Mazagon Dock IPO subscribed 22 times; NII quota 144 times

The initial public offering by Mazagon Dock Shipbuilders got subscribed over 22 times on the last day of the bidding process. The Rs 444 crore public offer has received bids for 67,47,27,765 shares as of 12.30 pm against 3,05,99,017 units on offer. The portion meant for qualified institutional buyers (QIBs) …

Read moreMazagon Dock IPO subscribed 22 times; NII quota 144 times