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.
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹424 to ₹432 per equity share |
| Market Lot | 30 Shares |
| Min Order Quantity | 30 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540678 |
| NSE Symbol | COCHINSHIP |
| ISIN | INE704P01017 |
| Issue Size | Aggregating up to ₹1,442.01 Cr |
| Fresh Issue | Aggregating up to ₹[.] Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
Cochin Shipyard IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 1-Aug-17 |
| IPO Close Date | 3-Aug-17 |
| Basis of Allotment Date | 8-Aug-17 |
| IPO Listing Date | 11-Aug-17 |
Cochin Shipyard IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 30 | ₹12,960 |
| Maximum | 15 | 450 | ₹194,400 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For Cochin Shipyard Ltd
Company Promoters:
The President of India is the promoter of the company. The Promoter along with its nominees, currently holds 100% of the pre-Issue paid-up equity share capital of the Company.
Company Financials:
| PARTICULAR | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 33,164.37 | 33,488.61 | 28,912.85 |
| Total Revenue | 22,085.01 | 20,968.81 | 16,604.52 |
| Profit After Tax | 3,121.82 | 2,917.52 | 692.82 |
Objects of the Issue:
Company proposes to utilize the Net Proceeds towards funding of the following objects:
- Setting up of a new dry dock within the existing premises of the Company (“Dry Dock”);
- Setting up of an international ship repair facility at Cochin Port Trust area (“ISRF”); and
- General corporate purposes.
Registrar & Comapny Details
| Company Contact Information | Cochin Shipyard IPO Registrar |
| Cochin Shipyard Ltd Administrative Building, Cochin Shipyard Premises, Perumanoor, Kochi – 682015 Phone: +91 (484) 2501306 Email: secretary@cochinshipyard.com Website: http://www.cochinshipyard.com | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: csl.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
