Federal Ordinance sold about 300 M1 Carbine receivers it had obtained in a shipment of M1 Garand parts from the Philippines in the early 1980s to Sarco. Most of those were probably used by Sarco customers to build M1 carbines. It’s unlikely you have one of those. If it is, it will be stamped with the Federal Ordinance import mark on the side with the original manufacturer stamped on the rear of the receiver under/behind the rear sight.
More likely you have one of the roughly 2000 M1 carbines manufactured by Federal Ordinance from 1984-86 using receivers cast by ECRIMESA in Spain.
IAI also used left over a Federal Ordinance M1 Carbine receivers when it started making M1 carbines in 1995, and Sarco sold a batch of leftover Federal Ordinance M1 carbine receivers in 2007. M1 Carbines were a sideline for Federal Ordinance and not one of its main products.
In any case, it’s not a common version of the commercial M1 carbine and would be of potential interest to a commercial M1 Carbine collector. It probably won’t have any value to a military M1 carbine collector and most people looking for a shooter grade M1 won’t pay much either as the Commercial M1 carbines varied a lot in quality and most were not known to be very reliable.
Take a look at this link for the full story on the Fed Ord Inc carbines, and the serial numbers provided might help you determine what it is.
http://www.m1carbinesinc.com/carbine_FedOrd.html