Mazagon Dock Shipbuilders Ltd Ipo Details

By Author: Stock Investor
Total Articles: 243
Comment this article

Mazagon Dock Shipbuilders Ltd IPO Subscription Period From 29th September To first October 2020:

In the first place, Mazagon Dock Shipbuilders Limited is the biggest warships and submarines fabricating organization in India. The organization was fused in 1934 and situated at Mumbai. It likewise producing big haulers, freight mass transporters, traveler boats, and warships to the Indian Navy. The IPO membership period will begin on 29th September and it will close on first October 2020.

Initial public offering Details:

Offer period: 29th September to first October 2020.

Initial public offering Type: Book Built Issue IPO.

Initial public offering Size: 3,05,99,017 value portions of Rs. 10 (accumulating up to Rs. 443.69 Cr).

Offer for Sale: 3,05,99,017 value portions of Rs. 10 (accumulating up to Rs. 443.69 Cr).

Face Value: Rs. 10 for every value share.

Initial public offering Price: Rs. 135 to Rs. 145.

Market Lot: 103 shares.

Least Order Quantity: 103 shares.

Posting At: BSE, NSE. ...
...

The organization presented a 'Book Built Issue' type first sale of stock with the assumed worth of Rs. 10 for each value share. Likewise, the value band of the issue from Rs. 135 to Rs. 145 for every value share.

The market part and the base request amount is 103 for every each. In the event that any financial specialist ought to put resources into this organization with a base venture measure of Rs. 14,935 (1 part = 103 offers). Additionally, the most extreme venture measure of Rs. 1,94,155 (13 parcels = 1,339 offers).

Mazagon Dock Shipbuilders Promoter Holdings:

The organization doesn't have a distinguished advertiser as far as SEBI for this IPO.

Pre Issue Share Holding: 100%.

Post Issue Share Holding: 85%.

The target of the organization, it intends to use the IPO raised the sum to accomplish the advantages of posting the value shares and the offer of up to 3,05,99,017 value shares by the selling investors. The organization offers will be list on both the BSE and NSE.

The Mazagon Dock Shipbuilders Ltd. will give the designation request on seventh October 2020. On the off chance that in the event that offers are not apportioned to any speculator the offer sum will be discounted on eighth October. Its offers will list on twelfth October 2020 on both the BSE and NSE.

Initial public offering Registrar:

Alankit Assignments Ltd.

Alankit House 2E/21, Jhandewalan Extension,

New Delhi-110055.

Telephone: (011) 4254 1234

Email: abhijitd@alankit.com

Site: https://karisma.alankit.com/

Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or proposal. If you don't mind read the offer report cautiously and counsel your counselor before contributing.
https://creationsnew2020.wixsite.com/pkstockinvestor/post/mazagon-dock-shipbuilders-ltd-ipo-details