Announced Mon, 6 Jul · 21:48 IST
Government OFS: 2.52% stake sale in Cochin Shipyard at floor price of Rs 1,400
Capital Market Events View source PDF
COCHINSHIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-7.1%1-day move
₹1506.50
prior close
₹1451.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.3-0.4-0.7-7.1-6.4-5.9-6.3-7.6-6.7————
Up moveDown movePending
AI summary
Government of India, acting through the Ministry of Ports, Shipping and Waterways, plans to sell up to 66.29 lakh shares (2.52% of equity) of Cochin Shipyard via OFS on BSE and NSE, with a floor price of Rs 1,400. An oversubscription option of another 2.52% takes total possible dilution to 5.04%. T-day for non-retail is July 7, 2026; retail and employee bidding is on July 8, 2026. No retail or employee discount is offered.
Likely market impact
Government divestment adds near-term supply; stock may see pressure around OFS window but public float increases over time.