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Mazagon Dock Shipbuilders IPO: How To Check Allotment Status

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Mazagon Dock Shipbuilders Shares: The shares will probably be listed on inventory exchanges BSE and NSE on October 12.

The allotment of preliminary public providing (IPO) shares of Mazagon Dock Shipbuilders, the nation’s largest defence firm, has been finalised on October 8. The Mumbai-based firm’s Rs 444 crore IPO, which was open for bidding for 3 days i.e. from September 29 to October 1, was subscribed greater than 157 occasions. The share providing acquired bids for 481.65 crore shares, as towards the difficulty dimension of three.06 crore, NSE information confirmed. The shares will probably be listed on inventory exchanges BSE and NSE on October 12.

The firm had fastened the difficulty value within the value band of Rs 135-145 per share. The authorities, which has 100 per cent possession of the corporate, expects to dump 15.17 per cent stake and garner Rs 444 crore within the share providing on the increased finish of the value band.

Mazagon Dock Shipbuilders was included in 1934 and operates underneath the Ministry of Defence. It manufactures dredgers, water tankers, cargo ships and multipurpose assist vessels.

Axis Capital, DAM Capital Advisors Ltd (Formerly IDFC Securities), Edelweiss Financial Services, JM Financial Consultants and Yes Securities are the lead managers of the IPO, whereas Alankit Assignments is the registrar.

How to examine the allotment standing of Mazagon Dock IPO?

Access the web site of the registrar, Alankit Assignments, at http://ipo.alankit.com/

  1. In the dropdown menu, choose ‘Mazagon Dock Shipbuilders’
  2. Check one of many three bins: utility quantity, depository ID/shopper ID or PAN (Permanent Account Number)
  3. If you checked the ‘Application Number’ field, choose utility kind (ASBA/NON ASBA) in dropdown and enter the applying quantity.
  4. If you checked the DP ID/Client ID or PAN field, enter DP ID/Client ID or PAN quantity, as relevant
  5. Enter ‘CAPCHA’ within the field
  6. Click the ‘Search’ button.

The allotment standing will also be checked on the BSE web site:

  1. In the difficulty kind, examine the ‘Equity’ field
  2. Under difficulty identify, choose ‘Mazagon Dock Shipbuilders’
  3. Enter utility quantity
  4. Enter PAN quantity
  5. Click the ‘Search’ button.



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