
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 15,299,655 | — | 0.00x |
| Non-Institutional (NII / HNI) | 4,589,897 | — | 0.00x |
| Retail Individual (RII) | 10,709,759 | — | 0.00x |
| Total | 30,599,311 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 103,978 | 103,978 | 1.00x |
| HNIs (10L +) | 665 | 665 | 1.00x |
| HNIs (2-10L) | 3,183 | 3,183 | 1.00x |
| Total Applications | 107,826 | 107,826 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Mazagon Dock Shipbuilders Limited IPO is ₹105 per equity share. Based on the upper price band of ₹135 to ₹145 per equity share, the estimated listing price is ₹250 (+72.4% expected listing gain).
With a lot size of 103 shares and current GMP of ₹105, the expected profit per application lot is approx ₹10,815 (+72.4% gain). Minimum application cost is approx ₹14,935.
The Mazagon Dock Shipbuilders Limited IPO aggregate issue size is ₹443.69 Crores with an equity price band set at ₹135 to ₹145 per equity share. The retail lot size is 103 shares requiring a minimum capital outlay of approx. ₹14,935.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Alankit Assignments Limited) and the BSE status verification website on or around 2020-10-08. Investors can verify status using PAN card or application number.
Mazagon Dock Shipbuilders Limited shares are scheduled to list on NSE and BSE on 2020-10-12.