India's Cochin Shipyard has relaunched its delayed IPO with a more ambitious fundraising target.

The company has filed draft papers with capital markets regulator Sebi for a deal worth between INR 14bn and INR 15bn ($230.5m).

The country's largest public sector shipyard had previously been set to raise INR 6bn, but this deal appeared to have been scrapped by the government last year.

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