NMDC Limited Buy-Back Details

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.

NMDC is India's single largest iron ore producer, presently producing about 30 million tonnes 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). NMDC Projects have following accreditations
NMDC Limited Buy-Back Details
Date of Board Meeting for Buyback Proposal 08-01-2019
Date of Buyback Approval 08-01-2019
Date Public Announcement of Buyback 08-01-2019
Buyback Type Tender Offer
Buyback Record Date 18-01-2019
Buyback Opening Date 13-02-2019
Buyback Closing Date 27-02-2019
Buyback Amount ₹ 1000 Cr
Buyback Number of Share 10,20,40,815
Buyback Price ₹ 98 Per Share
Face Value ₹ 1
Holding Time 3 Months
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Profit acceptance Ratio
Buy 2040 Shares at CMP ₹ 91.20 [2,00,000/ 98 = 2040]
Acceptance Ratio 33% 50% 75% 100%
Buy Price ₹ 91.20 ₹ 91.20 ₹ 91.20 ₹ 91.20
Amount Invested in Buyback ₹ 1,86,048 ₹ 1,86,048 ₹ 1,86,048 ₹ 1,86,048
No. of Shares Buy 2040 2040 2040 2040
Earning Per Share ₹ 6.8 ₹ 6.8 ₹ 6.8 ₹ 6.8
No. of Shares Buy-Back 673 1020 1530 2040
BuyBack Profit ₹ 4577 ₹ 6936 ₹ 10404 ₹ 13872
Profit(%) - % - % - % - %
NMDC Limited Contact Details
Khanij Bhavan, Masab Tank, 
Hyderabad - 500028,
INDIA.
Grams:MINDEV
Corporate Identity Number (CIN) - L13100AP1958GOI001674
Tel No :- 040-23538713
Fax No :- 040-23538711
Website :- https://www.nmdc.co.in
Registrar of NMDC Limited
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