MOIL Limited (Manganese Ore India Limited) is India based producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU.
MOIL Limited 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) to produce more then 1,093,363 tonnes of manganese ore.

Issue Detail:
Issue Open: Nov 26, 2010 - Dec 01, 2010
Issue Size: 33,600,000 Equity Shares of Rs. 10
Issue Price: Rs. 340 - Rs. 375 Per Equity Share

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

CARE has assigned an IPO Grade 5 to MOIL Limited IPO. This means as per CARE company has 'Strong fundamentals'.

Similar Threads: