New Delhi: State-owned Cochin Shipyard has filed draft papers with capital markets regulator Sebi to raise an estimated Rs 1,400-1,500 crore through an initial public offering.
The company-the largest public sector shipyard in India in terms of dock capacity-caters to the defense sector as well as commercial sector worldwide.
The initial public offer (IPO) comprises fresh issuance of 22,656,000 equity shares and an offer…