Don’t expect Mazagon to do an IRCTC on debut; grey market premium shrinks

NEW DELHI: After a series of stellar debuts on Dalal Street, PSU mini-ratna Mazagon Dock shipbuilders was being projected as the next stock waiting to deliver eye-popping listing gains. Investors are keenly awaiting for the debut as the initial public offer (IPO) saw highest-ever subscription among all PSUs that have …

Read moreDon’t expect Mazagon to do an IRCTC on debut; grey market premium shrinks

After a record subscription, Mazagon looks set to break defence IPO jinx

NEW DELHI: At 157.41 times subscription, Mazagon Dock Shipbuilders attracted the highest ever interest amongst all PSUs that have hit the primary market. It beat IRCTC, whose initial public offer (IPO) last year, drew 109.75 times subscription. With a strong grey market premium, the ‘Miniratna’ company now looks set to …

Read moreAfter a record subscription, Mazagon looks set to break defence IPO jinx

Mazagon Dock may deliver strong listing gains. Check IPO allotment status here

NEW DELHI: Hinting at a strong debut on Monday, shares of Mazagon Dock Shipbuilders were trading at a premium of about 79 per cent in the unlisted market today. The basis of allotment is expected to be finalised today while shares would get credited in demat accounts of successful applicants …

Read moreMazagon Dock may deliver strong listing gains. Check IPO allotment status here