IPO

MOIL Ltd IPO

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Public offering of 33,600,000 equity shares of face value of Rs. 10 each (The Equity Shares) of MOIL Limited (MOIL or The Company) at a price of Rs. 375 per equity share, including a share premium of Rs. 365 per equity share (The Offer Price), aggregating to Rs. 1237.51 crores through an offer for sale for cash by The President of India, acting through the Ministry of Steel, Government of India, The Governor of the state of maharashtra acting through the industries, energy and labour department, Government of Maharashtra and The Governor of the state of madhya pradesh acting through the finance department, Government of Madhya Pradesh (individually a selling shareholder and collectively the selling shareholders). The offer comprises of a net offer to the public of 32,928,000 equity shares (The Net Offer) and a reservation of 672,000 equity shares for subscription by eligible employees (The Employee Reservation Portion). The offer and net offer shall constitute 20% and 19.60% of the paid-up equity share capital of the company, respectively. Offer price: Rs. 375 per equity share of face value of Rs. 10 each The offer price is 37.5 times of the face value.

MOIL Ltd IPO Subscription Details

Company

MOIL Ltd

Issue Type

(Book Built Portion)

Open Date

26 Nov

Close Date

01 Dec

Offer Price

375.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of MOIL Ltd IPO

Company Contact Information

MOIL Ltd IPO
MOIL Bhawan,
1-A Katol Road,
Nagpur, Maharashtra 440013.

Phone: 91-712-2806100/216
Email: compliance@moil.nic.in

MOIL Ltd IPO Register

Karvy Computershare Pvt Ltd

MOIL Ltd IPO Lead Manager(s)

  • Edelweiss Capital Ltd
  • IDBI Capital Market Services Ltd
  • J P Morgan India Pvt Ltd

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