribed 1.25 times NMDC Ltd. is a Government of India fully owned public...
5. Coal India IPO : Planning to file DRHP with SEBI by June The Union Government has decided to disinvest 11% in Coal...

Related posts brought to you by Yet Another Related Posts Plugin.