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

IPO Initial Public Offerings
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 Code540678
NSE CodeCOCHINSHIP
GroupB
ISIN NoINE704P01017
Offer PriceRs.411 / 432
Face ValueRs.10
Listing Date11-Aug-17, Friday

Cochin Shipyard IPO Listing Price: Live Quote

DetailsBSE ListingNSE Listing
Listing Price
435.00
440.15
High Price
522.00
528.15
Low Price
435.00
435.00
Close Price
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