The initial public offer (IPO) of Mazagon Dock Shipbuilders Ltd subscribed 7.54 times on Wednesday the second day of the offering data from stock exchanges show.
Mazagon Dock Shipbuilders Ltd has set a price band of Rs 135-145 per share and the IPO closes on 01st October.
The portion of shares reserved for non institutional investors was subscribed 4.9649 times, while shares reserved for retail investors was subscribed 15.53 times.
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