Saturday, 26 September 2020 11:52

Mazagon Dock Shipbuilders Set Issue Price Band From Rs. 135 to Rs. 145

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Mazagon Dock Shipbuilders Set Issue Price Band From Rs. 135 to Rs. 145

Mazagon Dock Shipbuilders sets IPO price band at Rs 135-145, to raise Rs  444 crore

In any case, Mazagon Dock Shipbuilders Ltd. is the biggest warships and submarines producing organizations in India. The organization was joined in 1934 and situated at Mumbai. It likewise producing big haulers, freight mass transporters, traveler boats, and warships to the Indian Navy.

Additionally, the public segment shipyard organization Mazagon Dock has worked under the Indian protection service. Directly, the Mazagan Dock Shipbuilders intends to go into people in general through its first sale of stock.

The organization wanting to raise from Rs. 413 Cr to Rs. 444 Cr from this IPO. The IPO membership period may begin on 29th September and it will close on first October 2020. Though, the state-claimed protection organization gives a proposal to offer of 3,05,99,017 value shares by the legislature.

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