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This story is from October 12, 2020
Mazagon Dock to debut with strong gains today
Mumbai: Mazagon Dock Shipbuilders is expected to list with a strong gain on Monday, making it another blockbuster 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, the grey market premium for Mazagon Dock shares was Rs 100-105, indicating a listing price of around Rs 250.
This signals a listing gain of 72%.
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