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

Wednesday, December 8, 2010

MOIL IPO Allotment Status expected soon

MOIL IPO Allotment Status is expected to be declared soon. Stay tuned for latest updates!

Manganese Ore India IPO had been finally oversubscribed 56.43 times with extraordinary subscription figures in all categories of investors. The IPO has received bids for 707771795 Equity Shares in the HNI Category as against 4939200 Equity Shares reserved for the category, thus making the HNI Category bid by a gigantic 143.2968 times. The response from the QIB and Retail Categories had also been overwhelming, with the QIB Category getting bid 49.16 times, while the Retail Category receiving bids for 378678774 Equity Shares as against 11524800 Equity Shares reserved for the category, thus taking the oversubscription figure in the Retail Category to 32.86 times

Update: Manganese Ore India (MOIL) IPO Allotment Status for ASBA Applicants


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