Cochin Shipyard Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 16,580,000 (49%) | — | ₹71,626 Cr |
| NII (HNI) | — | 4,974,000 (15%) | — | ₹21,488 Cr |
| Retail | — | 11,606,000 (34%) | — | ₹50,138 Cr |
| Employee | — | 824,000 (2%) | — | ₹356 Cr |
| Σ Total | — | 33,984,000 (100%) | — | ₹1,468,109 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹12,960 |
| Retail (Max) | 13 | 390 | ₹168,480 |
| S-HNI (Min) | 14 | 420 | ₹181,440 |
| B-HNI (Min) | 67 | 2,010 | ₹868,320 |
Financial Statements Amount in Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 2,209 | 2,097 | 1,660 |
| Profit After Tax | 312 | 292 | 69 |
| Total Assets | 3,316 | 3,349 | 2,891 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up of Dry Dock – 510.00
- 2 Setting up of ISRF – 265.00
- 3 General corporate purposes – 166.34
Company Overview
Incorporated in 1969, Cochin Shipyard Limited is one of the largest public sector shipyard in India in terms of dock capacity. They operates a shipyard that provides shipbuilding and ships/offshore structures repair services.
Cochin Shipyard's shipbuilding activities include the construction of vessels for clients operating in the defense and in the commercial sector shipping industry. In addition to shipbuilding and ship repair, they also offers marine engineering training programs as well as offer additional courses, including six months practical training for marine engineering students from colleges affiliated to universities, fire prevention and firefighting, and elementary first aid training through its marine engineering training institute; and chemical, mechanical, and non-destructive testing services of metals, welds, and alloys.
They have built and delivered vessels across broad class ifications including bulk carriers, tankers, Platform Supply Vessels (“PSVs”), Anchor Handling Tug Supply vessels (“AHTSs”), barges, bollard pull tugs, passenger vessels and Fast Patrol Vessels (“FPVs ”). They are currently building India's first Indigenous Aircraft Carrier (“IAC”) for the Indian Navy.