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NMDC Limited FPO (NMDC FPO) Detail

Mar 10, 2010 - Mar 12, 2010

Incorporated in 1958, NMDC Ltd is a fully Government of India owned public enterprise. NMDC is under the administrative control of the Ministry of Steel, Government of India. NMDC involved in the exploration of wide range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands etc.

NMDC is the India's single largest iron ore producer and exporter, presently producing about 30 million tons of iron ore from 3 fully mechanized mines viz., Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State) and Donimalai Iron Ore Mines (Karnataka State) which are awarded ISO 9001-2000 certification. NMDC has the only mechanized diamond mine in the country with a capacity of 1.00 lakh carats / annum at Panna ( Madhya Pradesh State ). Apart from iron ore NMDC is developing Magnesite mine in Jammu and Arki Lime Stone Project in Himachal Pradesh.

In the past, NMDC had developed many mines like Kiriburu, Meghataburu iron ore mines in Bihar , Khetri Copper deposit in Rajasthan, Kudremukh Iron Ore Mine in Karnataka, Phosphate deposit in Mussorie, some of which were later handed over to other companies in public sector and others became independent companies.

Objects of the Issue:

This is an offer for sale of 332,243,200 Equity Shares by the GoI representing 8.38% of the outstanding Equity Share capital of the Company as a part of the decision of GoI to divest part of its shareholding in our Company. This being an offer for sale, the Company shall not receive any proceeds of this Offer and all the proceeds shall be received by the Selling Shareholder.

NMDC FPO Details

IPO Opening Date Mar 10, 2010
IPO Closing Date Mar 12, 2010
Issue Type Book Built Issue FPO
Face Value ₹1 per equity share
IPO Price ₹300 to ₹350 per equity share
Market Lot 20 Shares
Min Order Quantity 20 Shares
Listing At BSE, NSE
Issue Size332,243,200 Eq Shares of ₹1
(aggregating up to ₹9,930.45 Cr)

NMDC FPO Lot Size

The NMDC FPO market lot size is 20 shares. A retail-individual investor can apply for up to 28 lots (560 shares or ₹196,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 20 ₹7,000
Maximum 28 560 ₹196,000

NMDC FPO Subscription Status (Bidding Detail)

The NMDC FPO is subscribed 1.25 times on Mar 12, 2010 19:30. The public issue subscribed 0.22 in the retail category, 2.28 in the QIB category, and 0.22 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB

2.28

NII

0.22

RII

0.22

Employee

0.07

Total

1.25

NMDC FPO Prospectus

NMDC FPO Rating

347
3.6
Rating:Rated 3.6 stars
Vote Here ...

NMDC FPO Listing Date

Listing Date Tuesday, March 30, 2010
BSE Script Code 526371
NSE Symbol NMDC
Listing In A Group of Securities
ISIN INE584A01023
IPO Price ₹300 per equity share
Face Value ₹1 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹300.00
₹286.00
₹286.00
₹300.30
₹294.65
NSE
₹300.00
₹286.50
₹286.00
₹300.40
₹294.50

Company Contact Information

NMDC Limited
Khanij Bhavan, 10-3-311/A,
Castle Hills, Masab Tank,
Hyderabad – 500 173, Andhra Pradesh
Phone: +91 40 2353 8757
Email: divest2010@nmdc.co.in
Website: http://www.nmdc.co.in

NMDC FPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: nmdc.ipo@karvy.com
Website: https://karisma.kfintech.com/

NMDC FPO FAQs

NMDC FPO is a main-board FPO of 332,243,200 equity shares of the face value of ₹1 aggregating up to ₹9,930.45 Crores. The issue is priced at ₹300 to ₹350 per equity share. The minimum order quantity is 20 Shares.

The FPO opens on Mar 10, 2010, and closes on Mar 12, 2010.

KFintech Private Limited is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.

The NMDC FPO opens on Mar 10, 2010 and closes on Mar 12, 2010.

NMDC FPO lot size is 20 Shares and the minimum order quantity is 20 Shares.

You can apply in NMDC FPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for NMDC FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the NMDC FPO allotment status.

The NMDC FPO listing date is on Tuesday, March 30, 2010.

