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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.
The SI VI Shipping IPO is proposed to open on February 18, 2014. The IPO application ends on February 21, 2014.
Retail investors can apply in the retail or non-institutional investor category from February 18, 2014 to February 21, 2014. The SI VI Shipping IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The SI VI Shipping IPO will open for subscription on February 18, 2014. The public issue will close on February 21, 2014.
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