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NMDC issue priced at Rs 300, retail gets it for Rs 285
State-run miner NMDC 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.
State-run miner NMDC 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 USD 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 Rs 350 price range.
