SI VI Shipping Corporation Ltd IPO (SI VI Shipping IPO) Detail

Feb 18, 2014 - Feb 21, 2014

SI. VI. Shipping Corporation Ltd (SVSC) is a new entrant to the Indian shipbuilding sector and proposes to develop a modern shipyard spread over 24 acres to build ships of up to 120 meter length at the Dahej Shipbuilding Park developed by Gujarat Maritime Board supported by Government of Gujarat, India.

Its focus would be to bid for ships up to 120 meter length in cargo, offshore, and other specialized segments. Currently it is working as a subcontractor for fabrication of hull with L&T’s shipyard at Hazira. Immediately on incorporation, SVSC bagged order of fabrication and erection of aluminum hull for 7 high speed Interceptor boats from L&T’s Hazira Shipyard. The company has already executed the first boat in a record time.

Today, almost 60% of the total fabrication work allotted by L&T’s Hazira Shipyard is done by them. In short span they also taken over operation of modern CNC machine for preparation of fabrication material for L&T’s Hazira Shipyard. Recently they have also been awarded piping work for high speed interceptor boats by L&T’s Hazira
Shipyard.

Company Promoters:

The promoters of the company are:

1. Mr. Manoj Kumar Sarawagi

Objects of the Issue:

The objects of the Issue are:-

1. Working Capital requirements;
2. Repay certain unsecured loans availed by them;
3. Meet Issue Expenses.

SI VI Shipping IPO Details

IPO DateFeb 18, 2014 - Feb 21, 2014
Issue TypeFixed Price Issue IPO
Issue Size2,742,000 Eq Shares of ₹10
(aggregating up to ₹6.86 Cr)
Face Value₹10 Per Equity Share
IPO Price₹25 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

SI VI Shipping IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹150,000
Maximum16000₹150,000

SI VI Shipping IPO Prospectus

SI VI Shipping IPO Rating

5
2.0
Rating:Rated 2.0 stars

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SI VI Shipping IPO Listing Date

Listing DateThursday, March 6, 2014
BSE Script Code537669
NSE Symbol
Listing InMT
ISININE920P01019
IPO Price₹25 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹25.00
₹26.10
₹26.10
₹26.10
₹26.10
12,000

SI VI Shipping IPO Reviews / Ratings

Company Contact Information

SI VI Shipping Corporation Ltd
Office Block, 1st Floor, Plot No. 237/2 & 3,
Central Park Society, GIDC,
Pandesara, Surat, Gujarat – 394221

Phone: +91 261 2894415/16
Email: investors@sivishipping.com
Website: http://www.sivishipping.com

SI VI Shipping IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

SI VI Shipping IPO FAQs

  1. 1. What is SI VI Shipping IPO?

    SI VI Shipping IPO is a SME IPO of 2,742,000 equity shares of the face value of ₹10 aggregating up to ₹6.86 Crores.

    The issue price of the IPO is ₹25 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Feb 18, 2014 and closes on Feb 21, 2014.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When SI VI Shipping IPO will open?

    The SI VI Shipping IPO opens on Feb 18, 2014 and closes on Feb 21, 2014.

  3. 3. How to apply for SI VI Shipping IPO?

    SI VI Shipping IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When SI VI Shipping IPO allotment?

    The finalization of Basis of Allotment for SI VI Shipping IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SI VI Shipping IPO allotment status.

  5. 5. When is SI VI Shipping IPO listing date?

    The SI VI Shipping IPO listing date is on Thursday, March 6, 2014, at BSE SME.
  6. 6. What is the lot size of SI VI Shipping IPO?

    SI VI Shipping IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

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SI VI Shipping IPO Review / Comments

pooja dixit
2. pooja dixit  Mar 29, 2014 10:32
ankit shah
1. ankit shah  Feb 17, 2014 11:24
wha t about this issue ?






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