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Block Name: M/s Mysore Minerals Ltd ML No 995

Blockcode:
KA26
State:
KARNATAKA
District:
Bellary
Minerals:
IRON ORE
Block Description:
Auctioned Successfully
Block Status:
Allocated
Tender Number:
20180208133608
Auction Number:
20190305152422
Preferred Bidder:
M/s JSW Steels Limited
Tender Entry Date:
08-02-2018
Tender Number:
20180208133608
Preferred Bidder:
M/s JSW Steels Limited
E-Auction Number:
20190305152422
Block Name:
M/s Mysore Minerals Ltd ML No 995
State:
KARNATAKA
District:
Bellary
Case Type:
ML
End User Reservation:
Yes
Comment :
Steel, Pellet, Pig and Sponge Plants
Total Estimated Reserves:
9.708 Million Tonne
Net Avg IBM Price:
Rs. 1568.47 Cr
Total Estimated Royalty:
Rs. 0 Cr
Total Estimated DMF:
Rs. 0 Cr
Total Estimated NMET:
Rs. 0 Cr
Value of Estimated Resources:
Rs. 1522.67 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 0 Cr
Thickness of mineral:
Not Specified
Total Area:
32.89 Hectares
Mineralized Area:
14.24 Hectares
Non-Mineralized Area:
18.65 Hectares
Forest Land:
32.89 Hectares
Government Land:
0 Hectares
Private Land:
0 Hectares
Chargha Land:
0 Hectares
Exploration done by Agency:
MECL
Total Station & DGPS Agency:
Other
GR Preparation & Digitization Agency:
MECL
Cost of Tender Document:
2 Lakh
Transaction Advisor:
CRISIL
Auction Platform Provider:
MSTC
Bid Security Amount:
Not Specified
Minimum production requirement in MDPA:
Not Specified
Pre-Bid Meeting:
21-02-2018
Start Date for Sale of Tender Document:
31-01-2018
Last Date for Sale of Tender Document:
12-03-2018
Last Date of Submission:
21-03-2018
No. of tender Documents Bought:
Initial Bid Opening Date:
22-03-2018
Announcement of technically qualified bidders:
Not Specified
Reserve Price:
35 %
Annulment:
No
Availability of Mineral:
Mineral Details:
Mineral Name:
IRON ORE
Mineral Grade:
55% - 58% Fe
Mineral Unit:
Tonne
DMF:
Rs. 0 Cr (For 50 Years)
NMET:
Rs. 0 Cr (For 50 Years)
Mineral Estimation Reserve:
9.708 Million Tonne
Mineral Ibm Price:
Rs. /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 0 Cr (For 50 Years)
E-Auction Date:
04-09-2018
Preferred Bidder:
M/s JSW Steels Limited
Reserve Price:
35 %
Block Name:
M/s Mysore Minerals Ltd ML No 995
State Name:
KARNATAKA
District Name:
Bellary
IPO Price:
77 %
BID Price:
95.20 %
Total Revenue :
Rs. 1705.39 Cr
Additional Contribution Through Auction:
Rs. 1449.58 Cr