Cochin Shipyard's Offer for Sale saw strong demand from non-retail investors. The issue was subscribed 3.52 times on the first day of bidding. This robust interest prompted the government to utilize the entire greenshoe option. The Offer for Sale will now open for retail investors and employees. The floor price for this share offering was set at ₹1,400.

The government plans to sell up to 5.04% of Cochin Shipyard shares. This offer for sale begins July 7 for institutional investors. Retail investors can bid on July 8, with a floor…

Govt will sell up to 5% stake in Cochin Shipyard at a floor price of Rs 1,400 per share through an offer for sale from Tuesday. "Govt announces offer for sale in Cochin Shipyard…

Cochin Shipyard shares drop 4% as government OFS opens at ₹1,400, triggering heavy selling pressure in early trade.