Mazagon Dock Shipbuilders Limited Ipo

Mazagon dock shipbuilders limited ipo

Mazagon Dock Shipbuilders Limited IPO /REVIEW/SUBSCRIBE OR AVOID?/COMEING SOON

Mazagon Dock Shipbuilders is an ISO 9001:2008, public sector shipbuilding and submarine & heavy engineering divisions shipyard which is involved in the repair and construction of the warships and submarines for Ministry of Defence. Besides this, it also constructs and repairs other vessels for commercial clients. According to CRISIL Report, the company is having maximum shipbuilding and submarine capacity of 40,000 DWT.

Mazagon dock shipbuilders limited ipo

The Shipyard is located on the west coast of India while having its headquarter located at Mumbai.

Date of Incorporation: The company was initially incorporated as a private limited establishment ‘Mazagon Dock Private Limited’ on 26th February 1934 in Bombay.

Subsequently, the company was converted into a public limited company renamed as ‘Mazagon Dock Shipbuilders Limited’ on 08th of December 2017.

Promoters of Mazagon Dock Shipbuilders Limited: The President of India acting through the Ministry of Defence, Government of India is the promoter of Mazagon Dock Shipbuilders limited.

Products and Service Offering: Mazagon Dock Shipbuilders Limited primarily operates under two prime business divisions:

  • - Shipbuilding Segment: Includes the building and repair of naval ships.

    Calculation of trading platforms feasible

    - Submarine and Heavy Engineering Segment: Includes building, repairs and refits of diesel-electric submarines.

Besides this, it also offers cargo ships, passenger ships, supply vessels and dredgers among others.

Customer Segments: Mazagon Dock Shipbuilders Limited has diversified customer segments that are spread across India and Abroad.

Its client base mainly includes the Ministry of Defence and other government and corporate bodies among others.

The objective of the Issue: The core objective of this Offer is:

  • - To carry out disinvestment of Equity Shares by the Selling Shareholders.

  • - To achieve the benefits of the listing of Equity Shares on Stock Exchanges.

Company Financials:

Summary of Financial Information (Restated Standalone)

Particulars

For the year/period ended (in Rs.

Mazagon dock shipbuilders limited ipo

Lakhs)


3 -Sep-17

3 -Mar-17

3 -Mar-16

3 -Mar-15

Total Assets

2 06,028.54

1 89,871.39

1 86,997.78

1 82,017.97

Total Revenue

2 ,625.93

4 ,950.53

4 ,866.92

4 ,109.03

Profit After Tax

2 172.44

5 481.06

6 068.58

5,284.47