
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹145
Band: ₹135 – ₹145
Estimated Listing Price
₹250
Upper price + GMP
Lot Size
103 shares
Min investment ₹14,935
Estimated Profit / Lot
₹10,815
103 × ₹105
Grey Market Premium trend
+₹105
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹105 | 72.4% | ₹250 |
| 30 Oct 2026 | +₹105 | 72.4% | ₹250 |
| 29 Oct 2026 | +₹95 | 65.2% | ₹240 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Mazagon Dock Shipbuilders Limited IPO is ₹105, which indicates an expected listing price of ₹250.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.