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Block Name: M/s Kanhaiyalal Duderia ML No 2563

Blockcode:
KA28
State:
KARNATAKA
District:
Bellary
Minerals:
IRON ORE
Block Description:
Successfully auctioned
Block Status:
Allocated
Tender Number:
20180208134549
Auction Number:
20190305152032
Preferred Bidder:
MSPL ltd.
Tender Entry Date:
08-02-2018
Tender Number:
20180208134549
Preferred Bidder:
MSPL ltd.
E-Auction Number:
20190305152032
Block Name:
M/s Kanhaiyalal Duderia ML No 2563
State:
KARNATAKA
District:
Bellary
Case Type:
ML
End User Reservation:
Yes
Comment :
Steel, Pellet, Pig and Sponge Plants
Total Estimated Reserves:
9.26 Million Tonne
Net Avg IBM Price:
Rs. 975.66 Cr
Total Estimated Royalty:
Rs. 135.52 Cr
Total Estimated DMF:
Rs. 13.55 Cr
Total Estimated NMET:
Rs. 2.71 Cr
Value of Estimated Resources:
Rs. 903.46 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 151.78 Cr
Thickness of mineral:
Not Specified
Total Area:
30.09 Hectares
Mineralized Area:
12 Hectares
Non-Mineralized Area:
18 Hectares
Forest Land:
30.09 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:
5
No. of initial Bids Received:
5
Initial Bid Opening Date:
22-03-2018
Announcement of technically qualified bidders:
27-08-2018
No. of technically qualified bidders:
5
Reserve Price:
35 %
Annulment:
No
Availability of Mineral:
Remarks:
Successfully auctioned
Mineral Details:
Mineral Name:
IRON ORE
Mineral Grade:
Below 55% Fe
Mineral Unit:
Tonne
DMF:
Rs. 13.552 Cr (For 50 Years)
NMET:
Rs. 2.71 Cr (For 50 Years)
Mineral Estimation Reserve:
9.260 Million Tonne
Mineral Ibm Price:
Rs. 975.66 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 135.519 Cr (For 50 Years)
E-Auction Date:
05-09-2018
Preferred Bidder:
MSPL ltd.
Reserve Price:
35 %
Block Name:
M/s Kanhaiyalal Duderia ML No 2563
State Name:
KARNATAKA
District Name:
Bellary
IPO Price:
75.6 %
BID Price:
111 %
Total Revenue :
Rs. 1154.62 Cr
Additional Contribution Through Auction:
Rs. 1002.84 Cr