ipo
MOIL IPO Allotment Status
UPDATE: We received 17 shares each in two accounts. The MOIL IPO allotment status is available at the link below. Also, the refund is deposited in our demat accounts immediately. MOIL IPO (Manganese Ore India Ltd) is planned to be listed on 15th (not 12th) December on NSE and BSE. The IPO allotment status will [...]
MOIL IPO Subscription – 33 Times in Retail Category
The retail portion of the initial public offering of MOIL was subscribed more than 32.86 times, making it the largest in terms of subscription multiples for any primary market offering this year. The MOIL issue, which closed today for retail and high net worth individuals, was subscribed 56.29 times, also one of the largest total [...]
MOIL IPO Analysis – Invest
Investors could consider applying to the IPO of Indian manganese producer MOIL India, which appears attractively priced given its quality ore reserves, low operating costs and booming domestic market. At the higher end of the offer price band with the retail discount factored in (Rs 356.25), the company would trade at an EV/EBIDTA ratio of [...]
MOIL IPO Price Band
The government has fixed a price band of Rs. 340-375 a share for raising up to Rs. 1,238 crore through initial sale of shares in Manganese Ore India Ltd (MOIL). The company will come out with its initial public offer between November 26 and December 1. MOIL hopes to raise total of Rs. 1,238 crore [...]
Power Grid FPO Analysis
Investors with a three-four year horizon can consider subscribing to the follow-on public offer of Power Grid Corporation. PowerGrid, the central transmission utility, wheels more than half the total power generated by power utilities in India. The issue size is Rs 8,400 crore (at current price) with part-disinvestment, part-fresh infusion. Out of the fresh equity [...]
Coal India Listing – Expect 15-30% Gains
Strong fundamentals, high investor interest and valuation estimates indicate good listing gains for the Coal India stock, say experts. This Thursday, all eyes will be on the listing of Coal India, the country’s largest IPO ever. The IPO has generated high investor interest, particularly in institutional investors, which is reflected in the over Rs 2,35,000-crore [...]
Buy Coal India on listing
Coal India IPO shared have been alloted with a 5% discount to retail investors. Is it priced fairly? Very fairly and there is tremendous amount of growth prospect. There are concerns about the huge losses that the subsidiary has but if you leave that aside and if you look at not from the listing point [...]
