IPO

Mishra Dhatu Nigam Ltd IPO

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Public offer of 48,708,400 equity shares of face value of Rs.10 each (Equity Shares) of Mishra Dhatu Nigam Limited (The Company) through an offer for Sale By The President of India acting through the ministry of defence (The Selling Shareholder) for cash at a price* of Rs. 90 Per equity Share (The Offer Price), aggregating to Rs. 435.02 Crores (The offer). The company has reserved a portion of 1,873,400 equity shares for allocation and allotment to eligible employees (The Employee Reservation Portion). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer will constitute 26% and 25% respectively, of the pre and post offer paid-up equity share capital of the company. The Offer Price is Rs. 90 per equity share of face value of Rs.10 each. The Offer price is 9.0 times of face value of equity share. * Retail Discount of Rs.3 per equity share to the offer price was offered to the Retail Individual Bidders and Employee Discount of Rs. 3 per equity share to the offer price was offered to the eligible employees bidding in the Employee Reservation Portion.

Mishra Dhatu Nigam Ltd IPO Subscription Details

Company

Mishra Dhatu Nigam Ltd

Issue Type

(Book Built Portion)

Open Date

21 Mar

Close Date

23 Mar

Offer Price

90.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Mishra Dhatu Nigam Ltd IPO

Company Contact Information

Mishra Dhatu Nigam Ltd IPO
P O Kanchanbagh,
,
Hyderabad, Telangana 500058.

Phone: 91-40-24184000
Email: secretary@midhani.com

Mishra Dhatu Nigam Ltd IPO Register

Alankit Assignments Ltd

Mishra Dhatu Nigam Ltd IPO Lead Manager(s)

  • IDBI Capital Markets & Securities Ltd
  • SBI Capital Markets Ltd

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