Shipping Corp FPO bid 1.88 times till 1500 hrs on December 2, 2010 - Indian IPO Blog

Thursday, December 2, 2010

Shipping Corp FPO bid 1.88 times till 1500 hrs on December 2, 2010

Shipping Corporation FPO has been bid 1.88 times on an overall basis till 3 PM on December 2, 2010 1500 hrs IST. The response from the Retail Category has not been too keen till now. SCI FPO closes for subscription for the QIB category today.

SCI FPO consists of 84,690,730 Equity Shares of Rs.10/- each in a price band of Rs.135/- to Rs.140/- per equity share. The Retail Category would get a discount of 5% on the Issue Price. Shipping Corporation of India Ltd (SCI) is a “Navratna” company and is India’s largest shipping companies handling about 35% of market share

Click here for SCI FPO Subscription Status till second day

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