Monday, March 08, 2010


Type of Issue : Book Built
Issue Opens: 10 March, 2010
Issue Closes: 12 March, 2010

Issue Size : 332,243,200(No. of Shares)

Lower Price Band: Rs.325
Upper Price Band: Rs.350

Total Issue Size: Rs.11,629 Crores

Application Multiple: 20 and in multiples there off starting with atleast 20 shares
Maximum Shares: 280 (for Retail)

Information URL:

Registrar to the Issue : KARVY COMPUTERSHARE PVT LTD

Company Background:

Incorporated in 1958 as a Government of India fully owned public enterprise. NMDC is under the administrative control of the Ministry of Steel, Government of India. Since inception involved in the exploration of wide range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands etc.

India's single largest iron ore producer and exporter, presently producing about 30 million tons of iron ore from 3 fully mechanized mines viz., Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State) and Donimalai Iron Ore Mines (Karnataka State) which are awarded ISO 9001-2000 certification.
NMDC has the only mechanized diamond mine in the country with a capacity of 1.00 lakh carats / annum at Panna ( Madhya Pradesh State ). The mine remained non-operational since 22.08.2005 as per the directives of MP Pollution Control Board. The issues have now been resolved and Sunsequently Panna Diamond Mine of NMDC, the only mechanized diamond mine in Asia, has been revived with the Hon’ble Supreme Court of India granting permission. Hon’ble Union Minister for Steel Sri Virbhadra Singh has rededicated the project in the service of the nation on 21st August 2009.
NMDC Ltd. Is an ISO 9001 certified R&D Centre, which has been declared as the "Centre of Excellence" in the field of mineral processing by the Expert Group of UNIDO.
Consistent profit making and dividend paying company.

NMDC has made valuable and substantial contribution to the National efforts in the mineral sector during the last five decades and has been accorded the status of schedule-A Public Sector Company. In recognition to the Company's growing status and consistent excellent performance, the Company has been categorized by the Department of Public Enterprises as "NAVRATNA" Public Sector Enterprise in 2008.
NMDC is presently producing about 22 million tonnes of iron ore from its Bailadila sector mines and 7 million tonnes from Donimalai sector mines.
Apart from iron ore NMDC is developing Magnesite mine in Jammu and Arki Lime Stone Project in Himachal Pradesh.

For Value addition NMDC is in the process of developing a 3 mtpa steel plant at Jagdalpur and 2 pellet plants at Donimalai (1.2 mtpa) and at Bacheli (2 mtpa). Besides, NMDC is also in the process of merger of Sponge Iron India Limited with plan for expansion to produce billets.

Besides iron ore, NMDC also plans to go for other minerals like Coal, Diamond, gold etc for which NMDC is looking forward for leases / buy properties from foreign countries directly / under Special Purpose Vehicle / Joint Ventures.

Company Details:

KHANJI BHAVAN, 10-3-311/A,
HYDERABAD - 500 173.

Tel : +91-40-23538757
Fax : +91-40-23538711

Email :
Website :

Labels: , ,