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NMDC PUBLIC OFFER
- Power Ministry awaits coal blocks' re-allocation before NTPC sale
The government has decided to re-allocate three coal blocks -Chatti-Bariatu, Kerandari and Chatti-Bariatu (South) to NTPC but all the neces...
- NTPC 9.5% stake sale likely on January 15,govt may get Rs 12,000 crore
The power generation company had reported a net profit of Rs 9,223.73 crore in the last fiscal as against Rs 9,102.59 crore in the 2010-11.
- NMDC seeks shareholders' nod for clause enabling share buyback
NMDC has sought shareholders' approval for amendment in its Articles of Association which will enable it to launch share buy-back offer.
- NMDC public offer subscribed 1.23 times
The follow-on public offer of state-run mining major NMDC got subscribed 1.23 times on the final day of issue today, as institutional inves...
- Govt can’t sell stake in PSUs for 1 year after public offer
The government will not be able to further reduce its equity stakes in state-owned NMDC, Satluj Jal Vidyut Nigam, Manganese Ore India, Hind...
- NMDC FPO price band at Rs 300-350
The government has fixed a price band of Rs 300-350 for the follow-on public offer of mining giant NMDC.
- Investors brace up for three public offerings this week
The public issue of NMDC Ltd, country's largest iron ore producer, is expected to mop up Rs 10,000 cr- Rs 12,000 cr.
- Suspend trading in NMDC, say bankers
Investment bankers have recommended to the government that trading in the company’s scrip should be suspended as soon as the price band for...
- NMDC files final papers for FPO with RoC
State-run mining major NMDC Ltd on Monday said it has filed final papers for its proposed follow- on public offer, through which the govern...
- Heard on the street: Punters ramp up NMDC ahead of FPO
The run-up in the share price of the NMDC counter over the past week has once again raised the bogey about valuations among investment bank...
- NMDC may file revised draft papers for selloff soon
The state-run mining major NMDC is likely to file a revised set of papers for its follow-on- public offer with the Securities and Exchange ...
- NMDC, REC file papers with regulator for follow-on issues
Kicking off the divestment process in the new year, the mining major National Mineral Development Corporation (NMDC) and Rural Electrificat...
- NMDC likely to file for FPO tomorrow, may mop-up Rs 20,000-cr
The state-owned mining giant NMDC is set to file the draft prospectus with the market regulator SEBI tomorrow for its estimated Rs 20,000-c...
- Govt to disinvest 8.4% in NMDC via public offer
The government is hoping to raise over Rs 23,000 crore from the disinvestment of NMDC. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), N...
- Two-phased NMDC selloff to fetch 18k cr
The government is looking to divest in two phases a significant portion of its equity in the state-owned mining company NMDC and also allow...
- Two-phased divestment of NMDC on the anvil
India’s biggest mining company, will tap the capital market in two phases. The government will first divest 8.38% of its equity stake throu...
- Govt plans two-phase divestment in NMDC
State-owned NMDC will tap the capital market in two phases. The government will first divest 8.38% of its equity stake through an IPO in th...