Mumbai, April 7 -- Through OFS, Government of India proposes to sell up to 1,14,10,366 equity shares, representing a 4.01% stake, with an option to sell additional 2% stake or 80,67,600 equity shares in case of over subscription.

With the promoter exercising the oversubscription option to the extent of up to 47,69,988 equity shares (representing 1.18% stake), the total OFS size (base size + green shoe) aggregated to 1,61,80,354 shares, representing 4.01% of outstanding equity shares of the company, the value of which (at floor price) aggregates to Rs 4,085.53 crore.

The Government of India held 84.83% stake in Mazagon Dock Shipbuilders as of 31st December 2024.

The OFS opened on 4 April 2025, which is the T-day where only retail invest...