Mazagon Dock IPO subscribed 7.5 times on second day; retail investors' subscription at 15.5 times
Mazagon Dock Shipbuilders IPO worth Rs 444 crore got subscribed 7.5 times on the second day of its subscription while the retail investors' subscription status was at robust 15.5 times.
As per the exchange data available, the Mazagon dock IPO subscribed 7.5 times, so far, as it received bids for 23 crore equity shares against an offer size of 3.05 crore shares. Photo: Reuters