Mazgoan Dock IPO is public offer of shares from Mazagon Dock Shipbuilders Limited. A leading Shipbuilding company in the industry and promoted by government of India. Company founded in 1934 and headquartered located in Mumbai, Maharashtra, India. More than 8790+ employee works.
Mazagon Dock Shipbuilders Limited provides services like Ship design, Ship building, Ship repair. Current Chairman & MD of company is Narayan Prasad. Mazagon Dock Shipbuilders Limited located in most famous mazagon dock which is famous for huge fish market in Mumbai.
Company show Revenue of₹5,289.53 crore (US$740 million) in 2019 & Operating income of ₹830.78 crore (US$120 million) in 2019, Net income of ₹519.40 crore (US$73 million) in 2019, Total assets of Increase ₹20,402.11 crore (US$2.9 billion) in 2019, Total equity of ₹2,805.89 crore (US$390 million) in 2019
Key Points
- India’s biggest shipbuilding company.
- Promoted by government of India.
- Good Reputation.
- Profit Making Company.
- low competition.
Mazgoan Dock Issue Details
| Issue | Details |
|---|---|
| Name | Mazgoan Dock |
| Issue Opens | 29-Sep-2020 |
| Issue Closes | 01-Oct-2020 |
| IPO Type | Book Built Issue IPO |
| Exchange | BSE, NSE |
| Face Value | ₹10 per equity share |
| Issue Size (crore) | Total 30,599,017 Eq Shares (overall up to ₹ 443.70 crore) |
| Fresh Issue | NIL |
| Price Band | ₹135 to ₹145 per equity share |
| No. of shares on offer (crore) | 3,05,99,017 Equity Shares |
| QIB (%) | Up to 50% (1,51,26,750 Equity Shares) |
| Non-Institutional (NII) | UP to 15% (45,38,025 Equity Shares) |
| Retail (%) | Up to 35% (1,05,88,725 Equity Shares) |
| Minimum Lot Size | 103 shares (1 Lots) ₹14,935 for 1 lot |
| Maximum Lot Size | 1339 shares (13 Lots) ₹194,155 for 13 lots |
| Minimum Order Quantity | 103 shares |
| Employee Discount | Reservation of Up To 3,45,517 Equity Shares. ₹135 Per Equity Share |
Mazgoan Dock IPO Issue Size
| Issue | 30,599,017 Equity Shares |
| Fresh Issue | NIL |
| Offer for Sale | 30,599,017 Equity Shares |
Mazgoan Dock IPO Share Allocation Category Wise
- Qualified Institutional Buyer (QIBs): 50%
- Retail Individual Investors: 35%
- Non-Institutional Investors: 15%
Shareholding Pattern Pre & Post Issue (%)
| Shareholder Name | Pre-Issue Stake% | Post-Issue Stake% |
|---|---|---|
| Promoter (Government of India) | 100% | 85% |
Objectives of Mazgoan Dock IPO
- The first objective is to raise Rs 445 crore to Rs 450 crore.
- Increase the company’s value up-to Rs 3000 crore.
- 3,05,99,017 equity shares have been offered for sale.
- Increasing the brand value of the company.
Services Offered by Mazgoan Dock
- Naval ships
- Submarines
- offshore platforms
- Tankers
- Bulk carriers
- Platform supply vessels
- Patrol boats
Mazgoan Dock Financial Details (INR ₹ in Crore,)
| Particulars | FY17 | FY18 | FY19 | FY20 |
|---|---|---|---|---|
| Revenue | 4,274 | 5,027 | 5,204 | 5,535 |
| Expenditure | 3,444 | 4,377 | 4,426 | 4,787 |
| Profit/Loss | 597 | 456 | 513 | 458 |
| Net Margin | 14.0 | 9.1 | 9.9 | 8.3 |
Mazgoan Dock Company Contact Information
| Contact Details | Registrar |
|---|---|
| Mazagon Dock Shipbuilders Limited Dockyard Road, Mazagon, Mumbai – 400010 Maharashtra, India | Alankit Assignments Limited 205-208, Anarkali Complex, Jhandewalan Extension New Delhi – 110 055 |
| Phone: +91 22 2376 2000 | Phone: +91 11 4254 1234 Fax: +91 11 4154 3474 |
| Email: [email protected] | Email: [email protected] |
| Website: mazagondock.in | Website: alankit.com |
Mazgoan Dock IPO Allotment Status
- IPO Opening Date: 29 Sep 2020
- IPO Closing Date: 01 Oct 2020
- Final Allotment: 07 Oct 2020
- Refunds: 08 Oct 2020
- Transfer of shares to Demat accounts: 09 Oct 2020
- listing Date: 12 Oct 2020
Listing Day Mazgoan Dock Listing Day Performance.
| Details | NSE | BSE |
| Listing Date | 12 Oct 2020 | 12 Oct 2020 |
| IPO Price | ₹145.00 | ₹145.00 |
| Open | ₹216.25 | ₹214.90 |
| High | ₹216.65 | ₹216.95 |
| low | ₹173.00 | ₹171.95 |
| Close | ₹173.00 | ₹171.95 |
| Volume | 3,596,526 | 39,929,204 |
| Listing Day P/L | +19.32% | +18.58% |
Expert Reviews.
