Mazagon Dock IPO Allotment Status: Check your allotment status

Check below the latest updates for Mazagon Dock IPO allotment status Details, Date, and Link. Check your allotment status here

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The allocation of shares in Mazagon Dock Shipbuilders IPO will be finalised today and those who had bid for the issue can check the subscription status on BSE or Alankit Assignments’ web portal the registrar to the issue.

Are you looking for Mazagon Dock IPO Allotment status link or details? Here you find How to check Mazagon Dock IPO allotment status details on NSE, BSE, and the registrar website.

Mazagon Dock

Those who have applied for the Mazagon Dock IPO will be able to know their allotment status by today on October 8 and the stock will be listed on the exchanges on October 12. According to stock exchange data, The IPO of state-owned defence firm Mazagon Dock Shipbuilders was subscribed a whopping 157.41 times.

Mazagon Dock IPO Tentative Date

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Mazagon Dock IPO Data
Bid/Offer Launch dateSeptember 29, 2020
Bid/Offer Last dateOctober 01, 2020
Basis of Allotment finalization dateOctober 07, 2020
Initiation of RefundsOctober 08, 2020
Credit of Shares to Demat AcctOctober 09, 2020
IPO Shares Listing DateOctober 12, 2020

The Mazagon Dock IPO allotment status will be available on Oct 7, 2020, as per the timeline provided in the red-herring prospectus.

The company will finalise ipo allotment on October 7, while the refunds or unblocking of funds from ASBA accounts which did not get any share in allotment will take place on October 8.

Shares will be credited to accounts of eligible investors on October 9 and the trading in shares will commence from October 12.

Here’s how to check Mazagon Dock IPO allotment status:

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If you subscribed for the Mazagon Dock IPO, you could check your allotment status by following these simple steps:

Option 1: Mazagon Dock IPO Allotment Status Check on BSE Website

Happiest Minds IPO allotment status BSE

Click on the below link provided by the BSE, where you can check the status of Mazagon Dock Allotment.

BSE Mazagon Dock IPO Allotment Check: https://www.bseindia.com/investors/appli_check.aspx

  • Issue Type, Select “Equity
  • Select “Mazagon Dock” from the dropdown
  • Enter your “Application Number
  • Enter your “PAN Number (Permanent Account Number)”;
  • And click on the “Search” button.

Option 2: Mazagon Dock Allotment Check on Registrar Website

Click here to get your Mazagon Dock allotment status on the website of Registrar appointed for IPO Alankit

Open Alankit website IPO Allotment Status page: http://ipo.alankit.com/

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Select IPO “Mazagon Dock” from the dropdown.

Using “Application Number” option,

  • Select “Application Type” box Select “ASBA” or “NON ASBA”;
  • Enter your “Application Number”;
  • Enter “Captcha” mentioned in digits-and-letters in above table;
  • Click on the “Submit” button.

Using “DPID/Client Number” option,

  • Select Depository “NSDL” or CDSL”;
  • Enter DPID (depository participant ID);
  • Enter “Client ID”;
  • Enter “Captcha” mentioned in digits-and-letters in above table;
  • Click on the “Submit” button

Using PAN Number option

  • Enter your PAN number;
  • Enter “Captcha” mentioned in digits-and-letters in above table;
  • Click on the “Submit” button.

Mazagon Dock Shipbuilders Limited IPO (Mazagon Dock IPO) Details

Mazagon Dock Shipbuilders Limited is going to raise Rs 413 crore-Rs 444 crore at a price band of Rs 135 - Rs 145 per share, the three-day share sale will be open for subscription during 29 September to 1 October.

State-owned defence company Mazagon Dock Shipbuilders Limited is an offer for sale by the government. As many as 3,45,517 shares have been reserved for eligible employees. The total offer will constitute 15.17 percent of the post-issue paid-up equity.

Mazagon Dock Shipbuilders IPO

Check here details of Mazagon Dock Shipbuilders IPO date, IPO offer price, lot size, subscription, Mazagon Dock Shipbuilders IPO allotment and listings date, grey market price and other details like the company’s background and more.

Mazagon Dock Shipbuilders IPO Details:

Open Date:September 29 2020
Close Date:October 01 2020
Total Shares:30,599,017
Face Value:₹ 10 Per Equity Share
Issue Type:Book Building
Issue Size:413-444 Cr.
Lot Size:103 Shares
Issue Price:₹ 135-145 Per Equity Share
Listing At:NSE, BSE
Listing Date:Oct 12 2020

About Mazagon Dock Shipbuilders Limited

Mazagon Dock Shipbuilders is a defence public sector undertaking shipyard under the Department of Defence Production (MoD) with a maximum shipbuilding and submarine capacity of 40,000 DWT, as per a CRISIL report.

