Mishra Dhatu Nigam IPO Details

IPO Open Mar 21, 2018
IPO Close Mar 23, 2018
IPO Price ₹90
Face Value ₹10
IPO Size ₹438.38 Cr
Listing At BSE, NSE
Lot Size 150
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Mishra Dhatu Nigam IPO Date & Price

The Mishra Dhatu Nigam IPO opens on Mar 21, 2018 and closes on Mar 23, 2018.

Mishra Dhatu Nigam IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Mar 21, 2018
  • Bid/Offer Closes On: Mar 23, 2018
  • Finalization of Basis of Allotment: Mar 28, 2018
  • Initiation of refunds: Apr 2, 2018
  • Credit of Equity Shares: Apr 3, 2018
  • Listing Date: Apr 4, 2018

Mishra Dhatu Nigam IPO price is set at ₹90 per equity share.

Mishra Dhatu Nigam IPO will close for subscription at 5 PM on Mar 23, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Mishra Dhatu Nigam IPO starts on Mar 21, 2018. The issue ends on Mar 23, 2018.

Mishra Dhatu Nigam IPO Issue Size and Subscription Status

The Mishra Dhatu Nigam IPO size is 48708400 Equity Shares of ₹10 aggregating up to ₹438.38 Cr.

Mishra Dhatu Nigam Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Mishra Dhatu Nigam IPO shares through the banks (using ASBA) or through the broker (using UPI).

Mishra Dhatu Nigam IPO Offer Size

Qualified Institutional Buyers (QIB)23,417,500 Shares
Non-Institutional Investors (NII)7,025,250 Shares
Retail Individual Investor (RII)16,392,250 Shares
Employee Reservations1,873,400 Shares
Other Reservations0 Shares
Total Issue Size48,708,400 Shares

Mishra Dhatu Nigam IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.96 times times
Non-Institutional Investors (NII)0.13 times times
Retail Individual Investor (RII)0.72 times times
Employee Reservations0.26 times times
Other Reservations times
Total Issue Size1.21 times times

Click here to check the Mishra Dhatu Nigam IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Mishra Dhatu Nigam IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Mishra Dhatu Nigam IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Mishra Dhatu Nigam IPO Allotment and Listing

The Mishra Dhatu Nigam IPO allot status will be available online on Mar 28, 2018. Check the Mishra Dhatu Nigam IPO Allotment Status here.

Click here to check Mishra Dhatu Nigam IPO Allotment Status.

Mishra Dhatu Nigam IPO listing Date is Apr 4, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Mishra Dhatu Nigam IPO listing date and time is published by the exchange in a circular.

Click here to view the Mishra Dhatu Nigam IPO Basis of Allotment.

It is hard to say at what price Mishra Dhatu Nigam IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Mishra Dhatu Nigam IPO shares will list on Apr 4, 2018 at BSE, NSE.

Mishra Dhatu Nigam IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Mishra Dhatu Nigam IPO which could help you with questions like Mishra Dhatu Nigam IPO buy or not? You should also read Mishra Dhatu Nigam IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Mishra Dhatu Nigam IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Mishra Dhatu Nigam IPO performance. The performance reports are available 1 day after listing.