Mazagon Dock Shipbuilders Limited IPO
MainboardShip Building
Listed On: Oct 12, 2020 at ₹ 214.90
₹ 14935 /103 Shares
Check AllotmentPrice Summary
Last Closing
4,154.80 (2765.38%)52 Week High
5,860.0052 Week Low
1,795.40Last Update
8-Nov-2024 3:30 PMIPO Live Subscription Details
IPO Details
29 Sep, 2020
Open Date01 Oct, 2020
Close Date08 Oct, 2020
Allotment Date12 Oct, 2020
Listing DateIssue Price
₹135 to ₹145 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Alankit Assignments LtdList Price
214.90Listing Date
2020-10-12Market Lot
103 Shares (₹14,935/-)Lead Manager
Axis Capital LimitedDAM Capital Advisors Ltd
Edelweiss Capital Limited
JM Financial Consultants Private Limited
Yes Securities (India) Limited
Issue 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))
Retail Portion
N/ASubscription
157.41 timesIPO Subscription Details
| As on | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 15,126,750 | 4,538,025 | 10,588,725 | 345,517 | 30,599,017 |
| Day 1 - 29-09-20 05:10 PM | 0.04 x | 0.78 | 5.56 x | 0.28 x | 2.09 x |
| Day 2 - 30-09-20 05:00 PM | 2.83 x | 4.96 | 15.53 x | 1.04 x | 7.52 x |
| Day 3 - 01-10-20 05:30 PM | 89.71 x | 678.88 | 35.63 x | 3.88 x | 157.41 x |
Valuations
Earnings Per Share (EPS)
₹21.36P/E Ratio
6.79RoNW
15.54%Net Asset Value (NAV) - Post Issue
₹152.17Company Financials All values are in ₹ Cr.
| 31-March-20 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
|---|---|---|---|---|
| Assets | 20,966.02 | 20,847.93 | 19,370.37 | 19,391.16 |
| Revenue | 5,535.30 | 5,204.67 | 5,027.62 | 4,274.86 |
| Profit After Tax | 477.05 | 532.47 | 496.17 | 598.25 |
About The 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.
- Promoter(s)
Company Promoter(s)
- The President of India acting through the Ministry of Defence, GoI
IPO - Issue Objectives
- To carry out the disinvestment plan of 30,599,017 equity shares by selling shareholders constitutes 15.17% of pre-offer equity share capital
- To achieve the benefits of share listing on the stock exchanges.
IPO - FAQs
Ans. Mazagon Dock Shipbuilders Limited IPO is a Mainboard IPO. The issue is priced at ₹135 to ₹145 per equity share. The minimum order quantity is 103 Shares. The IPO opens on Sep 29, 2020, and closes on Oct 1, 2020. Alankit Assignments Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Mazagon Dock Shipbuilders Limited IPO opens on Sep 29, 2020 and closes on Oct 1, 2020.
Ans. The size of Mazagon Dock Shipbuilders Limited IPO is 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)).
Ans. The IPO price band is set between ₹135 to ₹145 per equity share.
Ans. To apply for Mazagon Dock Shipbuilders Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mazagon Dock Shipbuilders Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Mazagon Dock Shipbuilders Limited IPO is Oct 8, 2020.
Ans. The Mazagon Dock Shipbuilders Limited IPO will be listed on Oct 12, 2020.
Ans. Follow the steps to check the allotment status for Mazagon Dock Shipbuilders Limited IPO here.
