IPO - Initial Public Offers - Shipping Corporation FPO - Dec 03 FY10 in IPO's & MF's - Issue Price: Rs. 135 - Rs. 140 Per Equity Share Check Allotment Status : http://mis.karvycomputershare.com/ipo/ Issue Detail: »» Issue Open: ...
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Shipping Corporation FPO - Dec 03 FY10

  1. Post Shipping Corporation FPO - Dec 03 FY10

    Issue Price: Rs. 135 - Rs. 140 Per Equity Share

    Check Allotment Status : http://mis.karvycomputershare.com/ipo/

    Issue Detail:
    »» Issue Open: Nov 30, 2010 - Dec 03, 2010
    »» Issue Type: 100% Book Built Issue FPO
    »» Issue Size: 84,690,730 Equity Shares of Rs. 10
    »» Issue Size: Rs. 1,185.67 Crore
    »» Face Value: Rs. 10 Per Equity Share
    »» Minimum Order Quantity: 50 Shares

    Hi All,

    Whats the call on shipping corp? can we subscribe for listing gains or short term?

    Number of Times Issue is Subscribed (BSE + NSE)
    As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional InvestorsRetail Individual Investors (RIIs)Employee ReservationsTotal
    Shares Offered / Reserved 42,133,638  12,640,091  29,493,547  423,454  84,690,730 
     Day 1 - Nov 30, 2010 17:00 IST 0.6800  0.0000  0.0500  0.0000  0.3500 
     Day 2 - Dec 01, 2010 17:00 IST 0.7700  0.0400  0.1400  0.0000  0.4400 
     Day 3 - Dec 02, 2010 17:00 IST 4.1900  0.2800  0.5600  0.0200  2.3300 
     Day 4 - Dec 03, 2010 17:00 IST 4.1900  3.6700  6.5600  0.1500  4.9200 



  2. Quote Originally Posted by asterixobelix View Post
    CMP : 143
    Hi All,

    Whats the call on shipping corp? can we subscribe for listing gains or short term?
    Any FPO, i first look at whether the stock is a good buy in secondary market. If its not, going for FPO for discount alone is not a good idea. For ex, power grid was a very strong buy and the FPO was a good opportunity.

    I don't find shipping corp a good buy in secondary market and i wouldn't go for this FPO







  3. Shipping Corporation of India Ltd FPO shares will list on Wednesday, Dec 15, 2010

    Shipping Corporation of India Ltd FPO listed at the discount of 5.29%.

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