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Mazagon Dock Shipbuilders IPO IPO

Mainline29 Sep to 1 Oct, 202029 Sep to 1 Oct, 2020
Open
29 Sep to 1 Oct, 2020
Close
29 Sep to 1 Oct, 2020
3
Allotment
Listing
Mon, Oct 12, 2020
Price Band
₹135 to ₹145
Issue Size
3,05,99,017 shares (agg. up to ₹444 Cr)
Lot Size
103 Shares
Listing Date
Mon, Oct 12, 2020
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total155.51x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets20,966.0320,847.9319,370.37
Total Income5,535.315,204.675,027.63
Profit After Tax477.06532.47496.17
EBITDA825.63851.52711.97
NET Worth3,069.133,216.922,834.05
Reserves and Surplus2,867.442,992.822,609.95
Total Borrowing0.000.000.00
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To carry out the disinvestment of 30,599,017#Equity Shares by the Selling Shareholder constituting 15.17% of our Company’s pre-Offer paid up Equity Share capital ;
2Achieve the benefits of listing the Equity Shares on the Stock Exchanges

About Mazagon Dock Shipbuilders IPO

Incorporated in 1934, Mazagon Dock Shipbuilders Ltd is the India's leading defence public sector undertaking shipyard under the Ministry of Defence. Mazagon Dock is primarily engaged in constructing and repairing warships and submarines for the MoD and other types of vessels i.e. cargo ships, multipurpose support vessels, barges and border outposts, tugs, dredgers, water tankers, etc. for commercial clients. It is the only shipyard to build destroyers and conventional submarines to be used by the Indian Navy.The business has 2 key operating divisions - Shipbuilding division that undertakes building and repairing of naval ships, whereas Submarine and heavy engineering division includes building, repairing, and refitting of diesel electric submarines. Till 2020, the company has built 795 vessels, including 25 warships, 4 missile boats, 3 submarines, 6 Leander class frigates, 3 Godavari class frigates, 3 Shivalik class frigates, 3 corvettes, and 6 destroyers.Mazagon Dock shipyard is strategically located on the west coast of India, the sea route that connects Europe, Pacific Rim, and West Asia.Competitive Strength• India's leading public sector defence shipyard company.• World class i

Contact Details

Mazagon Dock Shipbuilders Ltd. AddressDockyard Road, MazagonMumbai, Maharashtra, 40001091 22 2376 2000investor@mazdock.comVisit Website