-Issue Subscribed which had tapped the capital markets with its issue simultaneous offer which consists of a fresh issue to raise Rs 130 crs and an offer for sale of 37,67,254 equity shares. The price band is between Rs 983-985 and there is a discount of Rs 98 for retail investors. The combined issue would raise Rs 500 crs.

The overall issue was subscribed 4.44 times with QIB portion subscribed 1.88 times, HNI undersubscribed at 0.41 times, Retail subscribed 18.16 times and employee 3.21 times. There were 5.35 lakh applications which means the retail portion in terms of number of lots was subscribed 15.75 times.

The company allocated 22,93,277 equity shares to 8 anchor investors comprising of 10 entities.

The full details of subscription is given below: –

Cochin Shipyard Subscription

Bucket Size Shares applied for Times oversubscribed
QIB 1530905 2880780 1.88
HNI 764836 313320 0.41
Retail 509890 9258390 18.16
Employee 5649 18105 3.20
Total 2811280 12470595 4.44
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