NMDC FPO - Discount to Retail Investors - Indian IPO Blog

Sunday, February 28, 2010

NMDC FPO - Discount to Retail Investors

NMDC Ltd., a Government of India fully owned public enterprise, under the administrative control of the Ministry of Steel, Government of India, is coming up with a Follow-on Public Offer (FPO) of 332,243,200 Equity Shares of Face Value Re.1/- each

The Retail Individual Bidders and Eligible Employees will receive a 5% discount to the offer price determined pursuant to the completion of the book-building process

NMDC FPO opens for subscription from Wednesday, March 10, 2010 and would remain open for subscription till Friday, March 12, 2010

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