Greatship Has Planned To IPO

Greatship Has Planned To IPO The Greatship has intended a initial public offer issue of 22mn stocks. The IPO proceeds for this issue will be utilized to finance purchase of some vessels, earlier redemption of portion of preference share granted to promoters, settlement of portion of financial debt acquired by the firm and also to fulfill common corporate purposes.

CRISIL has allocated a grade 4/5 for the planned IPO of Greatship and this grade shows that the fundamentals of the company are above average in accordance with the other listed equity securities in India,

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