Navratna PSU Giant mining company Largest iron ore producer FPO will open on 10th
Though it is FPO , since already Listed, but do have very low floating market shares. In 1996 1.62 % shares were allotted to LIC/FI (1.38%) and employees ( 0.14%) Rest 98.38% are owned by Gov.
now 8.38% is offered for disinvestment
Price band has been declared Rs 300 to 350
Retail Investors will get discount of 5%
Though it is FPO , since already Listed, but do have very low floating market shares. In 1996 1.62 % shares were allotted to LIC/FI (1.38%) and employees ( 0.14%) Rest 98.38% are owned by Gov.
now 8.38% is offered for disinvestment
Price band has been declared Rs 300 to 350
Retail Investors will get discount of 5%