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Mishra Dhatu Nigam Ltd.
Issue Open Date 21-Mar-18  
Issue Closing Date 23-Mar-18  
Application Money 100  
Allotment Money  
Price Band 87 - 90  
Minimium Application No. 150  
Issue Size (Shares) 48708400  
Market Lot 1  
Objective
The objects of the Offer are: (i) to carry out the disinvestment of 46,835,000 Equity Shares by the Selling Shareholder constituting 25% of our Company’s pre-Offer paid up Equity Share capital; and (ii) to achieve the benefits of listing the Equity Shares on the Stock Exchanges. Our Company will not receive any proceeds from the Offer and all proceeds shall go to the Selling Shareholder.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   7025250   878100   0.12  
Qualified Institutional Buyers   23417500   45859200   1.96  
Retail Individual Investors   16392250   11840700   0.72  
Business Description
We are one of the leading manufacturers of special steels, Superalloys and only manufacturer of titanium alloys in India.These are high value products which cater to niche end user segments such as defence, space and power. Our Company wasestablished in the year 1973, with an aim of achieving self-reliance in the research, development and supply of critical alloysand products of national security and strategic importance. We have emerged as a ‘National Centre for Excellence’ inadvanced metallurgical production of special metals and Superalloys in India. We have the technological ability tomanufacture a wide range of advanced metals and alloys under one roof. With the growth of our business and operations, wehave achieved the status of a Mini Ratna, Category-I company in 2009.We are one of the few metallurgical plants of its kind in the world, designed to manufacture a wide range of special metalsand alloys using integrated and highly flexible manufacturing systems. Our Company manufactures unique combinations ofmetal and alloys. These special alloys have superior mechanical properties and better workability which are essential forspecial applications in aerospace, power generation, nuclear, defence and other general engineering industries. Our productsare key ingredients for strategic sectors in India, which typically cannot be imported from other countries due to its nationalsecurity related concerns.
Promoter's Holding
Total Share Capital   187340000  
Offered to Public   46835000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   74  
Address
P. O. Kanchanbagh


Hyderabad,
Telangana,
500058
Phone : +91-040-24340853/24340201/2430280/24340044/24340001
Email : paul.antony@midhani.com/secretary@midhani.com
Website : www.midhani.com
Registrar
Alankit Assignments Ltd
205-208
Anarkali Complex
Jhandewala Extension

New Delhi
Listed at
BSE, NSE
Lead Manager
IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)
SBI Capital Markets Ltd
Promoters
The President of India
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