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Track all the latest updates and news of Resurgere Mines & Minerals IPO.
March 4, 2018 6:29:00 PM
Resurgere Mines and Minerals India has reported a standalone sales turnover of Rs 0.25 crore and a net loss of Rs 13.71 crore for the quarter ended Dec '13 Resurgere Mines standalone Sep '13 sales ...
Published by : moneycontrol.comNovember 12, 2024 3:30:00 AM
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Published by : MorningstarApril 14, 2018 8:08:00 AM
Resurgere Mines and Minerals India has reported a standalone sales turnover of Rs 0.25 crore and a net loss of Rs 13.71 crore for the quarter ended Dec '13 Resurgere Mines standalone Sep '13 sales ...
Published by : moneycontrol.comResurgere Mines & Minerals India Ltd IPO Shares listing Day Trading Information at BSE:
Issue Price: Rs. 270/-
Open: Rs. 272.05/-
Low: Rs. 272.05/-
High: Rs. 562.80/-
Last Trade: Rs. 524.35/-
Volume: 33,197,409
Resurgere Mines & Minerals India Ltd IPO Listing Info:
IPO Listing Date: Monday, September 01, 2008
BSE Script Code: 533017
NSE Symbol: RESURGERE
Listing in: 'B' Group of Securities
ISIN: INE774I01015
Issue Price: Rs. 270/- per share
Face Value: Rs 10/- Per Equity Share
IPO Allotment Status is now available online for Resurgere Mines & Minerals India Ltd IPO.
Resurgere Mines & Minerals India Limited IPO was open on August 11, 2008 and closed on August 13, 2008. IPO was oversubscribed by 1.16 times (0.3967 times in retail).
Visit / to check your application status, Resurgere Mines & Minerals India Ltd IPO Listing Date, Resurgere Mines & Minerals Grey Market Premiums and Resurgere Mines IPO latest news.
Resurgere Mines & Minerals India Limited IPO oversubscribed by 1.16 times. Non Institutional category oversubscribed around 2.4129 times while Qualified Institutional Buyers (QIBs) quota subscribed 1.3401 times.
Retail Individual Investors (RIIs) category oversubscribed 0.3967 times and Employees category oversubscribed 1.0004 times.
Resurgere Mines & Minerals India Limited - Bid details
| Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
| 1 | Qualified Institutional Buyers (QIBs) | 2520000 | 3377120 | 1.3401 |
| 1(a) | Foreign Institutional Investors (FIIs) | 2914360 | ||
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | 360 | ||
| 1(c) | Mutual Funds | 12400 | ||
| 1(d) | Others | 450000 | ||
| 2 | Non Institutional Investors | 420000 | 1013400 | 2.4129 |
| 2(a) | Corporates | 831800 | ||
| 2(b) | Individuals (Other than RIIs) | 177920 | ||
| 2(c) | Others | 3680 | ||
| 3 | Retail Individual Investors (RIIs) | 1260000 | 499800 | 0.3967 |
| 3(a) | Cut Off | 409480 | ||
| 3(b) | Price Bids | 90320 | ||
| 4 | Employee Reservation | 250000 | 250100 | 1.0004 |
| 4(a) | Cut Off | 100 | ||
| 4(b) | Price Bids | 250000 |
Incorporated in 1987, Resurgere Mines & Minerals India Limited (Formerly Exfin Shipping (India) Ltd.) is presently engaged in the business of extraction and processing of iron ore products ie lump ore and size ore, and is predominantly a manufacturer of calibrated lump ore (CLO) and Iron Ore Fines. The company is also engaged into merchant export of iron ore fines to China.
Resurgere Mines & Minerals India Ltd is entering in the capital markets with an initial public offering, IPO of 44,50,000 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs. 263/- at lower level and Rs. 272/- at upper level for equity share of Rs. 10/-. The issue opens on August 11 ,2008, and closes for subscription on August 13, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Resurgere Mines & Minerals IPO is proposed to open on August 11, 2008. The IPO application ends on August 13, 2008.
Retail investors can apply in the retail or non-institutional investor category from August 11, 2008 to August 13, 2008. The Resurgere Mines & Minerals IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Resurgere Mines & Minerals IPO will open for subscription on August 11, 2008. The public issue will close on August 13, 2008.
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