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Shipping Corporation of India (SCI) is one of India’s largest shipping companies in terms of Indian flagged tonnage. This is a company owned by the Government of India based in Mumbai that operates and manages vessels that services both national and international lines.
“We propose to issue fresh equity to raise funds for our expansion plans. The details will be worked after obtaining approvals from the board and the Government,” said Mr Hajara, Chairman and Managing Director, SCI.
The Equity Shares would be offered in a price band of Rs.135/- to Rs.140/- per equity share.
It came out with public offer (FPO) of 8,46,90,730 equity shares and a reservation of up to 423,454 equity shares for subscription by eligible employees on November 30, 2010.
The company aims to raise over Rs 1,100 crore through the FPO.
The issue will close for subscription on 3rd December 2010.
MOIL Limited (Manganese Ore India Limited) is India based producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the administrative control of the Ministry of Steel.
MOIL Limited is the largest producer of manganese ore by volume in India. MOIL operate seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi) to produce more then 1,093,363 tonnes of manganese ore.
In addition to high, medium and low grade manganese ore, company produces manganese dioxide and chemical grade manganese ore. The major competitive strengths of the company are:
1. Largest producer of manganese ore in India with access to significant reserves;
2. Well positioned to capture the growth potential of the Indian steel industry;
3. Track record of growth and efficient operations;
4. Strategic location of the mines and
5. Strong capabilities for exploration, mine planning and research development.
Particulars For the year/period ended (in Rs. Millions)
31-Mar-10 31-Mar-09 31-Mar-08 31-Mar-07 31-Mar-06
Total Income 10,878.53 14,394.09 10,154.48 4,167.41 3,637.37
Profit After Tax (PAT)4,663.46 6,637.93 4,798.15 1,342.09 1,145.17
MOIL Limited IPO Grading / Rating
CARE has assigned an IPO Grade 5 to MOIL Limited IPO. This means as per CARE company has 'Strong fundamentals'.
Pai international lucky draw result sheet 2010 Online
Pai International Draw Results 2010 has been released online on 28 November 2010 at 5 Pm.
Pai International a leading brand of Consumer durables and electronic goods market in Karnataka started functioning in the year 2000. It Has has 25 full-fledged showrooms spreading all over Bangalore in the following areas:- Indiranagar, R.T.Nagar, Vijayanagar, Koramangala, Peenya,
Yelahanka, Marathahalli, Bannerghatta Main Road, HRBR Layout, Rajajinagar, Jayanagar and
LG Best Shop showrooms in other parts of Karnataka namely, Mangalore, Udupi, Bhatkal, Hubli, Hassan, Belgaum, Chikmagalur, Kundapur, Chitradurga & Girinagar.