Saturday, February 15, 2014

SI VI Shipping Corporation IPO to open on Feb 18th

SI. VI. Shipping Corporation Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 2,742,000 Equity Shares of Rs 10/- each aggregating upto Rs 6.86 Crore. The price for the issue has been fixed at Rs 10/- per share.

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.

The issue opens on Feb 18, 2014 and closes for subscription on Feb 21, 2014. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.

Visit SI VI Shipping Corporation IPO page for more detail.