Moil Ipo Price For Retail Investor

Moil ipo price for retail investor

  1. Moderator
    Join Date
    Feb 2009
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    New Delhi
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    IPO Details - MOIL Limited

    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.

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    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.

    Stock Market

    10
    Issue Price: Rs. 340 - Rs.

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    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.

    Moil ipo price for retail investor

    This means as per CARE company has 'Strong fundamentals'.

    * SAFE
    Self Appointed Financial Expert



  2. PolicyWala Newbie
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    Capital Market Rating => 55/100

  3. PolicyWala Newbie
    Join Date
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    Will applying more than 1 lakh will create IT problem lateron?

    Your view.

    Annual Information Return (AIR) of 'high value financial transactions' is required to be furnished under section 285BA of the Income-tax Act, 1961 by 'specified persons' in respect of 'specified transactions' registered or recorded by them during the financial year.

    Moil ipo price for retail investor



    Point 5 - A Company issuing shares through public or rights issue.
    => Receipt from any person of an amount of one lakh rupees or more for acquiring shares issued by the Company.
    => The amount actually received from the transacting party and not the amount relating to allotment is to be reported.

    http://www.tin-nsdl.com/anninforeturn.asp


  4. PolicyWala Newbie
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    Go for it.

    Moil ipo price for retail investor

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  5. PolicyWala Expert
    Join Date
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    Kanpur
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    Can I apply for full 1,00,000/- or is there any lot system in this IPO?






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