Government of India 3.61% offer for sale in Mazagon Dock Shipbuilders
The Government sold 3.61% of warship and submarine builder Mazagon Dock through a stock exchange offer for sale.
- Company
- Mazagon Dock Shipbuilders (MDL)
- Type
- Stake sale
- Status
- Completed
- Date
- 7 Apr 2025
- Value
- INR 36.73bn
- US$ equivalent
- US$424m
- Value basis
- ₹3,673.42 crore to the Government for 3.61% of Mazagon Dock; government holding cut to 81.22%
- Region
- India
- Segment
- Listed equity
Parties
- Government of India (Ministry of Defence) seller
Key terms
- Stake sold
- 3.61%
- Offer for sale
- 4-7 Apr 2025
- Floor price
- ₹2,525 a share
- Government holding after
- 81.22%
Sources
- DIPAM: disinvestment receipts 2025-26 dipam.gov.in · 2026
- BSE: offer for sale details, Mazagon Dock Shipbuilders Ltd m.bseindia.com · 4 Apr 2025
Record DEF-INV-2025-0040. Investments are kept apart from the financings register and never counted in debt totals.