Mazagon Dock Shipbuilders IPO: Here’s how to check share allotment status

The Rs 440-crore original public supplying (IPO) of Mazagon Dock Shipbuilders noticed robust desire and was subscribed 157 periods versus the shares on present, building it a single of the most-subscribed public supplying of a point out-owned firm.

The supplying created bids truly worth Rs 70,000 crore, with the higher networth individual (HNI) portion of the situation receiving 679 periods subscription. The retail portion was subscribed approximately four periods, when the institutional investor category was in excess of-bid by ninety periods.

The targets of the IPO is to have out the disinvestment of thirty,599,017 fairness shares constituting 15.17 per cent of company’s pre-present paid up fairness share money and to achieve the advantages of listing on the inventory exchanges.

The allotment of the IPO’s shares has now been finalised and traders may verify the position on the sites of either the BSE or Alankit Assignments — the registrar to the public situation.

Ways to verify the share allotment

— An applicant monitoring BSE internet site can verify on “Fairness” box and pick out his/her “Challenge Identify” in the dropdown menu — Mazagon Dock Shipbuilders Restricted. Soon after that, kind your “Application Number” in the box, “Lasting Account Number (PAN No.)” and click on on “Look for” button.

— Investors may also verify the position on the internet site of Alankit Assignments and follow the identical steps as mentioned earlier mentioned. Take a look at the public difficulties web page of Alankit Assignments (click on right here to specifically leap to the web page). Pick ‘Mazagon Dock Shipbuilders Limited’ from the firm fall-down menu. Pick a single of the options — PAN, application selection, or DP/Consumer ID — to enter own details and click on ‘submit’.

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