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Mishra Dhatu Nigam IPO Dates, Price Band, Market Lot Details

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Mishra Dhatu Nigam is promoted by President of India another PSU company ipo is came up. The company is incorporated in 1973 and based in Hyderabad. They are manufacturer of special steels, super-alloyes and titanium alloys. The company is supplying their products to defense, space and power. Their manufacturing facility is in Hyderabad. They are in process to start a new manufacturing plant in Rohtak and Nellore.

Mishra Dhatu Nigam IPO Review:

  • Apply for Listing Gain & Long Term Gain

Mishra Dhatu Nigam IPO Dates & Price Band: (Approx)

  • IPO Open: 21-March-2018
  • IPO Close: 23-March-2018
  • IPO Size: Approx Rs.438 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.87 to 90 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 46,835,000 Shares
  • Discount: Rs.3 for Retail & Employee

Mishra Dhatu Nigam IPO Market Lot:

  • Shares: Apply for 150 Shares (Minimum Lot Size)
  • Amount: Rs.13,050 (For Retail & Employee)
  • Amount: Rs.13,500 (For HNI & QIB)

Mishra Dhatu Nigam IPO Allotment & Listing:

  • Basis of Allotment: 28-March-2018
  • Refunds: 2-April-2018
  • Credit to demat accounts: 3-April-2018
  • Listing: 4-April-2018

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Mishra Dhatu Nigam Financial:
A steady growth to a government owned company. PAT looks good and it increased 5.88% in 2017 compared to 2016 while in increased 34% compared to 2013. The company looks good so one can go with short and long term investment.

Rs. in Crore

Company Promoters:

  • President of India

Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Mishra Dhatu Nigam IPO Registrar:
Alankit Assignments Ltd
Phone: (011) 4254 1234
Fax: (011) 4254 1967
Email: [email protected]
Website: http://www.alankit.com

Mishra Dhatu Nigam IPO Lead Managers:

  • IDBI Capital Market Services Limited
  • SBI Capital Markets Limited

Company Address:
Mishra Dhatu Nigam Limited
P.O. Kanchanbagh,
Hyderabad – 500 058
Phone: +91-040-24340853
Fax: + 91-040-24340214
Email: [email protected]
Website: http://www.midhani.com/

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0 Responses

  1. It is really very good company(Mini Nav Ratna as good as NBCC).When NBCC was listed it was trade in discount and in 4 year it give multifold return to invetsor.Same story can be repeat in MIDHANI

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