IPO

Mazagon Dock Shipbuilders Limited IPO

Mainboard

Ship Building

Listed On: Oct 12, 2020 at ₹ 214.90

₹ 14935 /103 Shares

Check Allotment

29 Sep, 2020

Open Date

01 Oct, 2020

Close Date

08 Oct, 2020

Allotment Date

12 Oct, 2020

Listing Date
Price Summary

Last Closing

2,406.80 (1559.86%)

52 Week High

3,775.00

52 Week Low

1,918.05

Last Update

19-Dec-2025 3:30 PM
IPO Live Subscription Details
QIB 89.71x
Retail 35.63x
NIIs 678.88x
Retail 35.63x
EMP 3.88x
Total 157.41x
Last updated: 2020-10-01 17:00:00
IPO Issue Details
  • Issue Price ₹135 to ₹145 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 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))
  • Listing at BSE, NSE
  • List Price 214.90
  • Listing Date 2020-10-12
  • Lead Manager Axis Capital Limited
    DAM Capital Advisors Ltd
    Edelweiss Capital Limited
    JM Financial Consultants Private Limited
    Yes Securities (India) Limited
  • Registrar Alankit Assignments Ltd
IPO Details
  • Retail Portion N/A
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹135 - 145 per equity share, which has a face value of ₹10 Per Equity Share  each, IPO bidding starts from Sep 29, 2020 and ends on Oct 1, 2020. The allotment for IPO will be finalized on Oct 8, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 12, 2020. The company shall list its equity shares on the BSE, NSE. Alankit Assignments Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital Limited, DAM Capital Advisors Ltd, Edelweiss Capital Limited, JM Financial Consultants Private Limited, Yes Securities (India) Limited.


The IPO sets its price band at 135 - 145 for each share. A single application for Mazagon Dock Shipbuilders Limited IPO must contain at least 103 shares.

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IPO Subscription Analysis And Details
Retail
35.63x
QIB
89.71x
NII
678.88x
Total
157.41x
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) ₹21.36
P/E Ratio 6.79
RoNW 15.54%
Net Asset Value (NAV) - Post Issue ₹152.17
Company Financials
In Crs.
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 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.

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IPO - Issue Objectives
1

To carry out the disinvestment plan of 30,599,017 equity shares by selling shareholders constitutes 15.17% of pre-offer equity share capital

2

To achieve the benefits of share listing on the stock exchanges.