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NMDC's $2.2 billion share sale, which closed on March 12, was subscribed 1.25 times, with most bids at the lower end of the Rs 300 to 350 price range.
NMDC issue priced at Rs 300 per share
Mar 15 2010 , Mumbai
NMDC Ltd said on Monday the government had set the issue price for the
company's follow-on share offer at Rs 300 each, while for retail investors and employees it would be Rs 285.
NMDC's $2.2 billion share sale, which closed on March 12, was subscribed 1.25 times, with most bids at the lower end of the Rs 300 to 350 price range.
NMDC's $2.2 billion share sale, which closed on March 12, was subscribed 1.25 times, with most bids at the lower end of the Rs 300 to 350 price range.
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