NMDC FPO Allotment Status - Indian IPO Blog

Friday, March 26, 2010

NMDC FPO Allotment Status

NMDC FPO Allotment Status is not yet available online. The link for NMDC FPO Allotment Status will be updated here as soon as it is made available online.

NMDC FPO had received feeble subscription from the Retail Category which was subscribed 0.22 times. The Issue Price for the FPO was fixed at Rs.300/- per equity share, which was also the floor price of the Price Band of Rs.300/- to Rs.350/- per equity share. Retail Investors would receive a 5% Discount on the Issue Price. Thus, Retail Investors would get Rs.15/- per equity share as discount on an Issue Price of Rs.300/- per equity share. Consequently, the Retail Investors would get Equity Shares at Rs.285/- per equity share

Update: NMDC FPO Allotment Status declared

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