MOIL Limited, which listed on the exchanges today, opened at a hefty Rs.565/- per share on the NSE as against an Issue Price of Rs.375/- per share, i.e. at a premium of Rs.190/- per share or about 50.66% on the Issue Price

However, the strength could not quite be sustained for long as it drifted down to sub 550 levels in opening few minutes of trade and eventually slipped below the 500 mark by about 1:30 PM on the BSE. It touched an Intra-day high of Rs.591.05 and an Intra-day low of Rs.458.50 before closing the listing day at Rs.466.50 per share

MOIL Limited (Manganese Ore India Limited) is a 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

MOIL Ltd. IPO had opened for subscription from Friday, November 26, 2010 and was assigned an IPO Grade 5/5 by credit rating agency CARE

The Equity Shares of MOIL Limited listed on the NSE at Rs.565/- per share. The Issue Price was fixed at the higher end of the price band at Rs.375/- per equity share. Retail Investors and Employees were offered a discount of 5% on the issue price, the Issue Price for them therefore being Rs.356.25


MOIL Limited (Manganese Ore India Limited) is a 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

MOIL Ltd. IPO had opened for subscription from Friday, November 26, 2010 and was assigned an IPO Grade 5/5 by credit rating agency CARE

The Retail Category for MOIL Limited IPO was subscribed to the extent of 31.59 times. The total number of shares allotted in Retail Individual Investor category is 11,634,647 Equity Shares which were allotted to 684391 successful applicants. The category-wise details of the Basis of Allocation are as under:

No. of Sh Applied		No. of Sh Allotted		Ratio
17		17		1:31
34		17		3:47
51		17		2:21
68		17		6:47
85		17		6:37
102		17		6:31
119		17		7:31
136		17		8:31
153		17		9:31
170		17		10:31
187		17		6:17
204		17		13:34
221		17		13:31
238		17		15:34
255		17		9:19
272		17		1:2
289		17		19:35
306		17		19:33
323		17		20:33
340		17		7:11
357		17		2:3
374		17		23:33
391		17		8:11
408		17		29:38
425		17		26:33
442		17		43:53
459		17		28:33
476		17		51:58
493		17		10:11
510		17		31:33
527		17		49:50

ISIN: INE490G01020
IPO Listing Date: Wednesday, December 15, 2010
BSE Scrip Code: 533286
NSE Symbol: MOIL
Listing Group: 'B' Group of Securities
Issue Price: Rs. 375.00 per equity share (Rs.356.25/- for Retail and Employees category)

The Equity Shares of Manganese Ore India Limited (MOIL) will be listed and admitted to the dealings on the exchanges with effect from Wednesday, December 15, 2010 in the 'B' Group of Securities.

The Equity Shares under the IPO were offered in a price band of Rs.340/- to Rs.375/- per equity share with a Discount of 5% on the final issue price for Retail and Employees categories. The Issue Price was fixed at the upper end of the price band at Rs.375/- per equity share. Consequently, the Issue Price for Retail and Employees categories was Rs.356.25/- per share

Check back Indian IPO Blog for Manganese Ore India Limited (MOIL) Listing Price and more on Manganese Ore India Limited!

The status of refund for applicants of Manganese Ore India Ltd. (MOIL) IPO can be checked at the Registrar's website at the link provided below. Manganese Ore India IPO was oversubscribed 56.43 times on an overall basis and by an enormous 32.86 times in the Retail Category

MOIL Limited (Manganese Ore India Limited) is a 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

Click here to check MOIL IPO Refund Status now

Updates:
- MOIL Limited debuts at a handsome premium of 50% over Issue Price
- MOIL Limited premium cools off to 24% by the close of Listing Day

Manganese Ore India (MOIL) IPO Allotment Status is now declared online and can be checked at following link:

Click here to check your status now

MOIL Limited (Manganese Ore India Limited) is a 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

Related post: Manganese Ore India (MOIL) IPO Refund Status

MOIL IPO Allotment Status has not yet been declared online on the Registrar's website. However, ASBA Applicants can ascertain their allotment status by examining their bank accounts, which would be debited by the respective amount in case of allotment, or the entire amount would be unblocked / lien lifted in case of non-allotment

