Epic Research

Thursday, December 13, 2012

Epic Update : NMDC

Received bids for 68.7 crore shares (1.7 times issue size of 39.6 crore shares)
Indicative price – Rs 149.2/share, higher than floor price of Rs 147/share
FIIs bid for more than 1/3rd of the issue
LIC bid for around Rs 1200 crore in the issue.
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