Shipping Corporation of India Ltd

SBI Capital Markets Ltd

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 ShippingCorporation 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 eachThe 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

    • Opens On30 Nov 2010
    • Closes On03 Dec 2010
  • Money Payable On

    • Application140
    • Allotment0
  • Project Cost (Cr.)0
  • Post Issue Equity Share Capital (Cr.)465.8
  • Issue Price (D)140

Further Multiples of: 50

Projects

  • Promoted By
    • Listing AtChennai
    • Registrar to the Issue - Karvy Computershare Pvt Ltd

    Shipping House 245 Madame Cama Road Mumbai

    Maharashtra- 400021

    Phone - 91-22-22772213

    Fax - 91-22-22026906

    Email - dipankar.haldar@sci.co.in

    Website - www.shipindia.com

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