State-owned Cochin Shipyard has completed its INR 14.68bn ($229m) IPO - and could have sold the allotment 76 times over.
The Indian shipbuilder, which has big expansion plans, enjoyed huge demand for its stock over the three days of the sale, which ended on Thursday.
Information from the National Stock Exchange website shows bids were lodged for 2.59bn shares, against just 34m actually on offer.
