Cochin Shipyard Limited IPO – Review, Analysis, Details,Opening Date, Issue Price, Allotment Status, Listing
Cochin Shipyard Limited, the largest public sector shipyard in India is coming with its IPO soon.
Issue Details of Cochin Shipyard Limited IPO:
IPO Open: 01st Aug to 3rd Aug
Issue Price band: Rs 424 - 432 (Rs 21 discount for retail investors)
Issue Size: Rs 1468 crores
Market lot: 30 shares
Minimum Investment: Rs 12960
Book Running Lead Managers: Edelweiss Capital Limited, JM Financial
Registrar:Link Intime India
Listing: BSE/ NSE
IPO Issue Allocation:
Qualified institutional buyers (QIBs) – 50% of the offer.
Non-institutional bidders – 15% of the offer.
Retail individual bidders – 35% of the offer.
Background:
Cochin Shipyard Limited, commenced its operations in 1975 and is the largest public sector shipyard in India in terms of dock capacity. It ...