MMTC which had launched its OFS for 933.12 lac shares at a floor price of Rs 60 was subscribed. The issue received bids for 358.74 lac shares from non-institutional investors and 1083.86 lac shares from institutional investors. The total bids received were for 1442.61 lac shares and the issue was subscribed 1.54 times. The indicative […]
Posts Tagged ‘MMTC – OFS’
MMTC – OFS completed at a tad above floor price
June 15th, 2013
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MMTC – OFS Floor price fixed at Rs 60, discount of 71.62%
June 13th, 2013
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MMTC kicks of the divestment programme of the government for the financial year 2013-14. The government would be selling 933.12 lac shares at a floor price of Rs 60. The closing price of MMTC on BSE was Rs 211.45 and on NSE it was Rs 210.05. The floor price is a discount of 71.62% on […]
