Friday, July 07, 2017

Cochin Shipyard IPO Dates, Price Band, Market Lot Details

Cochin Shipyard IPO is around the corner as the market speculations. The Cochin Shipyard to raise Rs.1400-1500 crore from the IPO. The initial public offer is for 22,656,000 equity shares with offer for sale of 11,328,000 equity scrips by the government. The face value of the share will be Rs.10. As per the financials the EPS is around Rs.25 and NAV is settled around Rs.152.

The best time for Cochin Shipyard to launch IPO and it will be another good one for retailers. Let's see what price is coming up.
Cochin Shipyard IPO Review:
  • Apply for Listing Gain & Long Term View as Well.
Cochin Shipyard IPO Dates & Price Band:
  • IPO Open: 1-August-2017
  • IPO Close: 3-August-2017
  • IPO Size: Approx Rs. 1454 Crore
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 424-432 to  Per Share
  • Listing on: BSE & NSE
  • Discount: For Retailers Rs.21
Cochin Shipyard IPO Market Lot:
  • Shares: Apply for 30 Shares (Minimum Lot Size)
  • Amount: Rs. 12330 (30 x 411) For Retail & Employee
  • Amount: Rs. 12960 (30 x 432) For QIB/NII
Cochin Shipyard IPO Allotment & Listing:
  • Basis of Allotment:- 8-August-2017
  • Refunds: 9-August-2017
  • Credit to demat accounts: 10-August-2017
  • Listing: 11-August-2017
Cochin Shipyard Financial:

Consolidated Financial Performance (in crore)

FY 12FY 13FY 14FY 15FY 16FY 17 (6M)
Total Revenue1,473.71,768.51,861.31,663.22,099.31,027.5
Total Expenses1,243.11,370.31,426.81,551.31,656.4743.4
Profit After Tax155.3266.9283.671.2285.8184.5

Company Promoters:

Quick Links:
DRHP Draft Prospectus

Cochin Shipyard IPO Registrar:
Link Intime India Private Limited
Phone: +91 22 2596 3838
Fax: +91 22 2594 6969

Cochin Shipyard IPO Lead Managers:
  • SBI Capital Markets
  • Edelweiss Financial Services
  • JM Financial Institutional Securities
Company Address:
Cochin Shipyard
Administrative Building,
Cochin Shipyard Premises, Perumanoor
Kochi - 682015 Kerala
Phone: +91 484 2501 306
Fax: +91 484 2384 001