Manganese Ore India IPO was oversubscribed 56.43 times on an overall basis and by an enormous 32.86 times in the Retail Category

MOIL Limited (Manganese Ore India Limited) is a 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

Updates:
- Manganese Ore India (MOIL) IPO Allotment Status declared
- Manganese Ore India (MOIL) IPO Refund Status

Manganese Ore India (MOIL) IPO Allotment Status can be ascertained by ASBA Investors by checking their bank accounts, in which the respective amounts for the number of shares allotted would be debited. In case where no shares are allotted, the full amount would be unblocked / lien lifted

Manganese Ore India (MOIL) IPO Allotment Status is expected to be declared online in a short while. Check back this post frequently for latest updates on MOIL IPO Allotment Status!

Updates:
- Manganese Ore India (MOIL) IPO Allotment Status declared
- Manganese Ore India (MOIL) IPO Refund Status

MOIL IPO Allotment Status is expected to be out shortly. Stay tuned for the latest updates!

The Retail Category for MOIL Limited IPO was subscribed to the extent of 31.59 times. The total number of shares allotted in Retail Individual Investor category is 11,634,647 Equity Shares which were allotted to 684391 successful applicants. The category-wise details of the Basis of Allocation are as under:

Category	No. Of Applications	% to total	Total No. of Equity Shares applied	% of total	No. of Equity Shares allocated	Ratio	Total No. of Equity Shares allocated
17	51072	4.01	868224	0.24	17	1:31	27999
34	58457	4.59	1987538	0.54	17	3:47	63427
51	51212	4.02	2611812	0.71	17	2:21	82909
68	44626	3.50	3034568	0.83	17	6:47	96849
85	32152	2.52	2732920	0.74	17	6:37	88638
102	47530	3.73	4848060	1.32	17	6:31	156383
119	29428	2.31	3501932	0.95	17	7:31	112965
136	46178	3.62	6280208	1.71	17	8:31	202589
153	12357	0.97	1890621	0.51	17	9:31	60996
170	32379	2.54	5504430	1.50	17	10:31	177565
187	13878	1.09	2595186	0.71	17	6:17	83266
204	24225	1.90	4941900	1.34	17	13:34	157471
221	7966	0.63	1760486	0.48	17	13:31	56797
238	8559	0.67	2037042	0.55	17	15:34	64192
255	304774	23.92	77717370	21.15	17	9:19	2454239
272	49404	3.88	13437888	3.66	17	1:2	419934
289	6877	0.54	1987453	0.54	17	19:35	63461
306	7944	0.62	2430864	0.66	17	19:33	77758
323	4044	0.32	1306212	0.36	17	20:33	41667
340	12660	0.99	4304400	1.17	17	7:11	136952
357	3200	0.25	1142400	0.31	17	2:3	36261
374	3734	0.29	1396516	0.38	17	23:33	44234
391	6011	0.47	2350301	0.64	17	8:11	74324
408	7386	0.58	3013488	0.82	17	29:38	95829
425	5242	0.41	2227850	0.61	17	26:33	70210
442	2148	0.17	949416	0.26	17	43:53	29631
459	2447	0.19	1123173	0.31	17	28:33	35292
476	2309	0.18	1099084	0.30	17	51:58	34510
493	1984	0.16	978112	0.27	17	10:11	30668
510	9925	0.78	5061750	1.38	17	31:33	158491
527	384102	30.14	202421754	55.07	17	49:50	6399140

The details of the allocation made would be hosted on the website of Registrar to theOffer, Karvy Computershare Private Limited at http://karisma.karvy.com 


Updates:
- Manganese Ore India (MOIL) IPO Allotment Status for ASBA Applicants
- MOIL IPO Allotment Status not yet declared online, expected to be out soon
- Manganese Ore India (MOIL) IPO Allotment Status declared
- Manganese Ore India (MOIL) IPO Refund Status
- MOIL Limited IPO - Basis of Allotment for Retail Category (Summarized)

Manganese Ore India IPO Allotment Status is expected to be declared online within a few hours. The link for Manganese Ore India IPO Allotment Status would be updated in this post as soon as the same is made available online.

