Mazagon Dock Shipbuilders IPO allotment status to be announced today— here’s how to check

• The basis of allotment for ₹444 crore initial public offering of Mazagon Dock Shipbuilders will be announced on October 7, and listing is scheduled for October 12.
• The Mazagon Dock Shipbuilders issue was subscribed 157 times on the last day of bidding.
• Here’s how to check the Mazagon IPO allotment status on NSE, BSE, and the registrar website.
• Check out the latest news and updates on Business Insider.

The ₹444 crore initial public offering of the state-owned defence firm Mazagon Dock Shipbuilders was one of the investors’ favourite picks. The IPO witnessed strong demand from day one. And it is still commanding a premium in the grey market compared to other IPO peers that opened for subscription last week.

The Mazagon Dock Shipbuilders issue was subscribed 157 times on the last day of bidding, which is much higher than its other IPO peers— UTI AMC and Likhitha Infrastructure Limited, which got subscribed 2.21 times and 8.3 times, respectively. According to the stock-exchange data, the Mazagon Dock Shipbuilders issue received bids for 480.5 crore equity shares against the offer size of 3.06 crore equity shares.

Mazagon Dock Shipbuilders IPO	Qualified Institutional Buyer	Non-institutional Investor	Retail Individual Investor	Employee	Total
Offer size	15,126,750	4,538,025	10,588,725	345,517	30,599,017
No. of times issue subscribed	89.71x	678.88x	34.65x	3.91x	157.07x

The basis of allotment for ₹444 crore initial public offering of Mazagon Dock Shipbuilders will be announced on October 7, and listing is scheduled for October 12.

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

If you have bid for the Mazagon Dock Shipbuilders IPO, you can check your allotment status by following these simple steps:

To check on the stock-exchange website:

• To check the Mazagon Dock Shipbuilders IPO allotment status, go to the BSE website or NSE website.
• On BSE, Select ‘Equity’ and then from the dropdown, select ‘Mazagon Dock Shipbuilders’.
• Now, enter your application number and PAN.
• Hit ‘Search’.

Please note the details will only be available once the shares are allotted.

You can also visit the Registrar website (Alankit Assignments Limited) to check your application status.

• Visit the registrar’s website here.
• Click on ‘Select company’ and click on ‘Mazagon Dock Shipbuilders -IPO.’ It will only appear post allotment on October 7.
• Once the company is selected, you will have to enter either your PAN detail, the application number, or client ID.
• Enter the captcha and click ‘submit.’

Your application status will appear on the screen once you click ‘submit.’ Please make sure the details you provided are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.

SEE ALSO: Mazagon Dock IPO shines while UTI AMC and Likhitha Infrastructure clock in a tepid response from investors

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