MOIL Ltd - Prospectus Synopsis

MOIL Ltd RHP

Registered Office : MOIL Bhawan , 1-A Katol Road , Nagpur - 440013 , Maharashtra , India.

Phone : 91-712-2806100/216  Fax : 91-712-2591661

Email : compliance@moil.nic.in    Website : www.moil.nic.in

Public offering of 33,600,000 equity shares of face value of Rs. 10 each (The Equity Shares) of MOIL Limited (MOIL or The Company) at a price of Rs. 375 per equity share, including a share premium of Rs. 365 per equity share (The Offer Price), aggregating to Rs. 1237.51 crores through an offer for sale for cash by The President of India, acting through the Ministry of Steel, Government of India, The Governor of the state of maharashtra acting through the industries, energy and labour department, Government of Maharashtra and The Governor of the state of madhya pradesh acting through the finance department, Government of Madhya Pradesh (individually a selling shareholder and collectively the selling shareholders). The offer comprises of a net offer to the public of 32,928,000 equity shares (The Net Offer) and a reservation of 672,000 equity shares for subscription by eligible employees (The Employee Reservation Portion). The offer and net offer shall constitute 20% and 19.60% of the paid-up equity share capital of the company, respectively. Offer price: Rs. 375 per equity share of face value of Rs. 10 each The offer price is 37.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Nov-2010 01-Dec-2010 Rs 375 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 17 Further Multiples of : 17
  Rs Cr Lead Managers to the Issue
Project Cost 0 Edelweiss Capital Ltd
Project Financed through Current Offer 1237.51  
Post Issue Equity Share Capital 168  
Issue Price Rs. 375  
Projects
Promoted By Listing At Registrar to the Issue
The President of India
Mumbai Karvy Computershare Pvt Ltd
 

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