ASBA Applicants can check their bank accounts as they can know the status early since lien/blocked amount would be lifted and amount for number of shares allotted would be debited from their bank accounts

Manganese Ore India IPO was oversubscribed 56.43 times on an overall basis and by an enormous 32.86 times in the Retail Category. Hence, the allotment is expected to be quite tough

Check back this post frequently for latest updates on Manganese Ore India IPO Allotment Status!

Updates:
- Manganese Ore India (MOIL) IPO Allotment Status for ASBA Applicants
- Manganese Ore India (MOIL) IPO Allotment Status declared
- Manganese Ore India (MOIL) IPO Refund Status

Manganese Ore India IPO has 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 has 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

MOIL Limited (Manganese Ore India Limited) is a 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

MOIL Ltd. IPO had opened for subscription from Friday, November 26, 2010 and was assigned an IPO Grade 5/5 by credit rating agency CARE

QIB: 49.16 times
Non-Institutional Investors: 143.30 times
Retail: 32.86 times
Employees: 0.57 times
Overall: 56.43 times

Manganese Ore India Ltd. IPO has been overbid 56.43 times till 10 PM on the closing day, i.e. December 1, 2010, as per data available on the NSE website. The Retail Category is also oversubscribed by about 28 times. Manganese Ore India Ltd. (MOIL) IPO was overbid by 29.10 times on an overall basis till Day 3, November 30, 2010

Manganese Ore India Ltd. is the largest producer of manganese ore by volume in India. MOIL operate seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi)

Check back Indian IPO Blog for category-wise subscription status of Manganese Ore India Ltd. IPO!

MOIL IPO has been oversubscribed by 56.02 times on overall basis as per data available on the NSE website till 1900 hrs IST on Wednesday, December 1, 2010. The Retail Category has been oversubscribed by an amazing 26.85 times.

Check back Indian IPO Blog for the final and category-wise subscription statistics of MOIL IPO!

Update: MOIL IPO Bidding Status till 10 PM on December 1, 2010

MOIL IPO is now overbid more than 54.61 times on an overall basis till December 1, 2010 1700 hrs IST as per data available on the NSE website

The response in the Retail Investors has also been enormous with the category overbid by atleast 18 times till 3 PM on the closing day. MOIL IPO had already received a marvelous response from the Retail Investors with the subscription in the category standing at 10.86 times till Day 3

Update:  MOIL IPO overbid 56.02 times till 1900 hrs IST on closing day

MOIL IPO has been receiving astounding response and is now overbid more than 47.61 times on an overall basis till December 1, 2010 1500 hrs IST as per data available on the NSE website

The response in the Retail Investors has also been enormous with the category overbid by atleast 18 times till 3 PM on the closing day. MOIL IPO had already received a marvelous response from the Retail Investors with the subscription in the category standing at 10.86 times till Day 3

Stay tuned to Indian IPO Blog for category-wise final subscription status of Manganese Ore India IPO!

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!

Manganese Ore India Ltd. IPO closes for subscription today. The IPO has received an astounding response from the QIB Category, the subscription for which closed yesterday, i.e. on Tuesday, November 30, 2010, when the IPO was bid 49.16 times in the QIB Category

MOIL IPO has already received a marvelous response from the Retail Investors as well till now with the subscription in the category standing at 10.86 times till Day 3, which is expected to get boost today, being the closing day for the IPO

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 the latest updates on MOIL IPO!

Update: MOIL IPO Bidding Status till 10 PM on December 1, 2010

Manganese Ore India IPO has been oversubscribed by a remarkable 29.10 times on an overall basis till Tuesday, November 30, 2010. The IPO has received a gigantic response in the QIB Category, which is overbid 49.16 times, receiving bids for 809312438 Equity Shares as against 16464000 Equity Shares reserved for the category

The response from the Retail Category has also been marvelous already with the category overbid 10.86 times, receiving bids for 125150362 Equity Shares as against 11524800 Equity Shares reserved for the Retail Investors. MOIL IPO closes for subscription tomorrow, i.e. Wednesday, December 1, 2010

MOIL is the largest producer of manganese ore by volume in India. MOIL operate seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi)

Visit Indian IPO Blog for the latest subscription status updates on MOIL IPO!