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Mishra Dhatu Nigam Limited IPO

Mainboard IPOListedMIDHANINSE
Current Market Price (CMP)
₹361.65(+301.83%)
Current Price (CMP)
₹361.65(+301.83%)

Live Market Quote

Listing Price & Gain
₹87(-3.33%)

Day 1 Exchange Open

IPO Issue Price
₹90

Band: ₹87 - ₹90

Total Subscription
1.21x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
21 Mar 2018
IPO Bidding Closes
23 Mar 2018
Allotment & Refunds
Completed
Exchange Listing Day
04 Apr 2018

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 1.21x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)1.96x
Non-Institutional Investors (NII / HNI)0.12x
Retail Individual Investors (RII)0.72x
Employees Reservation0.26x
Total Subscription1.21x
Updated as on 23rd Mar 2018 at 1950 hrs

Listing Day & Return Performance

Listing Day Gain-3.33%
₹90 (Issue) → ₹87 (List)
Per share profit: ₹-3.00
Holding Return (Till Date)+301.83%
₹90 (Issue) → ₹361.65 (CMP)
Net gain per share: +₹271.65
Post-Listing Performance (Listing Day → Today):+315.69%

About Mishra Dhatu Nigam Limited IPO

Mishra Dhatu Nigam Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 21 Mar 2018 and concluded on 23 Mar 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹87 - ₹90.

During the bidding window, Mishra Dhatu Nigam Limited recorded an overall subscription of 1.21 times. Institutional investors (QIB) subscribed 1.96x, non-institutional high-net-worth investors (NII) subscribed 0.12x, and retail individual investors (RII) bid 0.72x their reserved quota, alongside employee participation of 0.26x.

The equity shares of Mishra Dhatu Nigam Limited officially debuted on the stock exchanges on 04 Apr 2018 at an opening listing price of ₹87, delivering a listing day return of -3.33% (discount) over the final issue price. As per the latest market data, the stock trades at ₹361.65, representing an overall gain of +301.83% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Mishra Dhatu Nigam Limited IPO?
The issue price of Mishra Dhatu Nigam Limited IPO was fixed at ₹90 per equity share. The indicative bidding price band was ₹87 - ₹90.
What were the open, close, and listing dates for Mishra Dhatu Nigam Limited IPO?
Mishra Dhatu Nigam Limited IPO opened on 21 Mar 2018, closed on 23 Mar 2018, listed on 04 Apr 2018.
How much was Mishra Dhatu Nigam Limited IPO subscribed?
The IPO received an overall subscription of 1.21 times. Category-wise, QIBs subscribed 1.96x, NIIs subscribed 0.12x, and Retail investors subscribed 0.72x.
What was the listing price and listing gain of Mishra Dhatu Nigam Limited IPO?
Mishra Dhatu Nigam Limited IPO listed on the stock exchange at ₹87, delivering a listing discount of 3.33% compared to the IPO issue price of ₹90.
Is Mishra Dhatu Nigam Limited IPO a Mainboard or SME IPO?
Mishra Dhatu Nigam Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Mishra Dhatu Nigam Limited IPO since its IPO?
At the latest market quote of ₹361.65, Mishra Dhatu Nigam Limited IPO has generated an all-time return of +301.83% since its initial public offering.

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