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NMDC

The 332,243,200 equity shares follow-on public offer of NMDC, a navratna public sector undertaking, opened for subscriptions today. The price band for the issue, which will close on March 12, 2010, has been fixed at Rs 300-350 per share. The government has offered a discount of 5% to the offer price to retail individual bidders [...]

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The follow-on public offer of NMDC opened for subscriptions today. The offer comprises a net offer to the public of 330,500,000 equity shares of face value Re 1 each and a reservation of 1,743,200 equity shares for purchase by eligible employees. The offer will close on March 12, 2010. The price band for the issue [...]

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NMDC FPO –Avoid- Angel Securities

by free stock tips IPO

NMDC Follow on Public offer (FPO) opens on 10 March and closes on 12 March, 2010. The FPO entails issue of 33.2 crore equity shares priced in the band of Rs300-350. The company will raise between Rs9,900-11,600 crore depending on the cut-off price. The issue of 33 crore equity share by Government of India (GoI) [...]

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NMDC FPO price band at Rs 300-350 per share

by free stock tips IPO

The government has fixed the price band for the NMDC follow-on public offer at Rs 300-350 per share, at a discount of 12.9-25.3% to the current market price, reports CNBC-TV18′s Sajeet Manghat. Retail investors will get a further 5% discount in the issue. The government is understood to have fixed a price band of Rs [...]

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NMDC FPO price-band to be fixed on 8 March; issue opens 10 March

by free stock tips IPO

The FPO comprises a net offer to the public of 330,500,000 equity shares of face value of Re1 each Navratna public sector unit NMDC Ltd plans to tap the capital market with its FPO, offering for sale of shares for cash at a price to be determined by the book-building process. The issue is slated [...]

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