NMDC FPO likely in the second week of March, 2010 - Indian IPO Blog

Monday, February 15, 2010

NMDC FPO likely in the second week of March, 2010

NMDC FPO may hit the markets in the second week of March 2010. NMDC is a Government of India fully owned public enterprise and a Navratna company, which is under the administrative control of the Ministry of Steel, Government of India. NMDC has the only mechanized diamond mine in the country with a capacity of 1.00 Lakh carats / annum at Panna

Earlier, NMDC had filed a Draft Red Herring Prospectus (DRHP) for a Follow-on Public Offer(FPO) of 332,243,200 Equity Shares, having a Face Value Re.1/- each

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