Grey market sees up to 80% listing pop for Mazagon, weak start for UTI AMC

The unlisted market is suggesting a robust debut for PSU mini-ratna Magazon Dock Shipbuilders on Monday, while mutual fund firm UTI Asset Management Company (AMC) may open flat to marginally lower from its issue price. According to the dealers of unlisted space, Magazon Dock Shipbuilders was available at a premium …

Read moreGrey market sees up to 80% listing pop for Mazagon, weak start for UTI AMC

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

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