Cochin Shipyard Ltd. is one of the leading shipbuilding & repair yard in India, which has an infrastructure that combines economy, scale, and flexibility, and has ISO 9001 accreditation. CSL also has an exclusive area set for offshore construction and future expansion. As one of the India's top 10 public sector undertakings, CSL has been rated excellent by the Government of India, four times in a row for achieving the targets set for the yard under the MOU system. With specialized industry knowledge and superior resources, CSL has constantly unfolded new levels of excellence in shipbuilding and ship repair. As a technology leader in India, CSL has adopted the Japanese Integrated Hull Outfitting and Painting system (IHOP) for its new construction, which gives a clear edge to CSL in the field of fabrication of commissioning of accommodation modules & topside modification. Increased investments together with the ‘Make in India’ impetus to modern shipbuilding and shipping sector can significantly increase the contribution to GDP and trade volumes. Here an attempt has been made to understand the operations and financial impact behind the Initial Public Offering of Cochin Shipyard Ltd.
