NMDC has filed a Draft Red Herring Prospectus (DRHP) for a Follow-on Public Offer(FPO) of 332,243,200 Equity Shares, having a Face Value Re.1/- each. The offer would comprise a net offer to the public of 330,500,000 equity shares and a reservation of 1,743,200 equity shares for purchase by eligible employees at a discount of 5% of the floor price
NMDC is a a Government of India fully owned public enterprise and a Navratna company, which is under the administrative control of the Ministry of Steel, Government of India. NMDC has the only mechanized diamond mine in the country with a capacity of 1.00 Lakh carats / annum at Panna
Details of NMDC FPO will be updated here later. Check back Indian IPO Blog for more on NMDC FPO!
Monday, January 25, 2010
NMDC to come up with an FPO, files DRHP with SEBI
Tags
# Company Profile
# Follow-on Public Offers
# IPO in 2010
# IPO News
# IPO Updates
# Issue Size
# National Mineral Development Corporation FPO
# NMDC FPO
# NMDC Limited FPO
# NMDC Ltd. FPO
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