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Shares of Mazagon Dock Shipbuilders listed at Rs 216.25, a 49 per cent premium against the issue price of Rs 145 per share on the BSE on Monday. Till 10:26 AM, the stock had hit a high and low of Rs 216.65 and Rs 176.50, respectively. As many as 2.11 crore equity shares have changed hands on the counter on the BSE and NSE combined, so far.
The Rs 440-crore initial public offering (IPO) saw strong demand and was subscribed 157 times against the shares on offer, making it one of the most-subscribed public offering of a state-owned company.
The offering generated
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