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MOIL IPO : Price Band 340 – 375 Minimum Lot 17 Maximum 527

Price Band 340 – 375 Minimum Lot 17 Maximum 527 MOIL IPO is to hit the capital market with its initial public offering IPO 26 November 2010. The company has just come out with the price band and the Empowered Group of Ministers (EGoM) has fixed MOIL IPO price band at Rs 340-375, the company through its IPO is expected to raise Rs 1238 crore from the primary markets.

MOIL IPO Price Band Rs 340 – 375 per share /sources

Manganese Ore India Ltd (MOIL) has set a price band at 340 ti 375 a share for its Initial Public Offering The issue opens on November 26 and closes on December 1 IDBI Capital, Edelweiss Capital and JP Morgan are the lead managers to the IPO.

Check now Power Grid IPO Allotment Refund

Power Grid Corporation has finally credited the shares to the demat account on November 23, 2010 Those who have applied under ASBA have beenb debited only to the extent of shares allotted Maximum for retail category under Rs 1 lakh is 296 shares @ 85.50

IPO Coal India Ltd IPO Allotment status, listing

The initial public offering (IPO) of Coal India Ltd at Rs 225 to 245 per share was oversubscribed by 2.31 times by retail investors The empowered Group of Ministers (EGoM) headed by the Union Finance Minister, Pranab Mukherjee, met on October 25, 2010 and decided the issue price at Rs 245 a share. While the ratio of allotment status has not been announced, past experience taking into account number of times the IPO has been oversubscribed indicate the allotment ratio might be kept at 1 : 2

Coal India IPO fully subscribed on third day

On the strength of good response the Initial Public Offer (IPO) of Coal India IPO has been has been fully subscribed on October 19, 2010 the second day of the issue as per authoritative sources . The Company has received bids for 99.12 crore equity shares against which the issue size is 63.16 crore shares. Thus the portion reserved for QIBs has been subscribed to about 3.4 times.

Oberoi Realty Ltd. Oversubscribed 12 Times

Oberoi Realty Ltd., a Realty Company, predominantly engaged in developing residential projects in Mumbai has received tremendous response to its Initial Public Offering(IPO) of shares to the Indian Public. The company is backed by Morgan Stanley and offered 32.4 million shares against which the company received an overwhelming response at 12 times the issue size, bids for 393.5 million shares.

Tecpro listed Today Opening Debut at over 12% premium in BSE

Tecpro, an Engineering Company, which entered the Capital Market recently, with an Initial Public Offering (IPO) in the price band of Rs 340 – Rs 350 made a smart opening in the Bombay Stock Exchange (BSE) at 12.5 % over the issue price on Tuesday, October 12, 2010. The Company had raised Rs 268 crores through its IPO recently.
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