Shipping Corporation of India (SCI) Follow-on Public Offer, which opened for subscription yesterday, has received a lukewarm response till Day 2 of its opening with the FPO getting bid 0.44 times on an overall basis till the second day. The Retail Category has been bid about 14% or 0.14 times, while the QIB Category is bid 0.77 times till Day 2
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
Wednesday, December 1, 2010
Shipping Corporation of India FPO covered 44 percent till second day
Tags
# Bidding status
# Day 2 Subscription Status
# IPO News
# IPO Updates
# Retail Bidding Status
# SCI FPO
# Shipping Corporation FPO
# Shipping Corporation of India FPO
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