This story is from October 12, 2020
Mazagon Dock to debut with strong gains today
Mumbai:
Stay ahead in business with The Times of India. Check out Financial Calculators like SIP, PPF, FD, NPS and Mutual Fund Calculators.
Mazagon Dock Shipbuilders
is expected to list with a strong gain on Monday, making it anotherblockbuster
one following Chemcon and Happiest Minds in September. On October 1, when the IPO closed, it was subscribed 157 times — making it the most successful such offer by any PSU. On Sunday evening, thegrey market
premium forMazagon Dock
shares was Rs 100-105, indicating alisting
price of around Rs 250. This signals a listing gain of 72%.Stay ahead in business with The Times of India. Check out Financial Calculators like SIP, PPF, FD, NPS and Mutual Fund Calculators.
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