Mazagon Dock Shipbuilders IPO Subscription Status
Mazagon Dock Shipbuilders IPO was subscribed 157.41 times when bidding closed on 1 Oct 2020: QIB 89.71x, NII 678.88x, Retail 35.63x.
The Mazagon Dock Shipbuilders IPO has been subscribed 157.41x times overall. Retail investors have shown interest with bids for 35.63x the shares available. The Non-Institutional Investor (NII) category has been subscribed 678.88x. Qualified Institutional Buyers (QIBs) have subscribed 89.71x. Data last updated on 11 Nov, 06:59 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 29 Sep, 2020 and closes on 01 Oct, 2020. The shares are expected to list on stock exchanges on 12 Oct, 2020.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 89.71x |
| NII | - of - - | 678.88x |
| Retail | - of - - | 35.63x |
| Employee | - of - - | 3.88x |
| TOTAL | - - | 157.41x |
Mazagon Dock Shipbuilders IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 36 applicants will be successful.
Market Sentiment
Strong grey market premium of 72% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 89.71x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
01 Oct 2020
Day 3 |
157.41x | ▼ | |
|
QIB89.71x
BHNI-
SHNI-
Retail35.63x
Employee3.88x
|
|||
|
30 Sep 2020
Day 2 |
7.52x | ▼ | |
|
QIB2.83x
BHNI-
SHNI-
Retail15.53x
Employee1.04x
|
|||
|
29 Sep 2020
Day 1 |
2.09x | ▼ | |
|
QIB0.04x
BHNI-
SHNI-
Retail5.56x
Employee0.28x
|
|||
Mazagon Dock Shipbuilders IPO dates
From the bidding window to listing. Today is 11 November.
- Open 29 Sep 2020
- Close 01 Oct 2020
- Allotment 07 Oct 2020
- Refund/credit 08 Oct 2020
- Listing 12 Oct 2020
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Mazagon Dock Shipbuilders IPO?
As of IPO close date (01 Oct, 2020), the Mazagon Dock Shipbuilders IPO is subscribed 157.41x times. Retail category is 35.63x, and NII is 678.88x subscribed.
When is the allotment date for Mazagon Dock Shipbuilders IPO?
The allotment for Mazagon Dock Shipbuilders IPO is expected to be finalized on 07 October, 2020.
What is the GMP of Mazagon Dock Shipbuilders?
The Grey Market Premium (GMP) for Mazagon Dock Shipbuilders is currently ₹105, indicating a potential listing gain of 72%.
When will Mazagon Dock Shipbuilders IPO list on the stock market?
Mazagon Dock Shipbuilders is scheduled to list on BSE and NSE on 12 October, 2020.
What are the chances of getting allotment in Mazagon Dock Shipbuilders IPO?
The retail category is oversubscribed at 35.63x, meaning allotment is by lottery. Statistically, approximately 1 in 36 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 89.71x mean for Mazagon Dock Shipbuilders IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 89.71x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Mazagon Dock Shipbuilders IPO allotment status?
After the allotment date (07 Oct, 2020), you can check your Mazagon Dock Shipbuilders IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Mazagon Dock Shipbuilders IPO further
Track every stage of this IPO, from subscription to listing.
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Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
