MOIL Listing Date - Tomorrow

Your most awaited IPO is going to list in BSE & NSE tomorrow.

MOIL Limited IPO shares will list on Wednesday, December 15, 2010. Issue price of this IPO has been fixed at Rs 375/- per share. IPO was oversubscribed by 56.43 times (32.86 times in retail).

As per the analysis of the most of the analysts the fair price is around 500. In gray market also the transactions happening around 520. But if u remember the COAL INDIA case the fair price was 300 but touched 345 on the listing day. Now it is around 315.

We can expect the same scenario here. It may touch as high as 600. If so, book 50% of ur profits. U can buy after a week when it reached to its fair price.

 

 

IPO Listing Detail

Listing Date: Wednesday, December 15, 2010
BSE Scrip Code: 533286
NSE Symbol: MOIL
Listing In: 'B' Group of Securities
ISIN: INE490G01020
Issue Price: Rs. 375.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Click on the below link to find more detail about MOIL Limited IPO:

http://www.chittorgarh.com/ipo/ipo_detail.asp?a=282