Mishra Dhatu Nigam Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹87 - ₹90
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
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.