 "Cochin Shipyard")
Cochin Shipyard moved to Rs 528 on the National Stock Exchange (NSE), a 22% premium against its issue price of Rs 432 offered to qualified institutional buyers (QIBs) and non-institutional investors (NIIs). The retail investors and employees were offered shares at a price of Rs 411, a discount of Rs 21 per equity share.
The stock made a tepid debut on the bourses by listing at Rs 440, a marginal 2% rise against its issue price.
On the BSE, the stock was locked in upper circuit of Rs 522, up 21% against its IPO price after making a debut at Rs 435.
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