Cochin Shipyard Limited’s Offer For Sale (OFS) has garnered strong interest, with the non-retail portion being subscribed 2.16 times the base size. The government has announced plans to exercise the greenshoe option due to the robust demand.
The OFS will open for retail investors on Thursday, providing an opportunity for individual investors to participate. This development highlights investor confidence in Cochin Shipyard’s prospects, with the government capitalizing on the positive market sentiment.
Keep an eye on Cochin Shipyard as the OFS continues to attract attention from both institutional and retail investors.
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