Mishra Dhatu Nigam Limited IPO
Mainboard
₹ 13500 /150 Shares
21 Mar, 2018
Open Date23 Mar, 2018
Close Date02 Apr, 2018
Allotment Date04 Apr, 2018
Listing DateIPO Issue Details
- Issue Price Rs 87 - Rs 90 per Equity Share (Discount of Rs 3 per share for RIIs and Employees)
- Face Value Rs 10 Per Equity Share
- Issue Price 4,87,08,400 Equity Shares of Rs 10 with aggregating up to Rs 438.38 Cr
- Listing at NSE, BSE ( B - Group )
- Lead Manager IDBI Capital Market Services Limited and SBI Capital Markets Limited
- Registrar Alankit Assignments Ltd
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹87 - 90 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Mar 21, 2018 and ends on Mar 23, 2018. The allotment for IPO will be finalized on Apr 2, 2018. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Apr 4, 2018. The company shall list its equity shares on the NSE, BSE ( B - Group ). Alankit Assignments Ltd is the registrar of the issue.
The book-running lead manager for the IPO is/are IDBI Capital Market Services Limited and SBI Capital Markets Limited.
The IPO sets its price band at 87 - 90 for each share. A single application for Mishra Dhatu Nigam Limited IPO must contain at least 150 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,34,17,500 | 70,25,250 | 1,63,92,250 | 4,87,08,400 |
|
Day 1
21-03-18
|
0.45 x | 0.01 | 0.10 x | 0.26 x |
|
Day 2
22-03-18
|
1.09 x | 0.01 | 0.32 x | 0.64 x |
|
Day 3
23-03-18
|
1.96 x | 0.13 | 0.72 x | 1.21 x |
Valuations
IPO - Issue Objectives
To carry out the disinvestment of 46,835,000 Equity Shares by the Selling Shareholderconstituting 25% of Company's pre-Offer paid up Equity Share capital.
To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
IPO - FAQs
Ans. Mishra Dhatu Nigam Limited IPO is a Mainboard IPO. The issue is priced at Rs 87 - Rs 90 per Equity Share (Discount of Rs 3 per share for RIIs and Employees). The minimum order quantity is 150 Shares. The IPO opens on Mar 21, 2018, and closes on Mar 23, 2018. Alankit Assignments Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE ( B - Group ).
Ans. The Mishra Dhatu Nigam Limited IPO opens on Mar 21, 2018 and closes on Mar 23, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Mishra Dhatu Nigam Limited IPO is 4,87,08,400 Equity Shares of Rs 10 with aggregating up to Rs 438.38 Cr.
Ans. The Mishra Dhatu Nigam Limited IPO price band is set between Rs 87 - Rs 90 per Equity Share (Discount of Rs 3 per share for RIIs and Employees).
Ans. To apply for Mishra Dhatu Nigam Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mishra Dhatu Nigam Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Mishra Dhatu Nigam Limited IPO is Apr 2, 2018.
Ans. The Mishra Dhatu Nigam Limited IPO will be listed on Apr 4, 2018.
Ans. Follow the steps to check the Mishra Dhatu Nigam Limited IPO allotment status online.
