Mazagon Dock Shipbuilders IPO

Mazagon Dock Shipbuilders IPOBusiness description - Mazagon Dock Shipbuilders is a defence public sector undertaking shipyard under the Department of Defence Production, MoD with a maximum shipbuilding and submarine capacity of 40,000 DWT (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, including cargo ships, passenger ships, supply vessels, multipurpose support vessels, water tankers, tugs, dredgers, fishing travelers.

The company operates in two divisions – Shipbuilding; and Submarine and heavy engineering. The shipbuilding division includes the building and repair of naval ships. It is currently building four P-15 B destroyers and four P-17A stealth frigates for the MoD for use by the Indian Navy. The submarine and heavy engineering division includes building, repair and refits of diesel electric submarines. The company is currently building five Scorpene class submarines under a transfer of technology agreement with Naval Group for the MoD for use by the Indian Navy. Since 1960, it has built a total of 795 vessels including 25 warships, from advanced destroyers to missile boats and three submarines.

Promoters of Mazagon Dock Shipbuilders - The President Of India
Mazagon Dock Shipbuilders IPO details
Subscription Dates To be updated
Price Band To be updated
Fresh issue Nil
Offer For Sale 22,410,000 shares
Total IPO size 22,410,000 shares
Minimum bid (lot size) To be updated
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE
Mazagon Dock Shipbuilders' financial performance (in INR crore)
FY2013* FY2014* FY2015 FY2016 FY2017 H1 FY2018
Total revenues 2,864.7 3,499.8 4,210.9 4,886.7 4,295.1 2,062.6
Total expenses 2,241.6 3,934.1 3,426.7 3,962.3 3,458.1 1,661.0
Profit after tax 407.3 -283.0 528.4 606.9 548.1 217.2
Net margin (%) 14.2 -8.1 12.5 12.4 12.8 10.5

* Figures of FY2013 and FY2014 are based on Indian GAAP. Figures for subsequent years are based on Ind AS.

More about Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders Contact Details

Mazagon Dock Shipbuilders Limited 
Dockyard Road,
Mumbai - 400010

Phone: +91 22 2376 2000
Fax: 
+91 22 2372 5043
Email:
[email protected]
Website: www.mazagondock.in

Registrar of Mazagon Dock Shipbuilders IPO

Alankit Assignments Limited
205-208, Anarkali Complex,
Jhandewalan Extension
New Delhi - 110 055

Phone: +91 11 4254 1234
Fax: +91 11 4154 3474
Email[email protected]
Website: www.alankit.com

Valuation of Mazagon Dock Shipbuilders (FY2017)

Earnings Per Share (EPS): INR23.92

Price/Earnings (P/E) ratio: To be updated

Return on Net Worth (RONW): 19.84%

Net Asset Value (NAV): INR120.57 per share

Mazagon Dock Shipbuilders IPO Subscription Details
Category Shares offered Subscription (no. of times)
Day 1 Day 2 Day 3
QIB
NII
Retail
Total

 

Mazagon Dock Shipbuilders IPO Allotment Status

Mazagon Dock Shipbuilders IPO allotment status will be available on Alankit Assignments' website. Click on this link to get allotment status.

Listing Performance of Mazagon Dock Shipbuilders

IPO Opening Date: To be updated

IPO Closing Date: To be updated

Finalisation of Basis of Allotment: To be updated

Initiation of refunds: To be updated

Transfer of shares to demat accounts: To be updated

Listing Date: To be updated

Listing Price on NSE: To be updated

Closing Price on NSE: To be updated

Mazagon Dock Shipbuilders IPO
3.8 (76.67%) 6 votes

2 thoughts on “Mazagon Dock Shipbuilders IPO

  • August 31, 2018 at 9:52 AM
    Permalink

    Looking at Cochin Shipyard no one will be interested in Mazagon

    Reply
    • August 31, 2018 at 5:17 PM
      Permalink

      Right said. PSUs are anyway out of fashion…

      Reply

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