.PNG&w=256&q=75)
Mishra Dhatu Nigam Limited IPO
MainboardRs 13,500 / 150 Shares
Mishra Dhatu Nigam Limited IPO Details
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), with a face value of Rs 10 per share. The issue is managed by Alankit Assignments Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 21 Mar, 2018 and closes on 23 Mar, 2018. Investors can check the allotment status on 2 Apr, 2018, while the listing date is tentatively scheduled for 4 Apr, 2018.
The total issue size is 4,87,08,400 Equity Shares of Rs 10 with aggregating up to Rs 438.38 Cr, aggregating up to . Stay tuned for the latest Mishra Dhatu Nigam Limited IPO review and GMP updates.
Mishra Dhatu Nigam Limited IPO Review, Rating & Analysis
Mishra Dhatu Nigam Limited IPO Review
NO REVIEWMishra Dhatu Nigam Limited IPO Rating
Mishra Dhatu Nigam Limited IPO Highlights
IPO Date
Mar 21, 2018 - Mar 23, 2018
Listing Date
4 Apr, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 87 - Rs 90 per Equity Share (Discount of Rs 3 per share for RIIs and Employees)
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE ( B - Group )
Mishra Dhatu Nigam Limited IPO Lot Size
The minimum market lot for Mishra Dhatu Nigam Limited IPO is 150 shares with an application amount of ₹450. Retail investors can apply for up to 444 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹450 |
| Retail (Max) | 444 | 66600 | ₹1,99,800 |
| S-HNI (Min) | 445 | 66750 | ₹2,00,250 |
| S-HNI (Max) | 2222 | 333300 | ₹9,99,900 |
| B-HNI (Min) | 2223 | 333450 | ₹10,00,350 |
Mishra Dhatu Nigam Limited IPO Timeline
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 ShareListing at Group
NSE, BSE ( B - Group )Registrar
Alankit Assignments LtdLead Manager
IDBI Capital Market Services Limited and SBI Capital Markets LimitedIssue Size
4,87,08,400 Equity Shares of Rs 10 with aggregating up to Rs 438.38 CrPromoters & Share Holding
Promoter(s) Name
- President of India acting through the MoD, Government of India.
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Mishra Dhatu Nigam Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 |
Frequently Asked Questions about Mishra Dhatu Nigam Limited IPO IPO
When will Mishra Dhatu Nigam Limited IPO open for subscription?
The Mishra Dhatu Nigam Limited IPO opens on 21 Mar, 2018 and closes on 23 Mar, 2018.
What is the investors portion for Mishra Dhatu Nigam Limited IPO?
The investors' portion for QIB is 1.96 x, NII is 0.13, and Retail is 0.72 x.
How to apply for Mishra Dhatu Nigam Limited IPO?
You can apply for Mishra Dhatu Nigam Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mishra Dhatu Nigam Limited IPO?
The issue size of Mishra Dhatu Nigam Limited IPO is approx ₹4,87,08,400 Equity Shares of Rs 10 with aggregating up to Rs 438.38 Cr crores.
What is the price band of Mishra Dhatu Nigam Limited IPO?
The price band for Mishra Dhatu Nigam Limited IPO is Rs 87 to ₹ Rs 90 per Equity Share (Discount of Rs 3 per share for RIIs and Employees).
What is the lot size of Mishra Dhatu Nigam Limited IPO?
The minimum bid (lot size) for Mishra Dhatu Nigam Limited IPO is 150 shares with an investment of approx Rs 13,500 .
What is the allotment date of Mishra Dhatu Nigam Limited IPO?
The allotment date for Mishra Dhatu Nigam Limited IPO is 2 Apr, 2018.
What is the listing date of Mishra Dhatu Nigam Limited IPO?
The listing date for Mishra Dhatu Nigam Limited IPO is expected to be 4 Apr, 2018.
What is the GMP of Mishra Dhatu Nigam Limited IPO?
The latest Grey Market Premium (GMP) for Mishra Dhatu Nigam Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.