Moil Ipo Price Band: the public sector in manganese ore India Ltd. (SWOT), who provided the initial public offering of 33.6 million shares of Rs 10 each for sale on November 26 and announce the price range on November 23.
Singh said SWOT CMD KJ will be decided on the price band and the lot minimum bid on November 23 by the company, which would be announced on the work of two days before the opening date, told reporters here today ' hui.
He said the offer includes a public offer shares and a net 32928000 6,72,000 shares reserved for subscription by eligible employees.
We will end on November 30 qualified institutional buyers on December 1 for retail bidders and non-institutional.
The disinvestment minister, Government of India Sumit Bose will be the fifth SWOT during the current fiscal year for submission to admit IPO and the company 50, the stock market.
So far this year the government raised Rs 21,000 crore in four previous IPOs, including Rs 15,000 crore for Coal India.
There are 276 public sector projects, but did not withdraw their investments. Therefore, the investigation undertaken by the Council of Ministers of the Union will go for disinvestment.
Added boss shipping, energy and steel ONGC) and other companies to complete the formalities for IPOs before the end of the year.
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