| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 150 | ₹13,500 |
| HNI / NII | 15 | 2,250 | ₹2,02,500 |
| bHNI / bNII | 75 | 11,250 | ₹10,12,500 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,34,17,500 (48.08%) | — | ₹21,075.75 Cr |
| NII / HNI (Total) | — | 70,25,250 (14.42%) | — | ₹6,322.73 Cr |
| Retail Investors | — | 1,63,92,250 (33.65%) | — | ₹14,753.03 Cr |
| Employee | — | 18,73,400 (3.85%) | — | ₹168.61 Cr |
| Total ** | — | 4,87,08,400 (100.00%) | — | ₹438,375.60 Cr |
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 Strengths
1. Only facility in India to carry out vacuum based melting and refining
2. Capability to manufacture wide range of advanced products
3. Research and development based technology development