Cochin Shipyard has a plan to bring its IPO on both of the Exchange i.e. Bombay Stock Exchange and National Stock Exchange. An interested investor can get all the information related to IPO like Price Band and Dates of the IPO, Company Profile, Allotment Status, Listing Dates etc. Cochin Shipyard has drafted a Red Herring Prospectus and got approval for the same from the Regulatory firm Securities Board of India. The IPO is scheduled for August 1,2017 with a price band of Rs. 424- Rs.432.The lot size of applying the IPO is for 30 shares. Retail and Employee of the firm can get discount of Rs. 21 as a result the prices band will be offered in the range of Rs. 403 – 411. One can apply via ASBA to avail the benefit of listing this IPO. The maximum application of amount for retail investor stood at Rs.2 lacs.
Public issue of the firm is mentioned near 33,984,000 equity shares by the bank aggregating. The company plans to raise Rs.1468 crore through its IPO.

Cochin Shipyard has a plan to bring its IPO on both of the Exchange i.e. Bombay Stock Exchange and National Stock Exchange. An interested investor can get all the information related to IPO like Price Band and Dates of the IPO, Company Profile, Allotment Status, Listing Dates etc. Cochin Shipyard has drafted a Red Herring Prospectus and got approval for the same from the Regulatory firm Securities Board of India. The IPO is scheduled for August 1,2017 with a price band of Rs. 424- Rs.432.The lot size of applying the IPO is for 30 shares. Retail and Employee of the firm can get discount of Rs. 21 as a result the prices band will be offered in the range of Rs. 403-Rs. 411. One can apply via ASBA to avail the benefit of listing this IPO. The maximum application of amount for retail investor stood at Rs.2 lacs.
Public issue of the firm is mentioned near 33,984,000 equity shares by the bank aggregating. The company plans to raise Rs.1468 crore through its IPO.

Under facility management services, the company facilitates and operates major services like cleaning, janitorial services, disaster restoration and clean-up of damage along with operation and management, lift operators, electricians and plumbers, and pest and termite control.

Important customers of the firms are business entities and Government organizations and households.

The firm has approx. 229 branches in 118 cities and towns of India. It is also operating its branches in Australia following eight states.


Outlook of the Firm:-

  1. The largest Public Sector Shipyards Caters;
  2. Offering diversified products and services maintaining quality;
  3. Maintain a robust and strong customer base;
  4. Competitive cost structure and efficient operations;
  5. Competitive financial records and performance;
  6. Skilful and experienced management and leadership team.

Objects of the Issue:

  1. To set up a new dry dock within the existing premises of the Company (“Dry Dock”);
  2. To set up of an international ship repair facility at Cochin Port Trust area (“ISRF”); and
  3. General corporate purposes.

Summary of Issue:

Issue Open:- August 1, 2017 to August 3, 2017
Issue Type Book Build Issue IPO
Issue Size (Shares) [33,984,000] Equity Shares
Issue Size in (Value) (Rs. 1468 crore)
Face Value Rs. 10 Per Equity Share
Issue Price  Rs.424-Rs.432 Equity Shares
Market lots 30 Shares
Minimum Order Quantity 30 Shares
Listing At BSE, NSE

Important dates for Cochin Shipyard Limited IPO Allotment Status 

  • The Allotment date for Cochin Shipyard Limited IPO issue is expected to be August 8,2017
  • The amount will get unblocked on August 9,2017
  • The Shares are expected to credited in DP accounts on August 9,2017
  • The Shares of Cochin Shipyard Limited likely to be listed on August 10,2017 on both BSE and NSE.

Cochin Shipyard Limited IPO Allotment Status

Cochin Shipyard Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

  1. Click on the given link See Allotment Status here
  2. Go to Application Status
  3. Select IPO as Cochin Shipyard Limited IPO
  4. Enter your PAN Number or Application Id or DP Client Id.

It takes little time to fetch information so you need to be little patient.

Promoters of the Company:-

The President Of India Acting through the Ministry of Shipping

Financials:-

Particulars For the year/Period ended (Rs. In Millions)
Financial Year 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total  Equity & Liabilities 35,024.27 30,183.23 29,915.05 24,024.49 26,094.71
Total Assets 35,024.27 30,183.23 29,915.05 24,024.49 26,094.71
Total Revenue 20,992.84 16,632.30 18,613.43 17,684.60 14,737.01
Total Expenses 16,564.47 15,513.09 14,268.34 13,702.97 12,430.98
Profit After Tax (PAT) 2,858.29 712.29 2,835.69 2,669.04 1,553.28


Book Running Lead Managers Details:-

1) SBI Capital Markets Limited 202, Maker Tower ‘E,

Cuffe Parade Mumbai – 400005, Maharashtra, India

Tel: +91 (22) 22178300 Fax: +91 (22) 22188332

E-mail: csl.ipo@sbicaps.com

Investor grievance e-mail: investor.relations@sbicaps.com

Contact Person: Mr. Nikhil Bhiwapurkar / Mr. Sandeep Tenneti

Website: www.sbicaps.com

SEBI Registration No.: INM000003531

 

2) Edelweiss Financial Services Limited 14th Floor,

Edelweiss House, Off. C.S.T Road, Kalina

Mumbai – 400098, Maharashtra, India

Telephone: +91 (22) 40094400

Fax: +91 (22) 40863610

E-mail: csl.ipo@edelweissfin.com

Investor grievance e-mail: customerservice.mb@edelweissfin.com

Contact Person: Mr. Siddharth Shah

Website: www.edelweissfin.com

SEBI Registration No.: INM0000010650

 

3) JM Financial Institutional Securities Limited

7 th Floor, Cnergy, Appasaheb Marathe  Marg, Prabhadevi,

Mumbai – 400025, Maharashtra, India

Tel: +91 (22) 66303030

Fax: +91 (22) 66303330

E-mail: csl.ipo@jmfl.com Investor grievance

e-mail: grievance.ibd@jmfl.com

Contact Person: Ms. Prachee Dhuri

Website: www.jmfl.com

SEBI Registration No.: INM000010361

 

Registrar To The Issue:-

Link Intime India Private Limited C 101, 247 Park,

L B S Marg, Vikhroli West,

Mumbai 400 083 Maharashtra, India

Tel: +91 (22) 4918 6200

Fax: +91 (22) 4918 6195

Email: csl.ipo@linkintime.co.in

Investor grievance email: csl.ipo@linkintime.co.in

Contact Person: Ms. Shanti Gopalkrishnan

Website: www.linkintime.co.in

SEBI Registration No: INR000004058

 

Registered Office Details:-

Administrative Building, Cochin Shipyard Premises,

Perumanoor, Kochi – 682015 Kerala, India.

Contact Person: Ms. V. Kala, Company Secretary and Compliance Officer;

Tel: +91 (484) 2501306;

Fax: +91 (484) 2384001

E-mail: secretary@cochinshipyard.com;

Website: www. www.cochinshipyard.com

Corporate Identity Number: U63032KL1972GOI002414

 

To Download Application Form click here