Cochin Shipyard Ltd IPO Message Board (Page 81)

Apply good IPO.

Good Report on Cochin Shipyard

https://tinyurl.com/ya3mk82u

Whats the Grey Market Price now?

IIFL View
http://content.indiainfoline.com/wc/research/researchreports/Cochin_Shipyard_IPO_Note_270717.pdf

Subscription no pls???

NSE subscription details for Cochin shipyard

https://www.nseindia.com/products/content/equities/ipos/ipo_current_cochinship.htm?cat=A

Bse subscription details for Cochin shipyard

http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3462

FINAL


Cochin Shipyard IPO – Schedule (Page #410 of RHP)

25th July – Price Band to be Announced
31st July – Anchor List
01st Aug – Offer Opens
03rd Aug – Offer Closes
08th Aug – Finalisation of Basis of Allotment
09th Aug – Unblocking of ASBA
10th Aug – Credit to Demat Accounts
11th Aug – Listing on NSE & BSE


Cochin Shipyard IPO – Issue Information (Final)

Issue Opens on: 01 August 2017
Issue Closes on: 03 August 2017
Issue Type: Book Built Issue IPO
Issue Size: 3,39,84,000 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.424 – Rs.432 per Equity Share (QIB & NII)
Discount: Rs.403 – Rs.411 per Equity Share (RII & Employees)
Market Lot: 30 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 11,32,80,000 Equity Shares
Fresh Issue of 2,26,56,000 Equity Shares @upper price band = Rs.961.34 Crores
Offer for Sale of 1,13,28,000 Equity Shares @upper price band = Rs.480.67 Crores
Equity Shares outstanding after the Issue = 13,59,39,000 Equity Shares

Category-wise Break up:.
QIB – 1,65,80,000 Shares = 716.26Crs (No Anchor)
NII – 49,74,000 Shares = 214.88Crs
RII – 1,16,06,000 Shares = 477.01Crs (Lot size: 30 = 3,86,867 Forms)
Employees – 8,24,000 Shares = 33.87Crs

Total Issue – 3,39,84,000 Equity Shares = 1,442.01Crs.

Subscription required for 1X
RII = 3,86,867 Forms
NII = 214.88 Crs

Interest cost @5%p.a. for 7days = 41.884paise for 1X


Cochin Shipyard IPO – Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.06.12 (Page #98 of RHP)
EPS for FY15-16 >>> Rs.25.75 (Page #98 of RHP)
EPS for FY16-17 >>> Rs.27.56 (Page #98 of RHP)

RoNW for FY14-15 >>> 04.46% (Page #99 of RHP)
RoNW for FY15-16 >>> 15.99% (Page #99 of RHP)
RoNW for FY16-17 >>> 15.37% (Page #99 of RHP)

NAV as on March 31, 2017 was Rs.179.29 (Page #99 of RHP)

Peer Group (Page #100 of RHP):
Reliance Defence and Engineering (CMP 61/-)
ABG Shipyard (CMP 13.25)
Bharati Defence and Infrastructure (CMP 9.50)


Cochin Shipyard IPO
Market Estimates of oversubscription:

Category-wise:

1X QIB = 716.26Crs – assuming applications of 30KCrs. = 42X oversubscription

1X NII = 214.88Crs – assuming applications of 50KCrs. = 233X oversubscription

1X RII = 386,867 Forms – assuming 19L forms. = 4.911X oversubscription (applic-wise)
i.e. average 6.11 shares per form

Thanks for updating the useful info...

This is very Important information for all of us to consider, now that the IPO has opened.

is it valid ??? i applied 1 lot coachin at 10:30am with my demat .. now i wanted to apply 1 more lot is there any problem for doing this ?

Please avoid applying multiple times as it will reject all the applications. You can try editing the IPO application. But do not make another application.

thanks for info

NSE subscription details for Cochin shipyard

https://www.nseindia.com/products/content/equities/ipos/ipo_current_cochinship.htm?cat=A

Bse subscription details for Cochin shipyard

http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3462

WHETHER CHANCES OF ALLOTMENT ARE MORE IN NII THAN IN RII ?

What is maximum limit to apply in RII category 450 shares or 480 shares

While applying through retail category, should I consider discounted price band ? Since there is discount of rs 21 per share Can I apply for 480 shares ? Or it will be safe to apply for 450 shares ?

when applying for retail category only, why put so much money? Just bid 1 lot and pray... it is naturally going to be oversubscribed

Cochin IPO will be huge subscription on last day in NII & RII category so that Consider 432 as high price and bid for 450 shares. Do not consider Discount. you will not get it.

IMO

can anyone tell me ? i have applied cochin at 10:30 and amt blocked for the same.. but later accidentaly i asba section after succsessful bidding ?

Hi,
I am applying through HDFC , net banking for this IPO. As there is a discount of 21 rs for the retail investor, should I fill price after reducing 21 rs and then submit the form , or fill the price with the proposed value and discount will be calculated automatically.

Would really appreciate any kind of help from the members.
Thanks,
Ajay

I also try to fill one lot through hdfc net banking and amount come after retail discount is 12320 but massage display that minimum 12720 and maximum 200000 require.
Now how to fill through hdfc bank account

Cochin IPO will be huge subscription on last day so that Consider 432 as high price and bid for 450 shares. Do not consider Discount. you will not get it. IMO

In SBI ASBA block full ammount of rs 12960.(432*30)
No option of discount.
What can i do ?

Dear Dev,

Check the status in ipo history .ur discount amount is already applied.
Lien Marked Amount      12330.00 INR
Discount Flat Amount      21.00 INR

axis amt blocked for cochin 12330--411*30 ( i put bid at cut off 432 )

needed ifo.. have a axisbank ac asba .. can i apply for my friends demat from my account ?? helpout

max 5 from one account

5 diff persons application right ???

If ipo is oversubscribed like all previous ipos did then is there benefit of applying more than 1 lots in retail category? In oversubscribed atmax 1 lot is allotted per app, then if we apply more lots do chances increase? Or remains same as for 1 lot application only?

No Sir.. You wont get more than 1 lot. As this ipo is Application wise.

Then no benefit in applying more than 1 lot? Why do people do that applying 10-12 lots. There must be increase in probability for allotment

yes u can apply

Should apply for 1 lot or 2 for retail category with same demat and bank account ?

applied for two lots through HDFCsec and Zerodha ..both adjusted 21rs per share as discount already.
Fingers crossed..-x-x..

Should apply for 1 lot or 2 for retail category with same demat and bank account ?

GMP

Cochin 158 - 160

SIS 57 - 60