| Expert Name | Suggestion |
|---|---|
| Angel Broking | Subscribe |
| Anand Rathi Online | Subscribe |
| Axis Capital | None |
| Dilip Davda | Subscribe |
| Geojit Securities | Subscribe |
| GEPL Capital | Subscribe |
| HDFC Securities | None |
| IIFL Wealth | Subscribe |
| Motilal Oswal | Long Term |
| Ventura Securities | Subscribe |
Subscription Details
| Category | Offered Shares | DAY 1 29-sep-20 | DAY 2 30-sep-20 | DAY 3 01-oct-20 |
|---|---|---|---|---|
| QIB | 1,51,26,750 | 0.04x | 2.83x | 89.71x |
| NII | 45,38,025 | 0.78x | 4.96x | 678.88x |
| Retail | 1,05,88,725 | 5.68x | 15.53x | 35.63x |
| Employee | 1,05,88,725 | 0.28x | 1.04x | 3.88x |
| Total | 30,599,017 | 2.10x | 7.52x | 157.41x |
Mazgoan Dock IPO Lead Managers
| Lead Manager(s) |
|---|
| YES Securities (India) Limited |
| Axis Capital Limited |
| Edelweiss Financial Services Limited |
| JM Financial Limited |
| Alankit Assignments limited |
| IDFC Securities limited |
Company Promoters and Boards of Directors
| Promoters of Company | The President Of India, Acting Through The Ministry Of Defence, Government Of India |
| Key people | Chairman & Managing Director: Narayan Prasad Director (Corporate Planning & Personnel): T V Thomas Director (Ship Building): RAdm A K Saxena Director (Submarine & Heavy Engineering): Jasbir Singh Director (Finance): Sanjeev Singhal |
Mazgoan Dock IPO Grey Market Updates
- Grey Market Premium price: ₹110 – ₹120
- Kostak rate: ₹450
- Sauda: ₹8000
Mazgoan Dock IPO Ratings & Reviews
| Benchmarks | Ratings |
|---|---|
| Business Model | 4.5/5 |
| Industry Analysis | 4.5/5 |
| Competitive Advantage | 4/5 |
| Management | 4.5/5 |
| Corporate Governance | 4/5 |
| Company Reports | 4.5/5 |
| Evaluate Balance Sheets | 4/5 |
| Financial Performance | 4.5/5 |
| Quality Of Earnings | 4.8/5 |
| Top Broker Reviews | 4/5 |
| Overall Rating | 4.5/5 |
Mazgoan Dock Competitive Peers
| Company Name | Revenue (Crore) | Net Income (Crore) | Earning Per Share | Profit After Tax (Crore) |
|---|---|---|---|---|
| Mazgoan Dock | ₹5,289.53 | ₹830.78 | 23.85 | ₹519.40 |
| Garden Reach Shipbuilders | ₹1,658.79 | ₹163.48 | 12.08 | ₹163.48 cr |
| Cochin Shipyard Ltd | ₹3,669.99 | ₹637.69 | 42.58 | ₹632.01 |
FAQs for Mazgoan Dock IPO
What is Mazgoan Dock IPO?
This IPO offer by Mazagon Dock Shipbuilders Limited. Company planning to expand capital by listing on BSE, NSE.
How do I apply for the Mazgoan Dock IPO?
Anyone having demat account are eligible for application. There are two method available for application.
ASBA Payment Method: The net-banking facility available for online IPO application.
UPI Payment Method: By using UPI payment method for application process.
What is the Mazgoan Dock IPO issue date?
Mazgoan Dock IPO issue period is from 29 Sep 2020 to 01 Oct 2020.
What is the Mazgoan Dock IPO allotment date?
Allotment date is 07 Oct 2020 and share will transfer to your demat account on 09 Oct 2020.
What if Mazgoan Dock IPO Shares not allotted to me?
Suppose Mazagon Dock Shipbuilders shares not allotted to you than refund will be credited to your linked bank account.
How to Apply Mazgoan Dock IPO through Zerodha?
Zerodha customers can apply for Yes Bank through UPI’s payment gateway by Zerodha Console. Pls follow Below steps.
login to console.zerodha.com
Portfolio<<IPOs
Get the list of current listed IPOs.
You can apply for an IPO online.
What is the Mazgoan Dock IPO Listing date?
Listing date for this IPO is 12 Oct 2020.
Is there any other Mazgoan Dock IPO Listing later this year?
There is no such information available regarding the further listing of Mazgoan Dock IPO.
Will I get a discount if I am Yes Bank Employee?
No discount for employee but 3,45,517 shares reserved for employee of the company.
What is the Lot Size of Mazgoan Dock IPO?
Minimum 103 shares (1 lot) is available. One share price is ₹145 so 1 lot of 103 shares will be ₹14,935.
What is the face value of Mazgoan Dock IPO?
Face value is ₹ 10 Per Equity Share.
What Mazgoan Dock IPO symbols in NSE & BSE?
NSE: MAZDOCK, BSE: 543237
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