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Wednesday, December 1, 2010

MOIL IPO, which closes for subscription today, has been overbid by a tremendous 41.23 times till 2 PM on the closing day, as per data available on NSE website. The IPO has been steadily receiving a wonderful response from all the categories of investors right from its opening day.

According to the company's website, at present, MOIL operates 10 mines, six located in the Nagpur and Bhandara districts of Maharashtra and four in the Balaghat district of Madhya Pradesh. All these mines are about a century old

Stay tuned for latest subscription status updates on MOIL IPO!

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