Cochin Shipyard ends lower after OFS concludes
Mumbai, July 8 -- As of 31 March 2026, the Government of India, the company's promoter, held a 67.91% stake in the company.
The President of India, acting through the Ministry of Ports, Shipping and Waterways, had initially offered up to 66.29 lakh equity shares, representing 2.52% of the company's paid-up equity share capital, with an option to sell an additional 66.29 lakh shares under the oversubscription option.
Following strong demand from institutional investors, the government exercised the oversubscription option in full, taking the total offer size to 1.33 crore equity shares, representing 5.04% of Cochin Shipyard's paid-up equity share capital.
Of the total offer, around 13.26 lakh shares, or 10%, were reserved for retail inv...
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