Mishra Dhatu Nigam Ltd IPO
Subscription Details
- Open Date 21 Mar
- Close Date 23 Mar
- Lot Size 150
- IPO Size ₹ 435.02 Cr
- IPO Price Range ₹ 90
- Min Investment ₹ 13500
IPO Synopsis
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 Financial Status
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Contact Details of Mishra Dhatu Nigam Ltd IPO
Contact Information
Address
P O Kanchanbagh,
,
Hyderabad, Telangana 500058