Mishra Dhatu Nigam Limited IPO
Mishra Dhatu Nigam Limited was a mainboard IPO in the Aerospace & Defense sector, offered at ₹87–₹90 per share to raise ₹438 crore. The issue was subscribed 1.21× overall (QIBs 1.96×, NIIs 0.12×, retail 0.72×). It listed on 4 Apr 2018 at ₹87 and closed its first day at ₹90, a listing gain of +0.1% versus the ₹90 issue price. It now trades around ₹361 (+300.8% versus the issue price).
Frequently asked questions
- How many times was the Mishra Dhatu Nigam Limited IPO subscribed?
- The Mishra Dhatu Nigam Limited IPO was subscribed 1.21× overall — 1.96× in the QIB category, 0.12× among non-institutional investors, 0.72× in retail.
- What were the Mishra Dhatu Nigam Limited IPO listing gains?
- Mishra Dhatu Nigam Limited listed on 4 Apr 2018 at ₹87, closing its first day at ₹90 — a listing gain of +0.1% versus the ₹90 issue price.
- What were the retail allotment odds for the Mishra Dhatu Nigam Limited IPO?
- Retail was subscribed 0.72×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 29 Mar 2018.
- What was the price band and lot size of the Mishra Dhatu Nigam Limited IPO?
- The price band was ₹87–₹90 per share, with a minimum lot of 150 shares (₹13,500 at the upper band).
- Who were the registrar and lead manager for the Mishra Dhatu Nigam Limited IPO?
- Alankit Assignments Limited was the registrar, and SBI Capital Markets was the book-running lead manager.