A report has claimed India is about to relaunch an IPO for Cochin Shipyard (CSL).

A draft prospectus will be filed on Friday, Bloomberg TV India said, citing sources familiar with the matter.

In January, transport, highways and shipping minister Mansukh Mandaviya said: "Cochin Shipyard is a premium shipyard - a profit-making government-owned shipbuilding company. Cochin Shipyard will not be privatised."

The state holds 100% of CSL.