Cochin Shipyard Limited IPO
Cochin Shipyard Limited was a mainboard IPO in the Ship Building & Allied Services sector, offered at ₹212–₹216 per share to raise ₹1,468 crore. The issue was subscribed 76.19× overall (QIBs 63.52×, NIIs 288.87×, retail 8.51×). It listed on 11 Aug 2017 at ₹220 and closed its first day at ₹264, a listing gain of +22.2% versus the ₹216 issue price. It now trades around ₹1,114 (+415.8% versus the issue price).
Frequently asked questions
- How many times was the Cochin Shipyard Limited IPO subscribed?
- The Cochin Shipyard Limited IPO was subscribed 76.19× overall — 63.52× in the QIB category, 288.87× among non-institutional investors, 8.51× in retail.
- What were the Cochin Shipyard Limited IPO listing gains?
- Cochin Shipyard Limited listed on 11 Aug 2017 at ₹220, closing its first day at ₹264 — a listing gain of +22.2% versus the ₹216 issue price.
- What were the retail allotment odds for the Cochin Shipyard Limited IPO?
- Retail was subscribed 8.51×, so a single-lot application had roughly a 11.8% chance of allotment (about 1 in 9), and allotment was finalised on 7 Aug 2017.
- What was the price band and lot size of the Cochin Shipyard Limited IPO?
- The price band was ₹212–₹216 per share, with a minimum lot of 30 shares (₹6,480 at the upper band).
- Who were the registrar and lead manager for the Cochin Shipyard Limited IPO?
- Link Intime India Private Limited was the registrar, and SBI Capital Markets was the book-running lead manager.