Incorporated in 1950, Shipping Corporation of India Ltd (SCI) is India’s largest shipping companies handling around 35% of market share. SCI holds “Navratna” status. Shipping Corporation of India owns a fleet of 74 vessels of 5.11 million dead weight tonnage (DWT) and has ordered 29 vessels which will be operational in next 3 years.
SCI's fleet includes dry bulk carriers, very large crude carrier (VLCC) tankers, crude oil tankers, product tankers, container vessels, passenger-cum-cargo vessels, phosphoric acid and chemical carriers, LPG and ammonia carriers, and offshore supply vessels.
SCI's customers are primarily comprised of Government agencies, large industrial concerns, international oil companies and public sector undertakings.
The promoters of the company is the President of India, acting through the Ministry of Shipping, Government of India (GoI).
Present paid-up Equity Share capital of GoI - 80.12%.
|Particulars||For the year/period ended (in Rs. million)|
|Profit After Tax (PAT)||3,934||9,595||7,546||10,161||11,166|
The object of the issue is to carry out the divestment of 42,345,365 Equity Shares by the Selling Shareholder. The proceedings from this issue will be used to:
1. Part funding the equity portion for the acquisition of certain vessels; and
2. General corporate purposes.
»» Issue Open: Nov 30, 2010 - Dec 3, 2010
»» Issue Type: Book Built Issue FPO
»» Issue Size: 84,690,730 Equity Shares of Rs 10 aggregating up to Rs 1,164.73 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 135 - Rs 140 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE, NSE
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Shipping Corporation of India FPO, SCI FPO, SCI FPO Bidding, Shipping Corp FPO Allotment Status, Shipping Corporation drhp and Shipping Corporation of India Ltd FPO listing.
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Employee||Total|
|Shares Offered / Reserved||42,133,638||12,640,091||29,493,547||423,454||84,690,730|
|Day 1 - Nov 30, 2010 17:00 IST||0.6800||0.0000||0.0500||0.0000||0.3500|
|Day 2 - Dec 1, 2010 17:00 IST||0.7700||0.0400||0.1400||0.0000||0.4400|
|Day 3 - Dec 2, 2010 17:00 IST||4.1900||0.2800||0.5600||0.0200||2.3300|
|Day 4 - Dec 3, 2010 17:00 IST||4.1900||3.6700||6.5600||0.1500||4.9200|
Vote Here ...
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Flat Rs 20 Per Trade
Free Equity Delivery Trades
Rs 100 off on account opening*
(* on online account opening)
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)
Request Call Back