Mazagon Dock Shipbuilders Limited manufactures warships and submarines for Indian navy and offshore platforms associated support vessels for offshore oil drilling.
Edelweiss acted as the Book Running Lead Manager (BRLM) for the IPO of Mazagon Dock Shipbuilders Limited. This was the 2nd successful shipyard IPO executed by Edelweiss, prior one being Cochin Shipyard in Aug’ 17. Edelweiss led the positioning efforts, highlighting the GOI’s ‘Make in India’ initiative and Company’s exemplary track record. Edelweiss converted multiple marquee long only investors which helped set the valuation benchmark as well as provide demand momentum to launch the IPO.
Edelweiss Financial Services
Advised in the sale of
Mazagon Dock Shipbuilders Limited
to