Govt to sell up to 5% in Cochin Shipyard via OFS; Floor Price Rs 1,400

Capital Market Events View source PDF Explain this filing

COCHINSHIP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹1506.50

prior close

₹1451.20

announcement price

After-mkt

timing

Nifty Midcap 150market-0.3%-4.7% vs market

Industrial Manufacturing peers, median of 136sector · industry level-1.0%-4.0% vs sector

On the reaction day the stock moved 4.7 pts less than Nifty Midcap 150 and 4.0 pts less than its Industrial Manufacturing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-0.3-4.7-1.0-4.0

Next day

-7.1-1.9-5.2-2.8-4.3

-6.4-0.5-5.9-1.4-5.0

-5.9+0.8-6.7-0.6-5.3

-6.3+0.8-7.1-0.5-5.8

-7.6+0.3-7.9-1.0-6.6

-6.7+0.4-7.1-0.8-5.9

15d

-7.9-0.2-7.7-3.3-4.6

+1.0+1.7-0.7-1.9+2.9

+0.4+0.4+0.0-0.6+1.0

-16.6-4.9-11.7-1.7-14.9

UpDownMarket · Nifty Midcap 150Sector · Industrial Manufacturing peers, median of 136Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Government of India, acting as promoter through the Ministry of Ports, Shipping and Waterways, will sell up to 66,29,636 shares of Cochin Shipyard (about 2.52% of equity) via OFS on July 7 (non-retail) and July 8 (retail and employees), 2026. An oversubscription option of equal size may raise total to about 5.04%. Floor price is Rs 1,400 per share with no retail discount. A separate 26,308 shares are reserved for eligible employees.

Likely market impact

Government stake sale may add near term supply pressure on the stock. Floor price of Rs 1,400 sets a pricing benchmark for this OFS.