Mishra Dhatu Nigam Limited IPO

Mishra Dhatu Nigam Limited

Issue Open

Jan 01, 1970

Price Band

₹ 87 - ₹ 90

Issue Size

₹ 438.38 Cr

Credit of Shares to Demat

-

Issue Close

Jan 01, 1970

Bid Lot

150

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

150

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Apr 04, 2018

Refunds

-

About the company:

Mishra Dhatu Nigam Limited is a PSU operating from hyderabad. The company is category - 1 mini ratna company since 2009. The company has a manufacturing facility in hyderabad and is in process of setting up of manufacturing facility in rohtak and nellore .The company employs more than 800 people.

Date of establishment: The company was incorporated in 1973.

Product & Service Offering: Mishra dhatu nigam limited is involved in the manufacturing of special steels, superalloys, and titanium alloys.    

Promoters of Mishra Dhatu Nigam ltd.: President of India is the promoter of the company acting through the ministry of defence.  

Customer segment: The company satisfy the need of defence, space and power through its high value products.

Objects of the Issue:

The object of the issue is to:
-     Carry out the disinvestment of equity shares by selling stakeholder
-     Take the benefit of listing on exchanges.   

 

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