Company & Business Profile
Cochin Shipyard is the largest public sector shipyard in India, in terms of dock capacity and caters to clients engaged in the defence sector in India and clients engaged in the commercial sector worldwide. In addition to shipbuilding and ship repair, it also offers marine engineering training.
As of January 31, 2017, Company have two docks – dock number one, primarily used for ship repair and dock number two, primarily used for shipbuilding.
Objects of the Issue:
Company proposes to utilize the Net Proceeds towards funding of the following objects:
1. Setting up of a new dry dock within the existing premises of the Company (“Dry Dock”);
2. Setting up of an international ship repair facility at Cochin Port Trust area (“ISRF”); and
3. General corporate purposes.
The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
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