Announced Mon, 6 Jul · 21:57 IST
Govt to sell up to 5% in Cochin Shipyard via OFS; Floor Price 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 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.