September 29, 2020 - October 1, 2020

Mazagon Dock IPO Review & Recommendations

Angel One, BP Equities (BP Wealth), Canara Bank, Capital Market, Choice Equity Broking Pvt Ltd, Dealmoney Securities Pvt Ltd, Dilip Davda, Geojit Securities Ltd, Hem Securities, ICICI Direct, LKP Securities Ltd, Mehta Equities, Nirmal Bang, Phillip Capital, Rudra Shares & Stock Brokers Ltd, SMC Global, Sushil Finance Ltd and Ventura Securities Limited have given "Apply" recommendation to Mazagon Dock IPO. Investmentz Ltd, Religare Broking Limited and InvestorGain.com have given "May Apply" recommendation to Mazagon Dock IPO. Axis Capital, HDFC Securities Limited, JM Financial Institutional Securities and Progressive Share Broker have "Not Rated" the IPO.

Mazagon Dock IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	18	3	0	0	4
%	72.00	12.00	0.00	0.00	16.00

Mazagon Dock IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Angel One	Apply
Axis Capital	Not Rated
BP Equities (BP Wealth)	Apply
Canara Bank	Apply
Capital Market	Apply
Choice Equity Broking Pvt Ltd	Apply
Dealmoney Securities Pvt Ltd	Apply
Dilip Davda	Apply
Geojit Securities Ltd	Apply
HDFC Securities Limited	Not Rated
Hem Securities	Apply
ICICI Direct	Apply
Investmentz Ltd	May Apply
JM Financial Institutional Securities	Not Rated
LKP Securities Ltd	Apply
Mehta Equities	Apply
Nirmal Bang	Apply
Phillip Capital	Apply
Progressive Share Broker	Not Rated
Religare Broking Limited	May Apply
Rudra Shares & Stock Brokers Ltd	Apply
SMC Global	Apply
Sushil Finance Ltd	Apply
InvestorGain.com	May Apply
Ventura Securities Limited	Apply

Mazagon Dock IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Mazagon Dock IPO is 48. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	48	May subscribe

Mazagon Dock IPO Review by Dilip Davda (Apply)

[Dilip Davda] MDSL, a Mini Ratna-1, has been a profit-making and dividend distributing PSU under MoD. It has orders worth Rs. 54000+ crore on hand which are to be completed in 6 to 7 years. Its financial track record so far has been indicating sustained top line with ups and down in PAT due to certain provisioning. Being a maiden IPO from a shipyard that builds destroyers and submarine is sure to catch fancy post listing. Investors may consider investment for the medium to long term perspective in this reasonably priced issue. Read detail review...

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