Is Mazagon Dock IPO good?

Is Mazagon Dock IPO good?

Mazagon Dock’s shares closed at Rs 173, up 19.31 per cent over its issue price of Rs 145 per share. The Rs 444-crore IPO of Mazagon Dock had received strong response from investors with the issue being subscribed 157.4 times.

Can Mazagon buy IPO?

The Mazagon Dock IPO open date is Sep 29, 2020, and the close date is Oct 1, 2020. The issue may list on Oct 12, 2020….Mazagon Dock IPO Tentative Timetable.

IPO Open Date Sep 29, 2020
Initiation of Refunds Oct 8, 2020
Credit of Shares to Demat Account Oct 9, 2020
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Is Mazagon Dock debt free?

“With high barriers to entry, Mazagon is also debt-free and enjoys a few perks due to its proximity to the coasts of Mumbai.

What was Mazagon IPO price?

Mazagon Dock Shipbuilders IPO Details:

Open Date: Sep 29 2020
Issue Size: 413-444 Cr.
Lot Size: 103 Shares
Issue Price: ₹ 135-145 Per Equity Share
Listing At: NSE,BSE

What does Mazagon Dock do?

Mazagon Dock Shipbuilders Limited, aptly called “Ship Builder to the Nation”, is one of India’s leading Defence public sector undertaking shipyard under the Ministry of Defence. Main activities are construction of warships and submarines with facilities situated at Mumbai and Nhava (under development).

What was the IPO price of Happiest Minds?

Happiest Minds share price today is quoting ₹1208 per stock at NSE — logging around 625 per cent public issue premium. Happiest Minds public issue was listed at BSE and NSE on 17th September 2020 and the issue price was fixed at ₹165 to ₹166.

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Is happiest mind a good buy?

We believe the stock is currently overvalued and is trading above its fair value. Also, the stock is currently trading at P/E of 135 which is much higher than its peers and industry P/E of 33, suggest experts.

Who is the owner of Mazagon Dock?

Vice Admiral Narayan Prasad
Vice Admiral Narayan Prasad, AVSM, NM, IN (Retd), is the Chairman & Managing Director (CMD) of Mazagon Dock Shipbuilders Limited.

How do I join Mazgaon Dockyard?

Click here to login….ऑनलाइन भर्ती / Online Recruitment.

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When Mazagon Dock IPO will open for subscription?

Mazagon Dock IPO would open for subscription on September 29, 2020. Mazagon Dock Shipbuilders Limited is leading defence public sector undertaking shipyard under the Ministry of Defence in India.

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What is Mazagon Dock Shipbuilders Ltd?

Incorporated in 1934, Mazagon Dock Shipbuilders Ltd is the India’s leading defence public sector undertaking shipyard under the Ministry of Defence.

When will Mazagon Dock IPO allotment be credited to Demat account?

The finalization of Basis of Allotment for Mazagon Dock IPO will be done on Oct 7, 2020, and the allotted shares will be credited to your demat account by Oct 9, 2020. Check the Mazagon Dock IPO allotment status.

Should I subscribe to the GOI IPO?

Yes please give buy or not buy signal. Hello Vim, Based on the positive factors and reasonable issue price, you can subscribe. Very nice analysis. The issue is available at a very reasonable PE and therefore may have a listing gains. In fact, after a long time, GoI is coming out with a reasonably priced IPO – the earlier one was IRCTC IPO.