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Mishra Dhatu Nigam IPO IPO

Mainline21 Mar 201823 Mar 2018
Open
21 Mar 2018
Close
23 Mar 2018
3
Allotment
Listing
Wed, Apr 4, 2018
Price Band
₹87 to ₹90
Issue Size
4,87,08,400 shares (agg. up to ₹435 Cr)
Lot Size
150 Shares
Listing Date
Wed, Apr 4, 2018
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total1.19x

Restated Financials (₹ Cr.)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets1,229.891,101.041,120.851,163.06
Total Income220.66833.09790.45678.39
Profit After Tax27.30126.31119.37103.63
NET Worth733.43704.34619.67540.06
Reserves and Surplus546.09517.00432.33352.72
Total Borrowing65.5313.799.0254.82
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Hindustan Aeronautics Ltd.Mainboard₹4,063.31 Cr₹1215null₹1,132.85-6.76%₹4,500.70 (+1.51%)
Bharat Dynamics Ltd.Mainboard₹952.25 Cr₹428null₹389.80-8.93%₹1,254.80 (-0.62%)
Apollo Micro Systems Ltd.Mainboard₹156.00 Cr₹275null₹441.75+60.64%₹397.80 (-0.34%)

About Mishra Dhatu Nigam IPO

Incorporated in 1973, Mishra Dhatu Nigam Ltd is Hyderabad based PSU engaged in the business of manufacturering of special steels, superalloys and titanium alloys in India. These high value products cater to niche sectors including defense, space and power. Company is Mini Ratna, Category-I company since 2009.Mishra Dhatu Nigam manufactures:1. Special steels like martensitic steel, ultra high strength steel, austenitic steel and precipitation hardening steel.2. Three varieties of Superalloys - nickel base, iron base and cobalt base.3. Titanium alloys.Mishra Dhatu Nigam has a manufacturing facility in Hyderabad. Compant is in the process of setting up two new manufacturing facilities in Rohtak and Nellore. Company has an in-house research and development team comprising of 14 officers. Company has 836 employees.Competitive Strengths1. Only facility in India to carry out vacuum based melting and refining2. Capability to manufacture wide range of advanced products3. Research and development based technology development+ Read More

Contact Details

Mishra Dhatu Nigam Ltd. AddressP.O.KanchanbaghHyderabad, Telangana, 500058+91-040-24340853secretary@midhani.comVisit Website