Government Expands Stake Sale in Mazagon Dock Shipbuilders OFS to 4.01%
The Indian government has increased its stake sale in Mazagon Dock Shipbuilders' Offer for Sale (OFS) from 2.83% to 4.01%. The expansion adds 1.18% stake through an oversubscription option, offering 47.69 lakh additional shares. The floor price is set at Rs 2,525.00 per share, with retail investors participating on April 7, 2025. This move aims to broaden the investor base and improve stock liquidity for the key player in India's shipbuilding industry.

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The Indian government has significantly increased its stake sale in the ongoing Offer for Sale (OFS) of Mazagon Dock Shipbuilders , a move that could potentially broaden the company's investor base and improve stock liquidity.
Expanded Stake Sale
Initially set at 2.83%, the government has now expanded the total stake sale to 4.01% of Mazagon Dock Shipbuilders. This expansion comes through the activation of an oversubscription option, which adds an additional 1.18% stake to the OFS.
Key Details of the OFS
- Total Shares on Offer: The additional stake translates to 47.69 lakh shares being made available to investors.
- Floor Price: The government has set the floor price for the OFS at Rs 2,525.00 per share.
- Retail Investor Participation: Retail investors will have the opportunity to participate in the OFS on April 7, 2025.
Implications for Investors
This expanded OFS presents an opportunity for investors to acquire shares in Mazagon Dock Shipbuilders, a key player in India's shipbuilding industry. The increased stake sale could potentially lead to:
- Enhanced liquidity in the stock
- Broader investor participation
- Progress towards the government's disinvestment targets
About Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders Limited is a premier shipbuilding company in India, primarily catering to the needs of the Indian Navy and the Indian Coast Guard. The company specializes in constructing warships and submarines, playing a crucial role in India's maritime defense capabilities.
Investors and market participants will be closely watching the outcome of this expanded OFS, as it could influence the stock's performance in the short to medium term.
Historical Stock Returns for Mazagon Dock Shipbuilders
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.78% | +11.43% | +16.73% | +27.92% | +151.14% | +3,052.59% |