State-Run Cochin Shipyard To List Shares On August 11

Cochin Shipyard, the largest public sector shipyard company, will make a debut on exchanges on Friday, August 11. The issue price is fixed at higher end of price band of Rs 424-432 per share.

According to the grey market premium, the listing price is likely to be at a premium of around Rs 120-150 per share. It meant the opening price for the stock could be around Rs 550.

The premium of at least Rs 100 could be possible because of overwhelming response received by the issue, analysts feel.

The public issue was oversubscribed 76.19 times, with receiving bids for 258.9 crore equity shares against IPO size of 3.39 crore shares. Read More…

You may also read!

Fifty-Six BSF Jawans, 42 Jammu And Kashmir Policemen Among 383 Security Personnel Killed Since September 2016

As many as 383 police personnel, including 56 belonging to the BSF and 42 from the Jammu and Kashmir,


Clear That Modi Wants Peace With Pak, But Not At Security Cost To India: US Official

Prime Minister Narendra Modi cannot “pursue peace” with Pakistan in a way that “cuts his own security”, a top


CBI Seeks Approval To Reopen Probe Into Bofors Scam

The Central Bureau of Investigation has written to the government seeking permission to reopen the probe into the Bofors


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu