MOIL listing price has been fixed at Rs 375. And since the listing the share price of MOIL Ltd has not turned back. Its rising and rising.
The share price of MOIL has roared to as high as Rs 591 and at present its fluctuating around Rs 511 to Rs 515.
So the investor seems quite happy with the performance of public sector mining company shares which made its debut today.
As per the NSE website, MOIL IPO was subscribed by 56.43 times and it got total bids for over 1896,149,230 shares as against 33,600,000 shares on offer. It was a whooping Rs 1238 crore IPO.
