Mazagon Dock Shipbuilders Limited IPO
Mainboard₹14,935 / 103 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 2020-10-01 17:00:00 |
| QIBs | 89.71 |
| NII | 678.88 |
| Retail | 35.63 times |
| Employee | 3.88 times |
| Total | 157.41 times |
Mazagon Dock Shipbuilders Limited IPO Details
The Mazagon Dock Shipbuilders Limited IPO price band is set between ₹135 to ₹145 per equity share, with a face value of ₹10 per share. The issue is managed by Alankit Assignments Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 29 Sep, 2020 and closes on 1 Oct, 2020. Investors can check the allotment status on 8 Oct, 2020, while the listing date is tentatively scheduled for 12 Oct, 2020.
The total issue size is 30,599,017 Eq Shares of ₹10, aggregating up to ₹443.69 Cr. Stay tuned for the latest Mazagon Dock Shipbuilders Limited IPO review and GMP updates.
Mazagon Dock Shipbuilders Limited IPO Review, Rating & Analysis
Mazagon Dock Shipbuilders Limited IPO Review
NO REVIEWMazagon Dock Shipbuilders Limited IPO Rating
Mazagon Dock Shipbuilders Limited IPO Highlights
IPO Date
Sep 29, 2020 - Oct 1, 2020
Listing Date
12 Oct, 2020
Face Value
₹10 Per Equity Share
Price Band
₹135 to ₹145 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Mazagon Dock Shipbuilders Limited IPO Lot Size
The minimum market lot for Mazagon Dock Shipbuilders Limited IPO is 103 shares with an application amount of ₹14,935. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 103 | ₹14,935 |
| Retail (Max) | 13 | 1339 | ₹1,94,155 |
| S-HNI (Min) | 14 | 1442 | ₹2,09,090 |
| S-HNI (Max) | 66 | 6798 | ₹9,85,710 |
| B-HNI (Min) | 67 | 6901 | ₹10,00,645 |
Mazagon Dock Shipbuilders Limited IPO Timeline
Issue Price
₹135 to ₹145 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Alankit Assignments LtdLead Manager
Axis Capital LimitedDAM Capital Advisors LtdEdelweiss Capital LimitedJM Financial Consultants Private LimitedYes Securities (India) LimitedIssue Size
30,599,017 Eq Shares of ₹10(aggregating up to ₹443.69 Cr)Offer for Sale: 30,599,017 Eq Shares of ₹10(aggregating up to ₹443.69 Cr))Mazagon Dock Shipbuilders Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 March 20 | 20966.02 | 5535.30 | 477.05 | - | - | - |
| 31 Mar 19 | 20847.93 | 5204.67 | 532.47 | - | - | - |
| 31 Mar 18 | 19370.37 | 5027.62 | 496.17 | - | - | - |
| 31 Mar 17 | 19391.16 | 4274.86 | 598.25 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- The President of India acting through the Ministry of Defence, GoI
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Mazagon Dock Shipbuilders Limited is a shipyard situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries.
The shipyards of MDL were established in the 18th century. Ownership of the yards passed through entities including the Peninsular and Oriental Steam Navigation Company and the British-India Steam Navigation Company. Eventually, 'Mazagon Dock Limited' was registered as a public company in 1934. The shipyard was nationalized in 1960 and is now a Public Sector Undertaking of the Government of India.
Frequently Asked Questions about Mazagon Dock Shipbuilders Limited IPO IPO
When will Mazagon Dock Shipbuilders Limited IPO open for subscription?
The Mazagon Dock Shipbuilders Limited IPO opens on 29 Sep, 2020 and closes on 1 Oct, 2020.
What is the investors portion for Mazagon Dock Shipbuilders Limited IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Mazagon Dock Shipbuilders Limited IPO?
You can apply for Mazagon Dock Shipbuilders Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mazagon Dock Shipbuilders Limited IPO?
The issue size of Mazagon Dock Shipbuilders Limited IPO is approx ₹30,599,017 Eq Shares of ₹10(aggregating up to ₹443.69 Cr)Offer for Sale: 30,599,017 Eq Shares of ₹10(aggregating up to ₹443.69 Cr)) crores.
What is the price band of Mazagon Dock Shipbuilders Limited IPO?
The price band for Mazagon Dock Shipbuilders Limited IPO is ₹135 to ₹145 per equity share to ₹undefined.
What is the lot size of Mazagon Dock Shipbuilders Limited IPO?
The minimum bid (lot size) for Mazagon Dock Shipbuilders Limited IPO is N/A shares with an investment of approx ₹14,935 .
What is the allotment date of Mazagon Dock Shipbuilders Limited IPO?
The allotment date for Mazagon Dock Shipbuilders Limited IPO is 8 Oct, 2020.
What is the listing date of Mazagon Dock Shipbuilders Limited IPO?
The listing date for Mazagon Dock Shipbuilders Limited IPO is expected to be 12 Oct, 2020.
What is the GMP of Mazagon Dock Shipbuilders Limited IPO?
The latest Grey Market Premium (GMP) for Mazagon Dock Shipbuilders Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.