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IPO Details


Shipping Corporation of India Ltd
Registered Office: Shipping House, 245 Madame Cama Road, Mumbai - 400021, Maharashtra
Phone: 91-22-22772213
Email: cmdoffice@sci.co.in; swapnita.rane@sci.co.in
Website: www.shipindia.com
Further public issue of 84,690,730 equity shares of Rs. 10 each (Equity Shares) for cash at a price of Rs. 140* per equity share of The Shipping Corporation of India Limited (The Company) aggregating to Rs. 1164.73 crores (The Issue). The issue comprises of a fresh issue of 42,345,365 equity shares by the company (The Fresh Issue) and an offer for sale of 42,345,365 equity shares by The President of India, acting through the Ministry of Shipping, Government of India (The Selling Shareholder). The issue comprises a net issue to the public of 84,267,276 equity shares (The Net Issue) and a reservation of up to 423,454 equity shares for subscription by eligible employees (The Employee Reservation Portion). The issue would constitute 18.18% of the post issue paid-up equity capital of the company and the net issue would constitute 18.09% of the post issue paid-up equity capital of the company. Issue price : Rs. 140* per equity share of face value of Rs. 10 each The issue price is 14.0 times the face value. *Based on the Retail and Employee Discount, the issue price for both Retail Individual bidders and Eligible Employees will be Rs. 133
Issue Money Payable On
Opens On Closes On Application Allotment
30-Nov-2010 03-Dec-2010 140.00 0.00
Minimum Application for shares in Nos : 50 Further Multiples of : 50
()Cr. Lead Managers to the Issue
Project Cost 0.00 ICICI Securities Ltd
Project Financed through Current Offer 1,164.73
Post Issue Equity Share Capital 465.80
Issue Price 140.00
Projects
Part funding the equity portion for acq. of vessel
General corporate purposes
Promoted By
The President of India
Listing At
BSE
NSE
Kolkata
Delhi
Chennai
Registrar to the Issue
Karvy Computershare Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

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NASDAQ

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