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Tuesday, November 30, 2010

MOIL IPO overbid more than 5 times till 12 PM

MOIL IPO which closes for QIB Investors today, is overbid 5.22 times till 12:00 PM as per data available on NSE website. The Retail Category is also subscribed more than 3 times till 12 noon

MOIL (Manganese Ore India Limited) is India based producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the administrative control of the Ministry of Steel

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