Analysis and Insights into the world of IPOs and investing in India

Tuesday, November 30, 2010

MOIL IPO bid more than 11 times till 2 PM

MOIL IPO is subscribed about 11.29 times till 2 PM on November 30, 2010 as per data available on the NSE Website. The IPO would close for subscription for QIB Investors today and for all other categories of investors tomorrow, i.e. on Wednesday, December 1, 2010

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)

Stay tuned for more on Manganese Ore India IPO!
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