SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

MMTC launches one day OFS at floor price of Rs 60

13 Jun 2013 Evaluate

MMTC has launched its one-day offer-for-sale (OFS) at a floor price of Rs 60, which represents 72% discount to its closing price of Rs 211.45 on June 12. The government will kick start its divestment programme for this fiscal with a 9.33 per cent stake sale in MMTC, which may fetch the Center around Rs 600 crore.

For the year ended March 31, 2013, the company has reported a net loss of Rs 70.62 crore in FY13 as against a net profit of Rs 70.72 crore in previous years.  Total income from operations of the company has decreased to Rs 28916.27 crore as compared to Rs 67051.89 crore in FY12, down by 56.87%.

MMTC Share Price

66.80 -1.52 (-2.22%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 227.50
Adani Enterprises 2228.00
Amrapali Industries 17.36
Rashi Peripheral 474.40
PDS 294.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×