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March 21, 2018 - March 23, 2018

Mishra Dhatu Nigam IPO Subscription Details

Mishra Dhatu Nigam IPO Subscription Status Live

Mishra Dhatu Nigam IPO subscribed 1.21 times. The public issue subscribed 0.72 times in the retail category, 1.96 times in QIB, and 0.13 times in the NII category by March 23, 2018 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions1.9623,417,5000
Non-Institutional Buyers0.137,025,2500
Retail Investors0.7216,392,2500
Employees0.261,873,4000
Others[.]00
Total 1.2148,708,4000

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Mishra Dhatu Nigam IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
March 21, 2018
0.450.000.100.030.26
Day 2
March 22, 2018
1.090.000.320.120.64
Day 3
March 23, 2018
1.960.130.720.261.21

Mishra Dhatu Nigam IPO Shares Offered

Mishra Dhatu Nigam IPO is a public issue of 48,708,400 equity shares. The issue offers 16,392,250 shares to retail investors, 23,417,500 shares to qualified institutional buyers, and 7,025,250 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB23,417,500210.7648.08%
NII7,025,25063.2314.42%
Retail16,392,250147.5333.65%
Employee1,873,40016.863.85%
Total48,708,400438.38100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Mishra Dhatu Nigam IPO Subscription FAQs

The Mishra Dhatu Nigam IPO is subscribed 1.21 by March 23, 2018.

Mishra Dhatu Nigam IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.96
Non Institutional0.13
Retail Individual0.72
Employee Reservations0.26
Others[.]
Total Subscription1.21

Retail category of Mishra Dhatu Nigam IPO subscribed 0.72 times as of date March 23, 2018. The public issue closes on March 23, 2018 for bidding.

An investor can apply in Mishra Dhatu Nigam IPO online via bank (using ASBA) or the broker (using UPI). The Mishra Dhatu Nigam IPO shares are offered online only.

The Mishra Dhatu Nigam IPO is subscribed 1.21 by March 23, 2018.

The Mishra Dhatu Nigam IPO allotment status is expected on or around March 28, 2018. Visit Mishra Dhatu Nigam IPO allotment status to check.

The Mishra Dhatu Nigam IPO listing date is Wednesday, April 4, 2018. The equity share of Mishra Dhatu Nigam Limited will list on BSE, NSE.

Visit Mishra Dhatu Nigam IPO subscription status page for real-time bidding information about Mishra Dhatu Nigam IPO.

Mishra Dhatu Nigam IPO Timetable

IPO Opens OnMarch 21, 2018
IPO Closes OnMarch 23, 2018
Finalisation of Basis of AllotmentMarch 28, 2018
Initiation of RefundsApril 2, 2018
Credit of Shares to Demat AccountApril 3, 2018
IPO Listing DateApril 4, 2018