Mazagon Dock is engaged in the construction and repair of warships and submarines for the ministry and other vessels for commercial clients. The company was conferred with the 'Mini-ratna-I' status in 2006.

Mazagon Dock Promoters And Management:

The promoter is the President of India acting through the MoD. The Promoter along with its nominees, currently holds 100% of the pre-Offer paid-up Equity Share capital of the Company.

Mazagon Dock Shipbuilders Limited IPO Subscription Status Today

Latest Mazagon Dock Shipbuilders Limited IPO status available soon.

Mazagon Dock Shipbuilders IPO Date

Mazagon Dock IPO (initial public offering) subscription opens on September 29 and closes on October 1.

Mazagon Dock IPO Price Band

Mazagon Dock IPO issue price band at Rs 135-145 per equity share.

Mazagon Dock IPO Lot Size

The lot size of the Mazagon Dock IPO is minimum of 103 equity shares and in multiples of 103 equity shares thereafter.

Mazagon Dock IPO Minimum lot of 103 shares of Rs 14,935 and Maximum investment of 13 lots of 1339 stocks at Rs.194155 at The face value of the equity share is Rs 10 each.

Mazagon Dock Limited IPO Issue Size

Mazagon Dock Shipbuilders Limited will offer up to 3,05,99,017 shares through an offer for sale which includes a reservation of 3,45,517 shares for eligible employees.

  • Equity Shares outstanding prior to the Issue = 20,16,90,000 Shares
  • Employee Reservation of 3,45,517 Shares @135/- = Rs. 4.66  Crores (after discount of ~10/-)
  • Offer for Sale of 3,02,53,500 Shares @145/- = Rs.428.09 Crores

Mazagon Dock IPO Objects

“The objects of the offer are to 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. Issue proceeds will go to the president of India, acting through the ministry of defence, Government of India (the selling shareholder)," said a company statement.

Mazagon Dock IPO Grey Market Premium

As per the market conditions we can expect a good GMP for Mazagon Dock IPO with 25% listing gain.

Mazagon Dock Limited IPO Review:

Mazagon Dock IPO Subscribe for Short Term and Long Term View.

Mazagon Dock Company Financial

In FY2020, the company's profit stood at Rs 415 crore on revenue of Rs 5,566 crore. As oon June 2019, Mazagon Dock has an order book of Rs 54,282 crore.

Mazagon Dock Stock Listed on NSE & BSE

Mazagon Dock equity shares after the completion of a public issue will be listed on the National Stock Exchange and on BSE Limited.

Mazagon Dock IPO BRLM

Mazagon Dock IPO book running lead managers (BRLM) appointed for the public issue are Axis Capital, Yes Securities, Edelweiss Financial, IDFC Securities and JM Financial are the book running lead managers to the issue, while Alankit Assignments is the registrar.

Mazagon Dock Shipbuilders Limited IPO Tentative Timetable

Bid/Offer Launch dateSeptember 29, 2020
Bid/Offer Last dateOctober 01, 2020
Basis of Allotment finalization dateOctober 07, 2020
Initiation of RefundsOctober 08, 2020
Credit of Shares to Demat AcctOctober 09, 2020
IPO Shares Listing DateOctober 12, 2020

Mazagon Dock IPO Allotment Status Date and Listing

The company will finalise ipo allotment on October 7, while the refunds or unblocking of funds from ASBA accounts which did not get any share in allotment will take place on October 8.

Shares will be credited to accounts of eligible investors on October 9 and the trading in shares will commence from October 12.

Mazagon Dock IPO allotment status will be available on Alankit website.

FAQs

How to Apply the Mazagon Dock IPO Online and Offline?

You can apply Mazagon Dock IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply offline via your stock brokers by filling up the offline form.


What is Mazagon Dock IPO Allotment Date?

Mazagon Dock IPO allotment date is 7 October 2020

How to Check Mazagon Dock IPO Allotment Status?

Mazagon Dock IPO allotment date is 7 October 2020. You can check Angel Broking IPO allotment status on Alankit website.


What is Mazagon Dock Stock Listing Date?

Mazagon Dock Stock listing date is 12 October 2020. The IPO to list on NSE and BSE.

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