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Mishra Dhatu Nigam Ltd

Registered Office : P O Kanchanbagh,,Hyderabad Telangana 500058 Phone : 91-40-24184000
Fax : 91-40-24340214/24341250

Email : secretary@midhani.com

Website : https://midhani-india.in/

Public offer of 48,708,400 equity shares of face value of Rs.10 each ("Equity Shares") of Mishra Dhatu Nigam Limited ("The Company") through an offer for Sale By The President of India acting through the ministry of defence ("The Selling Shareholder") for cash at a price* of Rs. 90 Per equity Share (The "Offer Price"), aggregating to Rs. 435.02 Crores ("The offer"). The company has reserved a portion of 1,873,400 equity shares for allocation and allotment to eligible employees (The "Employee Reservation Portion"). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer will constitute 26% and 25% respectively, of the pre and post offer paid-up equity share capital of the company. The Offer Price is Rs. 90 per equity share of face value of Rs.10 each. The Offer price is 9.0 times of face value of equity share. * Retail Discount of Rs.3 per equity share to the offer price was offered to the Retail Individual Bidders and Employee Discount of Rs. 3 per equity share to the offer price was offered to the eligible employees bidding in the Employee Reservation Portion.

Issue

Opens On

Closes On

21-Mar-2018

23-Mar-2018

Money Payable On

Application

Allotment

90.00

0.00

Minimum Application for shares in Nos : 150.0 Further Multiples of : 150.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

22.56

435.02

187.34

90.00

IDBI Capital Markets & Securities Ltd

SBI Capital Markets Ltd

Projects

Disinvestment of 48708400 shares by the selling shareholders

Listing of shares on the Stock Exchanges

Promoted By

The President of India

Listing At

Registrar to the Issue

Alankit Assignments Ltd