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IPO Details


Mishra Dhatu Nigam Ltd
Registered Office: P O Kanchanbagh, , Hyderabad - 500058, Telangana
Phone: 91-40-24184000
Email: secretary@midhani.com
Website: https://midhani-india.in/
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.
Issue Money Payable On
Opens On Closes On Application Allotment
21-Mar-2018 23-Mar-2018 90.00 0.00
Minimum Application for shares in Nos : 150 Further Multiples of : 150
()Cr. Lead Managers to the Issue
Project Cost 22.56 IDBI Capital Markets & Securities Ltd
Project Financed through Current Offer 435.02
Post Issue Equity Share Capital 187.34
Issue Price 90.00
Projects
Disinvestment of 48708400 shares by the selling shareholders
Listing of shares on the Stock Exchanges
Promoted By
The President of India
Listing At
BSE
NSE
Registrar to the Issue
Alankit Assignments Ltd

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