The IPO received bids for over 246 crore shares against total issue size of 3.39 crore (3,39,84,000) shares, data available with the NSE till 1545 hours showed.
Public sector unit Cochin Shipyard aims to raise up to Rs 1,468 crore through its share sale offer.
Till close of bidding yesterday, the IPO was oversubscribed 3.16 times.
The IPO is in a price band of Rs 424-432.
SBI Capital Markets, Edelweiss Financial Services and JM Financial Institutional Securities are the book running lead managers to the issue.
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