Mazagon Dock IPO – Dates, Allotment, Bid Details, Subscribe, Price & Size

In this article, we will discuss in detail the Mazagon Dock Shipbuilders IPO dates, size, Mazagon allotment status, Mazagon Dock IPO subscription, grey market premium, and its company’s financial status that will help you to conclude whether you should invest or subscribe for this IPO or not.

Open Date NA
Close Date NA
IPO Price Band NA
Face Value Rs. 10
No. of Shares 22,410,000
Share Price NA
Share Premium NA

IPO - 100% Allotment

Summary – Mazagon Dock Shipbuilders Limited

Mazagon Dock Shipbuilders IPOMazagon Dock Shipbuilders Limited aptly called “Ship Builder to the Nation”, is India’s of leading Defence Public Sector Undertaking Shipyard under the Ministry of Defence. The main activities are the construction of state-of-the-art warships and submarines with facilities situated at Mumbai and Nhava (under development).

As Mazagon Dock Shipbuilders is a PSU, it can be said that the Government of India, through the ministry of Defence, will be the selling shareholder. The total number of equity shares available under the IPO to the general public is 22,410,000. Apart from this, certain shares would also be a part of the IPO but would be reserved for the eligible employees of the company.

The lead managers for Mazagon Dock Shipbuilders IPO are Yes Securities, Axis Capital, Edelweiss Financial, IDFC Bank, and JM Financial. The Registrar to the Offer is Alankit Assignments Limited.

Mazagon Dock Shipbuilders IPO Review

Mazagon Dock Shipbuilders has posted profits continuously in the last three Fiscals. Its total income was Rs. 43,211.26 million, Rs. 50,451.42 million, and Rs. 52,425.35 million for Fiscals 2017, 2018, and 2019 respectively. The profit for the year was Rs. 5,956.20 million, Rs. 4,957.49 million, and Rs. 5,345.99 million for Fiscals 2017, 2018, and 2019 respectively.

Mazagon IPO Date

The opening and closing date of Mazagon Dock Shipbuilders IPO is NA.

Mazagon IPO Subscription

Day / Date QIB NII RII Total Subscription
1st Day – 
2nd Day – 
3rd Day – 
4th Day – 
5th Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.

Mazagon IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Mazagon IPO Grey Market Premium

The Mazagon Dock Shipbuilders IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 

Mazagon Dock IPO Price

The face value of each share is Rs 10, but the price band of the IPO is not yet disclosed. 

Mazagon Dock IPO Issue Size

Issue of 22,410,000 Equity Shares of the face value of Rs.10/- each.

Mazagon Dock Shipbuilders – Company Overview

This Company is a wholly-owned GoI company, is a defense public sector undertaking shipyard under the Department of Defence Production, Ministry of Defence (MoD).  Mazagon Dock Shipbuilders Limited has a maximum shipbuilding and submarine capacity of 40,000 DWT and is engaged in the construction and repair of warships and submarines for the MoD for use by the Indian Navy and other vessels for commercial clients.

The ship-building company was conferred with the ‘Mini-Ratna-I’ status in 2006, by the Department of Public Enterprises. Mazagon Dock Shipbuilders Limited is India’s only shipyard to have built destroyers and conventional submarines for the Indian Navy. They are also one of the initial shipyards to manufacture Corvettes (Veer and Khukri Class) in India.

The business divisions in which Mazagon Dock Shipbuilders Limited operates are (i) shipbuilding and (ii) submarine and heavy engineering.

Mazagon Dock Shipbuilders – Company Financials

Based on Standalone statement:-

Amount (in INR & Millions)
30-Sept-17 31-Mar-17 31-Mar-16
Total Assets
Total Revenue
Total Expense
Profit After Tax

Mazagon Dock Shipbuilders IPO Lead Managers

Lead Managers
Yes Securities (India) Limited
Axis Capital Limited
Edelweiss Financial Services Limited
IDFC Bank Limited
JM Financial Limited

Mazagon Dock Shipbuilders IPO Registrar to Offer

Registrar to the Offer
Address: Alankit Heights, 1E/13 Jhandewalan Extension,
New Delhi – 110055
Telephone: +911- 4254 1952/54
Facsimile: +911-4154 3474
Investor Grievance ID:
Contact Person: Pankaj Goenka /Bojimon KH
SEBI Registration Number: INR000002532

Mazagon Dock Shipbuilders IPO Conclusion


Mazagon Dock Shipbuilders IPO News


Leave a Reply

Get 100% IPO Allotment Guarantee! Subscribe to IPO

Share your details & Become Sub Broker Now!

    Choose Service
    Open Demat Account

    Offer valid for limited time.


    Share your details & Open Demat A/C Now!

      Choose Service
      Open Demat Account

      Offer valid for limited time.


      Share your details & Get IPO Allotment Now!

        Choose Service
        Open Demat Account

        Offer valid for limited time.


        Share your details & Invest in PMS Now!

          Choose Service
          Open Demat Account

          Offer valid for limited time.