Cochin Shipyard Ltd IPO

Add to Calendar 2017-08-01 12:00 AM 2017-08-03 12:00 AM Asia/Kolkata Cochin Shipyard Ltd IPO Cochin Shipyard Ltd India

Cochin Shipyard Limited is one of the largest shipbuilding and repair yard in India. It has an infrastructure, which combines economy and scale with ISO 9001 accreditation.

Date of establishment: Cochin Shipyard was established in 1969.  
Product & Service Offering: Cochin Shipyard provides shipbuilding and ship repair services. The firm also offers marine engineering training programs and additional courses such as fire prevention and firefighting. The company has built vessels across various categories like bulk carriers, barges, passenger vessels and tankers.
Promoters of Cochin Shipyard Ltd.: The President of India is the promoter of the firm.
Customer segment: The company offers its services to clients in the defense and commercial sector shipping industry.
Objects of the Issue:
The object of the issue is to utilize the net proceeds towards funding the following projects:
-     New dry dock within the premises of the firm
-     International ship repair facility at Cochin Port Trust Area
-     General corporate purposes

 

Company Financials:
 
Particulars
For the year/period ended (in Rs. Million)
 
31-Mar-17
31-Mar-16
31-Mar-15
Total Assets
33,164.37
33,488.61
28,912.85
Total Revenue
22,085.01
20,968.81
16,604.52
Profit After Tax
3,121.82
2,917.52
692.82

Issue Detail

  • Issue Open: Aug 01, 2017
  • Issue Close: Aug 03, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 424 - Rs 432 Per Equity Share
  • Bid Lot:30 Shares
  • Minimum Order Quantity:30 Shares
  • Listing At: BSE, NSE
  • Issue Size: • 1,442.01 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 16,580,000 4,974,000 11,606,000 824,000 - 33,984,000
Day 1 - Aug 01, 2017IST 0.7200 0.2200 1.5700 0.1200 - 0.9200
Day 2 - Aug 02, 2017IST 3.4100 0.8200 4.0000 0.2900 - 3.1600
Day 3 - Aug 03, 2017IST 63.5125 288.8681 8.5100 0.4800 - 76.1900

Listing Day Trading Information

- BSE NSE
Issue Price Rs 432.00 Rs 432.00
Open Rs 435.00 Rs 440.15
Low Rs 435.00 Rs 435.00
High Rs 522.00 Rs 528.15
Last Trade Rs 522.00 Rs 528.15
Volume 3,245,290 27,617,037

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