The Retail Category was subscribed to the extent of 6.25 times. There were a total of 308,395 applications for 187,183,150 Equity Shares out of which 88,125 applications for 46,573,850 Equity Shares were made under ASBA process. Of these 303,639 applications for 185,199,050 Equity Shares were found valid and they were considered for allotment at a price of Rs.133 per Equity Share. The total number of Equity Shares allotted in Retail Individual Bidders category is 29,623,556 Equity Shares which were allotted to 241,081 successful applicants. The category-wise details of the Basis of Allotment are as under:

Category	No. of Applications	% to total	Total No. of Equity Shares applied	% of total	No. of' Equity . Shares allotted	Ratio	Total No. of Equity Shares allotted
50	27,300	8.99	1,365,000	0.74	50	4:25	218,400
100	31,721	10.45	3,172,100	1.71	50	8:25	507,550
150	14,681	4.84	2,202,150	1.19	50	12:25	352,350
200	22,274	7.34	4,454,800	2.41	50	16:25	712,750
250	9,273	3.05	2,318,250	1.25	50	4:5	370,900
300	9,308	3.07	2,792,400	1.51	50	16:17	438,000
350	14,980	4.93	5,243,000	2.83	56	FIRM	838,880
Additional (for category 350 shares only)					1	5:102	734
400	7,082	2.33	2,832,800	1.53	64	FIRM	453,248
450	2,161	0.71	972,450	0.53	72	FIRM	155,592
500	10,713	3.53	5,356,500	2.89	80	FIRM	857,040
550	1,905	0.63	1,047,750	0.57	88	FIRM	167,640
600	2,492	0.82	1,495,200	0.81	96	FIRM	239,232
650	1,370	0.45	890,500	0.48	104	FIRM	142,480
700	73,537	24.22	51,475,900	27.80	112	FIRM	8,236,144
750	3,010	0.99	2,257,500	1.22	120	FIRM	361,200
800	1,059	0.35	847,200	0.46	128	FIRM	135,552
850	556	0.18	472,600	0.26	136	FIRM	75,616
900	798	0.26	718,200	0.39	144	FIRM	114,912
950	286	0.09	271,700	0.15	152	FIRM	43,472
1000	2,745	0.90	2,745,000	1.48	160	FIRM	439,200
1050	723	0.24	759,150	0.41	168	FIRM	121,464
1100	614	0.20	675,400	0.36	176	FIRM	108,064
1150	222	0.07	255,300	0.14	184	FIRM	40,848
1200	439	0.14	526,800	0.28	192	FIRM	84,288
1250	366	0.12	457,500	0.25	200	FIRM	73,200
1300	267	0.09	347,100	0.19	208	FIRM	55,536
1350	260	0.09	351,000	0.19	216	FIRM	56,160
1400	63,496	20.91	88,894,400	48.00	224	FIRM	14,223,104

Shipping Corporation FPO shares would be listed and permitted to trade from today. Shipping Corporation of India FPO was finally oversubscribed 4.92 times on an overall basis.

The FPO had opened for subscription from Tuesday, November 30, 2010 and consisted of 84,690,730 Equity Shares of Rs.10/- each in a price band of Rs.135/- to Rs.140/- per equity share. The Issue Price was fixed at the cap price of the price band with a 5% Discount on the final Issue Price to the Retail category of Investors

Shipping Corporation of India (SCI) FPO Allotment Status is now declared online and can be checked at the following link:

Click here to check your status now

Shipping Corporation FPO Allotment Status is expected to be declared in 1-2 days. The link for the Shipping Corporation FPO Allotment Status will be updated here as soon as it is made available online


Shipping Corporation of India had fixed the issue price of its FPO at Rs.140/- per equity share, which is at the upper end of the price band of Rs.135/- to Rs.140/- per equity share. As announced earlier, the Retail Category is entitled to a discount of 5% on the Issue Price. Shipping Corporation of India FPO had received a very good response with the FPO getting overbid 4.92 times on an overall basis and 6.56 times in the Retail Category

Check back this post for the latest updates on Shipping Corporation of India FPO Allotment Status!

Update: Shipping Corporation of India (SCI) FPO Allotment Status declared

Shipping Corporation of India has fixed the issue price of its recently concluded FPO at Rs.140/- per equity share, which is at the upper end of the price band of Rs.135/- to Rs.140/- per equity share. As announced earlier, the Retail Category is entitled to a discount of 5% on the Issue Price. Consequently, the Retail Investors would get a discount of Rs.7/- per equity share and Issue Price would be Rs.133/- per equity share in case of Retail Category

Shipping Corporation of India FPO had received a very good response with the FPO getting overbid 4.92 times on an overall basis and 6.56 times in the Retail Category, the larger part of the subscription flowing in on the closing day in the Retail Category. The subscription in the QIB category, for which the offer closed for subscription on Thursday, December 2, 2010 had been quite firm at 4.19 times

Shipping Corporation of India Ltd (SCI) is a “Navratna” company and is India’s largest shipping companies

Shipping Corporation of India FPO has been finally oversubscribed 4.92 times on an overall basis. The FPO had opened for subscription from Tuesday, November 30, 2010 and consisted of 84,690,730 Equity Shares of Rs.10/- each in a price band of Rs.135/- to Rs.140/- per equity share with a 5% Discount on the final Issue Price to the Retail category of Investors

The subscription in the QIB category, for which the offer closed for subscription on Thursday, December 2, 2010 has been supportive at 4.19 times. The HNI Category has finally reached a subscription figure of 3.67 times, although the highlight of the closing day subscription figures was the remarkable response from the Retail Investors on the closing day, which is evident from the subscription figures in the Retail category which climbed to 6.56 times on the closing day as against a meager 0.5 times on Thursday, December 2, 2010

The Retail Category received bids for 193367050 Equity Shares as against 29493547 Equity Shares reserved for the category, thus making the Retail Category overbid by 6.5562 times

Shipping Corporation of India Ltd (SCI) is a “Navratna” company and is India’s largest shipping companies handling about 35% of market share

QIB: 4.19 times
Non-Institutional Investors: 3.67 times
Retail: 6.56 times
Employees: 0.15 times
Overall: 4.92 times