
Capital Goods / Shipbuilding & Heavy Engineering · NSE / BSE
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.
Price Band
₹135 – ₹145
Issue Size
₹444 Cr
Lot Size
103 shares
GMP
+72.4%
Est. Listing
₹250
at current GMP
Subscribed
—
Open
29 Sep 2020
Close
1 Oct 2020
Allotment
8 Oct 2020
Refund
9 Oct 2020
Demat Credit
10 Oct 2020
Listing
12 Oct 2020
Designated Registrar: Alankit Assignments Limited
Allotment Date
8 Oct 2020
Basis finalization
Refunds Initiate
9 Oct 2020
Mandate release
Demat Credit
10 Oct 2020
Shares in demat
Listing Debut
12 Oct 2020
Trading begins
Mazagon Dock Shipbuilders Limited is bringing an initial public offering (IPO) in the Capital Goods / Shipbuilding & Heavy Engineering sector with an aggregate issue size of ₹443.69 Crores. The shares are offered at a price band of ₹135 to ₹145 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 103 shares (approx. ₹14,935 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Alankit Assignments Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-10-10, while un-allotted funds or UPI block mandates will be released on 2020-10-09.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.