After the success of the Coal India and PowerGrid issues, the government today said Manganese Ore

India (MOIL) will come out with its IPO on November 26 The Nagpur-based MOIL will hit markets
with IPO on November 26.MOIL will sell a total stake of 20 per cent, out of which the Centre's shares
will account for 10 per cent of the total equity.
Madhya Pradesh and Maharashtra governments will divest 5 per cent stake each in the undertaking.
Earlier, MOIL Chairman K J Singh had said the initial public offer (IPO) will consist of total 3.38 crore
shares.The government is aiming to raise up to Rs 1,500 crore through the MOIL IPO.