Mishra Dhatu Nigam Limited IPO

Add to Calendar 1970-01-01 12:00 AM 1970-01-01 12:00 AM Asia/Kolkata Mishra Dhatu Nigam Limited IPO Mishra Dhatu Nigam Limited India

Mishra Dhatu Nigam Limited is a PSU operating from hyderabad. The company is category - 1 mini ratna company since 2009. The company has a manufacturing facility in hyderabad and is in process of setting up of manufacturing facility in rohtak and nellore .The company employs more than 800 people.

Date of establishment: The company was incorporated in 1973.

Product & Service Offering: Mishra dhatu nigam limited is involved in the manufacturing of special steels, superalloys, and titanium alloys.    

Promoters of Mishra Dhatu Nigam ltd.: President of India is the promoter of the company acting through the ministry of defence.  

Customer segment: The company satisfy the need of defence, space and power through its high value products.

Objects of the Issue:

The object of the issue is to:
-     Carry out the disinvestment of equity shares by selling stakeholder
-     Take the benefit of listing on exchanges.   


Issue Detail

  • Issue Open: Jan 01, 1970
  • Issue Close: Jan 01, 1970
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 87 - Rs 90 Per Equity Share
  • Bid Lot:150 Shares
  • Minimum Order Quantity:150 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 438.38 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 23,417,500 7,025,250 16,392,250 - 1,873,400 48,708,400
Day 1 - Mar 21, 2018IST 0.4540 0.0020 0.1010 0.0290 - 0.2580
Day 2 - Mar 22, 2018IST 1.0930 0.0042 0.3170 0.1180 - 0.6351
Day 3 - Mar 23, 2018IST 1.9621 0.1273 0.7249 0.2561 - 1.2093

Listing Day Trading Information

Issue Price Rs 90.00 Rs 90.00
Open Rs 87.00 Rs 87.00
Low Rs 86.35 Rs 86.05
High Rs 90.90 Rs 91.00
Last Trade Rs 90.00 Rs 90.05
Volume 2,447,624 16,767,810

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Frequently Asked Questions

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