MOIL

{{Short description|Indian mining company}}

{{Use dmy dates|date=June 2022}}

{{Infobox company

| name = Manganese Ore (India) Limited

| native_name =

| logo = MOIL (company).svg

| type = Public Sector Undertaking

| traded_as = {{BSE|533286}}
{{NSE|MOIL}}

| foundation = 22 June 1962{{cite web|title=Red Herring Prospectus|url=http://www.moneycontrol.com/news_html_files/pdffiles/nov2010/moilrhp.pdf|accessdate=24 November 2010}}

| location_city = Nagpur

| location_country = India

| industry = Manganese ore

| area_served = India

| key_people = Ajit Kumar Saxena
(Chairman & MD)

| revenue =

| net_income =

| assets = {{increase}}{{INRConvert|37560|m}} (2015-16)

| production = {{convert|1756000|tonne|0}}

| homepage = {{url|moil.nic.in}}

}}

MOIL (earlier known as Manganese Ore (India) Limited) is a miniratna government manganese ore mining company headquartered in Nagpur, India. With a market share of 50%, it is the largest producer of manganese ore in India.{{cite web|title=Production|url=http://ibm.nic.in/production.pdf|work=Indian Minerals Year Book 2008|publisher=Indian Bureau of Mines|accessdate=24 November 2010|url-status=dead|archiveurl=https://web.archive.org/web/20110721165807/http://ibm.nic.in/production.pdf|archivedate=21 July 2011}} MOIL operates 11 mines in adjoining districts of Maharashtra and Madhya Pradesh. It has been ranked #486 among the 500 top companies in India and 9th in the mines and metals sector of the Fortune India 500 list for 2011.{{Cite web|url=http://www.indiainfoline.com/Markets/News/MOIL-enters-India-Fortune-500-List/5261381587|title=MOIL enters India Fortune 500 List}}

In December 2010, the Government of India divested about 20% of its equity through an IPO. Of the 20%, the Indian Government divested 10%, and the Government of Maharashtra and the Government of Madhya Pradesh each divested 5% of the total equity.{{cite news|title=MOIL Limited: IPO opens on Nov 26|url=http://www.centralchronicle.com/viewnews.asp?articleID=52203|accessdate=25 November 2010|newspaper=Central Chronicle|date=25 November 2010|url-status=dead|archiveurl=https://web.archive.org/web/20101125144800/http://www.centralchronicle.com/viewnews.asp?articleID=52203|archivedate=25 November 2010|df=dmy-all}}{{cite news|title=MOIL IPO on Nov 26|url=http://www.hindustantimes.com/MOIL-IPO-on-Nov-26/Article1-628537.aspx|accessdate=25 November 2010|newspaper=Hindustan Times|date=19 November 2010|url-status=dead|archiveurl=https://web.archive.org/web/20101124094755/http://www.hindustantimes.com/MOIL-IPO-on-Nov-26/Article1-628537.aspx|archivedate=24 November 2010|df=dmy-all}} The central government holds 54% and the two state governments hold about 11% shares in MOIL.{{cite news|title=MOIL scouting for overseas mines ahead of IPO|url=http://www.tehelka.com/story_main47.asp?filename=Ws151110moil.asp|accessdate=25 November 2010|date=15 November 2010}} and the public holds about 35% shares.