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Cochin Shipyard offer for sale gets enthusiastic response from retail investors: DIPAM Secretary

By Economic Times - a month ago
The two-day Offer for Sale (OFS) by Cochin Shipyard Limited (CSL) attracted strong interest, particularly from retail investors. The government divested 5 percent of its stake, including a green shoe option. The enthusiastic response from both non-retail and retail investors underscored confidence in CSL's future prospects and contributed to the government's divestment goals.

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