NMDC FPO Message Board

Ranked Members  Ranked Members

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919. PetPet |Jun 20, 2010 01:09


Hi everyone. I'm new here so I just wanted to say hi
918. viskarma |Jun 4, 2010 18:41
aaj ki taja kabar NHPC,NMDC,NTPC,SJVNL may barat ki janta ka khoon penay kay baad ,govt. nay listed co.s kay liyay 25% public holding ki baat ki hi, shree ganesh,embi polimer,india bull power,jaise tammaam co.,s ko loot ki kuli chot, andher nagri caupat raja taka sare baji taka sare kaja?
917. no breaking news yet |May 5, 2010 17:27
will ever NMDC FPO shares get listed in the market or govt afraid of listing.. funny ..
916. Nayak |Apr 27, 2010 17:37
NMDC HOLDING (Quarter Ended March 2010) http://gujarati.bseindia.com/shp/shp_new.aspx?scripcd=526371&qtrid=65
FII- (5992344) 0.15%
LIC -(196858195) 4.97%
Promoter and Promoter Group-(3568418180) 90%
NMDC Any Time 400/- to 500/-
915. Siyaram |Apr 23, 2010 17:00
Itni high market may NHPC aisay gir raha hi jaisay iske ijat loot gai ho.
914. syam |Apr 22, 2010 12:17
NHPC,NTPC,SJVNL ko ariss infara say sabak layna chahiy,in psus ka management 3rd class ka hi,govt ko turant in cos kay management ko hata kar Ariss infara kay management kay haath may dena chahiya.
913. ntpc ka mara |Apr 22, 2010 10:59
Kitna bakwas stock hai NTPC sala ek din ek rupye upar jata hai fir 50 paise 4 din niche jata hai 1 saal se 201 se 210 pe hai bhikari government ek rupya bhi nahi kamaya maine, I am losing patience on this stock. Selling with loss. ye asia ki sabse badi power company ki halat hai hey bhagwan, NTPC ne pizza behana start kar dena chahiye.
912. Desraj |Apr 21, 2010 08:07
It is internal news that NHPC kay promoters investors ka paisa loot kar bhagnay walay hi.
911. R.Paal |Apr 20, 2010 10:28
T.C,you are 100% correct , it is official report form news papers that desh say loota gaya and chura gaya 50 lakh carors rs. Swish bank may jama hi, yah kaun loog hi, and govt. Inko bacanay may kiyo lagi hi yah batanay ke jarorat nahi.
910. T.C |Apr 20, 2010 10:19
NHPC, govt. Loot lo aisa mauka nahi milayga. Jisnay tumhari govt. Banwai use ko loot liya, waah ray swis culture.
909. Sadiq |Apr 19, 2010 19:11
NMDC will fall 10% tomorrow. Short sell NMDC tomorrow.
908. Raghu |Apr 19, 2010 15:43
http://www.moneycontrol.com/news/business/price-hike-effectinidan-cos-to-be-lesser-nmdc_452340.html

NMDC will trade above 400 in a span to 6 months, because of the monopoly it has on Iron Ore prices. What ever said on this issue, it is Leader in Iron Ore Mining and it will command hugh premium. Also the price hike of 80-90% makes the stock still more attractive.

Once the Market recovers, NMDC is sure to cross 320 strongly.
907. Sanjay |Apr 19, 2010 14:52
People like ipoexpert and gem ipo who said nmdc will be below 250 have fallen on their face and it is a tight slap on their faces.
Even today when there is heavy selling NMDC is above 290.
906. Mihir Patel |Apr 16, 2010 12:38
TO 898.

i don't know abt SJVNL,
but SAIL is a very good company with great cash on hand.

after fixing price band of SAIL do proper homework, it could give good return.
905. Mihir Patel |Apr 16, 2010 12:32
if u find govt. companies valuation is expensive simply don't apply..

why u people creating panic.
904. Parminder SIngh |Apr 16, 2010 01:19
I have 100 shares of DQ Entertainment Can u plz help me that will I Hold that shares or not.

903. J.K |Apr 15, 2010 16:53
Govt. Ka 1 he nara hi,NHPC ke tarah public ko looto swyis bank humara hi.
902. DONT MISS THE OPPORTUNITY |Apr 15, 2010 12:01
BUY NTPC FRIENDS DUE TO FOLLOWING REASONS

Current Price at Rs 210 with 19 PE. Whereas Private players carry a PE of 25. Therefore fundamental price ought to be Rs 260.
Capacity increase by 2017 will be 75k from 17k currently in production. This means that the profits will be leveraged many times over and to the minimum extent of 5 times. This translates into a share price of Rs 1147. I expect this price journey to commence from next quarter, and current price at least Rs 400 by the end of this Year.
901. Fundamentals |Apr 15, 2010 11:55
BUY NTPC, regular dividend paying company, invest in short long, this is very big company even bigger than reliance, so accumulate this at a fair price, this stock is at discount, even if market falls this stock will not go down much, so the downside risk is low, so it is very safe investment
900. Swaminatan |Apr 15, 2010 09:24
It is internal news that POWER GRID will cross rs.180 within 2 month, 70000 carors lone prosses aproved by govt .and power grid told govt. No need of fpo, fiis and brokers are acumulating this stock.