Initial public offering of up to (*) equity shares of face value of Rs. 10 each (equity shares) of Seven Islands Shipping limited (the company) for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) aggregating up to Rs. 450 Crores (the offer) consisting of a fresh issue of up to (*) equity shares aggregating up to Rs. 200 Crores (the fresh issue) and an offer for sale of up to [] equity shares aggregating up to Rs. 250 Crores comprising an offer for sale of up to (*) equity shares by Wayzata III Indian Ocean Limited aggregating up to Rs. 125 Crores, up to (*) equity shares by Thomas Wilfred Pinto aggregating up to Rs. 107.05 Crores and up to [] equity shares by Leena Metylda Pinto aggregating up to Rs. 17.95 Crores (the selling shareholders) (the offer for sale). The offer would constitute (*)% of the post-offer paid-up equity share capital.The face value of equity shares is Rs. 10 each. The price band and minimum bid lot will be decided by the company.