StockWatch
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Ship Building & Allied Services
Sale7 Jul 2026, 05:50 pm

Cochin Shipyard: Promoter exercises oversubscription option, total offer up to 5.04%

AI Summary

Cochin Shipyard Limited's promoter, the President of India through the Ministry of Ports, Shipping and Waterways, has exercised the oversubscription option. This increases the total offer size of equity shares to up to 1,32,59,272 shares, representing 5.04% of the company's paid-up equity share capital. The base offer size was 66,29,636 shares (2.52%). The offer includes 10% for the retail category and 0.20% for eligible employees.

Key Highlights

  • Promoter exercises oversubscription option for Cochin Shipyard shares.
  • Total offer size increased to 5.04% of paid-up equity.
  • Retail investors allocated 10% of the total offer size.
  • Eligible employees offered 0.20% of the total offer shares.