Mazagon Dock Stake Sale Oversubscribed by Institutions Ahead of Retail Bidding

⚓ The government’s 2.83% stake sale in

Shipbuilders saw strong demand from institutional investors, with bids oversubscribed 1.42 times, totaling around ₹3,700 crore. The OFS carries a floor price of ₹2,525 per share and includes a greenshoe option for an extra 2% stake. Retail investors can bid starting April 7.