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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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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
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