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 infrastructure facilities.
� Strategic location at Mumbai on the west coast of India.
� Strong order book and financial position.
Mazagon Dock IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹135 to ₹145 per equity share |
| Market Lot | 103 Shares |
| Min Order Quantity | 103 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 543237 |
| NSE Symbol | MAZDOCK |
| ISIN | INE249Z01012 |
| Issue Size | Aggregating up to ₹443.69 Cr |
| Offer for Sale | Aggregating up to ₹443.69 Cr |
Mazagon Dock IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 29-Sep-20 |
| IPO Close Date | 1-Oct-20 |
| Basis of Allotment Date | 7-Oct-20 |
| IPO Listing Date | 12-Oct-20 |
Mazagon Dock IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 103 | ₹14,935 |
| Maximum | 13 | 1339 | ₹194,155 |
IPO Allotment Status
please click hare to check IPO Allotment Status For Mazagon Dock Shipbuilders Limited
Company Financials:
| PARTICULAR | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 |
| Total Assets | 209,660.28 | 208,479.34 | 193,703.72 | 193,911.65 |
| Total Revenue | 55,353.07 | 52,046.74 | 50,276.29 | 42,748.63 |
| Profit After Tax | 4,770.59 | 5,324.74 | 4,961.73 | 5,982.58 |
Company Promoters:
The President of India acting through the Ministry of Defence, GoI is the promoter of the company.
Objects of the Issue:
The net proceed from the IPO will be used towards following objectives;
� To carry out the disinvestment plan of 30,599,017 equity shares by selling shareholders constitutes 15.17% of pre-offer equity share capital
� To achieve the benefits of share listing on the stock exchanges.
Registrar & Company Details
| Company Contact Information | Mazagon Dock IPO Registrar |
| Mazagon Dock Shipbuilders Limited Dockyard Road, Mazagon, Mumbai – 400010 Phone: 91 22 2376 2000 Email: investor@mazdock.com Website: https://mazagondock.in/ | Alankit Assignments Ltd Alankit House 2E/21, Jhandewalan Extension, New Delhi – 110055 Phone: (011) 4254 1234 Email: abhijitd@alankit.com Website: https://www.alankit.com/ |
