Cochin Shipyard OFS, July 8 -- Cochin Shipyard share price are likely to remain in focus as the Centre's offer for sale (OFS) opens for retail investors on Wednesday, July 8, following strong demand in the non-retail segment a day earlier.

The non-retail portion of the OFS, which opened on Tuesday, was subscribed 3.52 times. In response to the robust investor interest, the government decided to fully exercise the greenshoe option, increasing the stake on offer by an additional 2.5% in the state-run shipbuilder.

The government had launched an offer for sale (OFS) to divest up to a 5.04% stake in Cochin Shipyard, with the floor price fixed at Rs.1,400 per share.

Under the OFS, the Centre will initially sell a 2.52% stake and has retained...