MOIL IPO opens on Nov 26, price band to be announced on Nov 23 - The Economic Times

On first floor.........Image by Himalayan Trails via Flickr
Public sector undertaking Manganese Ore India Limited (MOIL), which is offering initial public offer of 33,600,000 equity shares of Rs10 each for sale on November 26 will announce the price band on November 23.

The price band and the minimum bid lot will be decided on November 23 by the company, which would be advertised two working days prior to the opening date, MOIL CMD K J Singh told reporters here today.

He said the offer comprises a net offer to the public of 32,928,000 equity shares and reservation of 6,72,000 equity shares for subscription by eligible employees.

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