Mazagon Dock Shipbuilders Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹105(72.41%)
Premium (ELP)
The Initial Public Offering of Mazagon Dock Shipbuilders Limited's culminated in its successful listing on Oct 12, 2020 at the NSE, BSE trading platform. The company secured 3,05,99,017 Shares through this capital market exercise, withTBD allocated to new capital formation and ₹443.69 Cr to existing shareholder liquidity.
Investors participated within the price parameters of ₹135 to ₹145, with minimum investment requirements of 103 shares. The subscription period from Sep 29, 2020 to Oct 01, 2020 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Oct 08, 2020. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Mazagon Dock Shipbuilders Limited, based in Mazagaon, Mumbai, is a premier shipyard engaged in building warships and submarines for the Indian Navy, along with offshore platforms and support vessels for oil exploration. The company also manufactures tankers, bulk carriers, passenger ships, and ferries. Established in the 18th century, the shipyard has undergone multiple ownership transitions, including management under the Peninsular and Oriental Steam Navigation Company and the British-India Steam Navigation Company. It was officially registered as 'Mazagon Dock Limited' in 1934 and later nationalized in 1960. Today, it operates as a Public Sector Undertaking under the Government of India.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
• Premier public sector defense shipyard in India.
• Advanced infrastructure and modern facilities.
• Advantageous location in Mumbai on the west coast of India.
• Strong financial standing with a solid order book.
NA
- The President of India acting through the Ministry of Defence, GoI
Mazagon Dock Shipbuilders Limited
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