Mazagon Dock IPO Mazagon Dock IPO ‘Ship Builder of the Nation’, Remark- Subscribe Issue- Mazagon Dock Shipbuilders Ltd., a defence PSU, has announced opening of its initial public offering for subscription on September 29, with a price band of ₹135 – ₹145 per equity share. Minimum bid lot is 103 equity shares and in multiples thereof. To carry out the disinvestment of 30,599,017 Equity Shares by the Selling Shareholder constituting 15.17% of the Company’s pre-Offer paid-up Equity Share capital. Business model- The ‘Ship Builder of the Nation’, Mazagon Dock Shipbuilders Limited is a defense public sector undertaking shipyard that falls under the Department of Defence Production, MoD. It has a maximum shipbuilding and submarine capacity of 40,000 Dead Weight Tonnage. The company is 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. It is a wholly-owned Government of India company and th
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