Cochin Shipyard List at 7% Premium with 20% High After Listing

By Jagat Joshi
August 11, 2017
5:36 am
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By Jagat Joshi
August 11, 2017

Cochin Shipyard was looking good at the point of time when the premium was on a high around 150 levels till yesterday. The market movement was negative and the stock was not able to list as per the premium. Cochin able to list around 440 level even the market was down so the listing in green. It was panic at start but then buyers started coming and withing few minutes Cochin able to hit the 20% circuit on BSE and NSE. The investors who sold in pre-market might be worrying but the investors who looked for the longterm got a good bet right now.

Cochin Shipyard was given at Rs.411 to retailers and it listed in premium as well. The market sentiment is negative and due to that the premium was not able to gave a support on listing day but still it was a good bet for all the retailers.

BSE Code	540678
NSE Code	COCHINSHIP
Group	B
ISIN No	INE704P01017
Offer Price	Rs.411 / 432
Face Value	Rs.10
Listing Date	11-Aug-17, Friday

Cochin Shipyard IPO Listing Price: Live Quote

Details	BSE Listing	NSE Listing
Listing Price	435.00	440.15
High Price	522.00	528.15
Low Price	435.00	435.00
Close Price	–	–

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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