Cochin Shipyard Ltd is the largest shipbuilding and maintenance facility in India. The government has decided to sell its 5% stake in the company, which currently holds a 67.91% stake in Cochin Shipyard. The offer for sale (OFS) will start on July 7, 2026, at a floor price of ₹1,400 per share. The government has also included a green-shoe option, which will allow it to sell an additional 2.52% stake in the company if there is an oversubscription. The floor price of ₹1,400 per share is a 7% discount over the previous day's closing price on the BSE. The government has already sold stakes in six public sector companies through OFS this year, raising ₹18,561 crore. The government has budgeted to raise ₹80,000 crore through PSU disinvestment and asset monetization in the current fiscal year. Cochin Shipyard is the largest shipbuilding and maintenance facility in India, and the government's decision to sell its stake in the company is a significant move. The government's decision to sell its stake in Cochin Shipyard is expected to raise ₹7,000 crore, which will be used to fund PSU disinvestment and asset monetization. The move is also expected to help the government meet its budget target of raising ₹80,000 crore through PSU disinvestment and asset monetization.