FPO Of SCI

Shipping Corporation of India FpoShipping Corporation of India announced its follow on public offer (FPO) open on November 30, and would remain open for subscription till December 03. “SCI LTD” provide 84 690 730 Equity Shares , The price band of the issue to be around Rs 135 – 140 per share.

SCI is Indias biggest shipping firms dealing with around 35percent of market share. SCI keeps ‘Navratna’ status. SCI possesses a fleet of seventy four vessels of 5.11 mn dead-weight-tonnage (DWT) and it has ordered twenty nine vessels which is operational in next three years.

Shipping Corporation of India fleet consists of very big crude carrier (VLCC) tankers, dry bulk carriers,container vessels, passenger-cum-cargo vessels, crude oil tankers, offshore supply vessels, product tankers, chemical and phosphoric acid carriers, LPG and ammonia carriers,

SCI’s clients are mostly comprised of Govt agencies, big industrial concerns, global oil firms as well as public sector undertakings.

Face Value; Rs.10
FPO Size; 84,690,730 Equity Shares
Minimum Order Qty: update come later
Market Lot: update come later
Issue Type is 100%  Book Building

Analyst view come later

Conduct details

Address: Shipping House, 245, Madam Cama Road, Mumbai – 400021, Maharashtra, India
Phone number; 91 22- 2202 6666 Fax detail;. (91 22) 2202 6906
Email address; http://www.shipindia.com
Website Url; http://cs@sci.co.in

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