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Open
26 Nov to 1 Dec, 2010
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Close
26 Nov to 1 Dec, 2010
3
Allotment
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Listing
Wed, Dec 15, 2010
Price Band
₹340 to ₹375
Issue Size
3,36,00,000 shares (agg. up to ₹1,238 Cr)
Lot Size
17 Shares
Listing Date
Wed, Dec 15, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 56.16x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gravita India Ltd. | Mainboard | ₹45.00 Cr | ₹125 | null | ₹209.70 | +67.76% | ₹1,829.50 (-0.49%) |
| NMDC Ltd. | Mainboard | ₹9,930.45 Cr | ₹300 | null | ₹294.50 | -1.83% | ₹84.08 (-0.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | The Company will not receive any proceeds from the Offer. |
About MOIL IPO
Incorporate in 1896, MOIL Limited (Manganese Ore India Limited) is India based producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the administrative control of the Ministry of Steel.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.In addition to high, medium and low grade manganese ore, company produces manganese dioxide and chemical grade manganese ore. The major competitive strengths of the company are:1. Largest producer of manganese ore in India with access to significant reserves;2. Well positioned to capture the growth potential of the Indian steel industry;3. Track record of growth and efficient operations;4. Strategic location of the mines and5. Strong capabilities for exploration, mine planning and research development.+ Read More
Contact Details
MOIL Ltd. AddressMOIL Bhavan1-A, Katol Road, NagpurKatol, Maharashtra, 440013+91 712-2806100/216ipo@moil.nic.inVisit Website