(i) Mishra Dhatu Nigam Limited is 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. The company was established in the year 1973, with an aim of achieving self-reliance in the research, development and supply of critical alloys and products of national security and strategic importance. The company have emerged as a ‘National Centre for Excellence’ in the advanced metallurgical production of special metals and Superalloys in India. The Company have the technological ability to manufacture a wide range of advanced metals and alloys under one roof. With the growth of business and operations, Company has achieved the status of a Mini Ratna, Category-I company in 2009.
There are very few metallurgical plants of its kind in the world, designed to manufacture a wide range of special metals and alloys using integrated and highly flexible manufacturing systems. The company manufactures unique combinations of metal and alloys. These special alloys have superior mechanical properties and better workability which are essential for special applications in aerospace, power generation, nuclear, defence and other general engineering industries.
(ii) We manufacture special steels like martensitic steel, ultra-high strength steel, austenitic steel and precipitation hardening steel. We manufacture three varieties of Superalloys – nickel base, iron base and cobalt base. We also manufacture varieties of titanium alloys. Most of the orders executed by our Company are in the nature of an import substitute. We have the competence of developing and manufacturing customised alloys tailor-made to suit the specific requirements of customers for their critical applications. Presently, we conduct our operations at our manufacturing facility in Hyderabad. We are in the process of setting up two new manufacturing facilities in Rohtak and Nellore.
Mishra Dhatu Nigam Limited IPO Stock Quote & Charts
- Open: 139.80
- High - Low: 143.00 - 134.25
- Previous Close: 140.10
- Total Traded Volume: 252637
- Updated On: 21-May-2018
Objects of the Issue:
Mishra Dhatu Nigam Limited IPO are:
(i) To carry out the disinvestment of 48,708,400 Equity Shares by the Selling Shareholder constituting 26% of our Company’s pre-Offer paid up Equity Share capital.
(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.
||Mar 21 2018
||Mar 23 2018
|| ₹ 10 Per Equity Share
||Book Built Issue IPO
|| ₹ 87-90 Per Equity Share
||₹ 3 per equity share
||Apr 02 2018
Bid Details as on 23-Mar-2018 19:50:01 IST