Mazagon IPO receives overwhelming response from investors, subscribed 157x on last day

The initial public offering of ship builder Mazagon Dock Shipbuilders Limited (MDL) closed on Thursday, with an overwhelming response from investors. “The issue was subscribed more than 157 times. We thank all the investors for their interest,” secretary of department of investment and public asset management (DIPAM) Tuhin Kanta Pandey …

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