MOIL Ltd IPO

Closed

IPO Subscription Details

  • Open Date 26 Nov
  • Close Date 01 Dec
  • Lot Size 17
  • IPO Size ₹ 1237.51 Cr
  • IPO Price Range ₹ 375
  • Min Investment ₹ 6375

IPO Synopsis

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.

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of MOIL Ltd IPO

Contact Information

Address

MOIL Bhawan,
1-A Katol Road,
Nagpur, Maharashtra 440013