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Cochin Shipyard IPO Lists At 20.83% Premium

Cochin Shipyard IPO Lists At 20.83% Premium:

Cochin Shipyard Ltd (CSL) IPO finally listed on NSE and BSE on 11th August 2017. And its investors who have subscribed for listing gain and had got allotment will be happy.

As told earlier that people were expecting it to list at some good premium and it has started trading on with very good grey market premium while it kept changing up and down as the listing day approached.

As We know Cochin Shipyard Ltd IPO subscription figures were also good. So only few investors have got its shares.

Cochin Shipyard Ltd IPO allotment price is Rs 432 per equity share and was over subscribed by 76 times. Cochin Shipyard Ltd IPO Lists At Rs 522 at closing.

In last several issues while others were really successful IPO’s and given handsome gains on listing day this IPO also turned well with the expectations of investors. It made a day high of Rs. 522 and day low of Rs. 435 at BSE.

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Au Financiers Ltd (AUFL) IPO also able to list successfully and gave its investors over 51% listing gains.

While Salasar Techno Engineering Ltd IPO (STEL IPO) lists at over 150% gain on first day itself.

Security and Intelligence Services Ltd IPO (SIS IPO) lists at discount. While Cochin Shipyard Ltd IPO (CSL IPO) lists at good premium.

Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insuranceSBI life insurance IPO etc.

Keep watching this blog to keep yourself updated with all the news.

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