Company Details

  • Mazagon Dock Shipbuilders Limited is wholly owned GoI Company, conferred with the ‘Mini-ratna-I’ status in 2006, by the DPE. Company’s shipbuilding and submarine and heavy engineering divisions are both ISO 9001:2015 certified.
  • Company is into defence public sector undertaking shipyard under the Department of defense Production, MoD with a maximum shipbuilding and submarine capacity of 40,000 DWT (Source: CRISIL Report), 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.
  •  Company is India’s only shipyard to have built destroyers and conventional submarines for the Indian Navy. Company is also one of the initial shipyards to manufacture Corvettes (Veer and Khukri Class) in India (Source: CRISIL Report).
  •  The business divisions in which Company operate are :
  • Shipbuilding:Shipbuilding division includes the building & repair of naval ships.
  • (ii) Submarine and heavy engineering: Submarine and heavy engineering division includes building, repair and refits of diesel electric submarines.

Since 1960, Company have built 795 vessels including 25 warships, from advanced destroyers to missile boats and 3 submarines. (Source: CRISIL Report). Company has also delivered cargo ships, passenger ships, supply vessels, multipurpose support vessels, water tankers, tugs, dredgers, fishing trawlers, barges and border outposts for various customers in India as well as abroad. (Source: CRISIL Report).

Issue Period Issue Opens On:   Tuesday, September 29th, 2020
Issue Closes On:    Thursday, October 01st, 2020
Price Band Rs.135/- to Rs.145/- per equity shares
Bid Lot 103 Shares and in multiple thereof
Issue Size Rs. 444  Cr.
Employee Reservation 345,517 Equity Shares ( 5 Cr.)
Issue break-up QIB  – 50 % of the Net offer – Rs. 219 Cr.
NIB  – 15 % of the Net offer – Rs.   66 Cr.
RET – 35 % of the Net offer –  Rs. 154 Cr.
Listing NSE & BSE
Registrar Alankit Assignments Limited.
UPI All Retail Applications through brokers are compulsorily in UPI Mode