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Saturday, 24 March 2018

Mishra Dhatu Nigam Limited (IPO)

MIDHANI  (Mishra Dhatu Nigam Limited)

Nature of business :
 
   Midhani is founded in 1973, Midhani manufactures a varieties of  titanium, superalloys, special types of steels and allloys meeting stringent international standards for application in aerospace, atomic energy, defence, power generation, chemical and various other high technology industries.


Issue Details :

   IPO Begins : 21st March, 2018
   IPO Ends : 23rd March, 2018
   Issue Price : Rs.87 - Rs.90 Per Equity Share
   Market Lot : 150 Shares
   Amount : Rs.13,050 (for Retail & Employee)
                   Rs.13,500 (for QIB & HNI)
   IPO Size : Rs.438 Crore (Approx)
   No. of Equity : 4,68,35,000 Shares 
   Retail Portion : 35%
   Face value : Rs.10 per Equity Share 
   Basis of allotment : 28th March, 2018
   Initiation of Refunds : 2nd April, 2018
   Credit to Demat account : 3rd April, 2018
   Listing Date : 4th April, 2018


MIDHANI's Lead Managers : 
  •    IDBI Capital Market Services Limited
  •    SBI Capital Market Limited

MIDHANI's Promoters :
  •      The President of India

MIDHANI'S IPO Registrar :

      Alankit Assignments Limited 
      Phone : +91 11-4254 1234,
                   +91 11-2354 1234
      Fax : +91 11 4154 3474 
      Email : midhani_ipo@alankit.com
      Website : www.alankit.com


Company's Address :

      Mishra Dhatu Nigam Limited (MIdhani),     
      P.O Kanchanbag,
      hyderabad - 500 058,
      Telangana, India.
      Phone : +91-040-2343-0853 
      Fax : +91-040-2343-0214
      Email : secretary@midhani.com
      Website : www.midhani.com 


Disclaimer :

     The Company is giving Rs. 3 per equity share to the retailer and employees.