Mazagon Dock Shipbuilders IPO

IPO Details of MAZAGON DOCK SHIPBUILDERS LIMITED

Mazagon Dock – Company Info

mazagon

Mazagon Dock Shipbuilders Limited aptly called “Ship Builder to the Nation”, is one of India’s leading Defence public sector undertaking shipyard under the Ministry of Defence. Main activities are the construction of warships and submarines with facilities situated at Mumbai and Nhava (under development). We have the capability to build warships, submarines, merchant ships up to 40,000 DWT since 1979.

Proceeds from the IPO will be used:

  • To meet capital expenditures for expansion of manufacturing facility.
  • To meet business working capital requirements.
  • To meet general corporate purposes.

Mazagon IPO Dashboard

Issue Details
ItemValue
Issue Size443.7 Cr
Face Value10/- per Equity Share
IPO Price135 – 145
Lot Size103
Minimum Lots1
Maximum Lots13
Lot Size and Price
LotsSharesAmount
110314,935
1313991,94,155
Key Dates
Date TypeDate
Bid Open29/09/2020
Bid Close01/10/2020
Allotment Finalization07/10/2020
Initiation of Refunds08/10/2020
Credit of Shares09/10/2020
Listing Date12/10/2020
Promoter Holding
HoldingPercentage
Pre-Issue100%
Post-Issue85%
Investor Quota and Shares Offered
Investor TypeQuotaShares on Offer
QIB50%1,51,26,750
NII15%45,38,025
RII (Retail)35%1,05,88,725
Total100%3,05,99,017
Day-Wise Subscription Status
DayDay 1Day 2Day 3
QIB0.04x2.83x89.71x
NII0.78x4.96x678.88x
RII (Retail)5.68x15.53x35.63x
Employee0.28x1.04x3.88x
Total2.10x7.52x157.41x

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