Apply IPO

Lets Talk About Applying IPO's Before investing.

Seven Islands Shipping Files Draft Papers With SEBI

Seven Islands Shipping Files Draft Papers With SEBI:

Shipping company Seven Islands Shipping Ltd has filed its draft proposals with the Securities and Exchange Board of India (SEBI) to float initial public offerings (IPOs).

Seven Islands Shipping, which started operations in 2002, has acquired more than 15 vessels and has operations along the Indian coast, Arabian Gulf and South-East Asia. It operates in two major sub-segments: crude oil trade and liquid products trade.

The company’s clients include Indian Oil Corp. Ltd, Hindustan Petroleum Corp. Ltd and Bharat Petroleum Corp. Ltd, among others.

Seven Islands Shipping IPO comprises of up to 4.5 billion rupees, including fresh issue of 2 billion rupees and offer for sale of 2.5 billion rupees. Edelweiss will be sole bookrunner for IPO.

They are likely to use the funds for purchasing new ships for business expansion and for reducing debt.

Market Update:

If You Want to Reduce Your Brokerage By More Than 80% Just Get More Information Here: Save More Than 80% Brokerage.

Bharat Road Network Ltd IPO (BRNL IPO) lists at 1.54% Premium. While Ltd IPO (Matrimony IPO) listed at 8.51% discount.

Now Capacit’e Infraprojects Ltd IPO (CIL IPO) lists at 36.96% Premium.

ICICI Lombard General Insurance Company IPO also able to lists successfully at 3.1% Premium.

SBI Life Insurance Company Ltd IPO bidding going to start from September 20, 2017 – September 22, 2017. While SBI Life Insurance IPO Grey Market Premium (GMP) is trading between Rs 23 – Rs 25 per equity share.

Prataap Snacks Ltd IPO (PSL IPO) is going to be active in market from September 22, 2017 – September 26, 2017. Prataap Snacks Ltd (PSL) IPO Grey Market Premium (GMP) is trading between Rs 210 – Rs 230 per equity share.

Godrej Agrovet Ltd IPO (GAL IPO) bidding going to start from October 04, 2017 – October 06, 2017.

While Godrej Agrovet Ltd (GAL) IPO Grey Market Premium (GMP) is trading between Rs 115 – Rs 125 per equity share.

Now MAS Financial Services Ltd IPO (MFSL IPO) is going to hit market from  October 06, 2017 – October 10, 2017.

While MAS Financial Services Ltd (MFSL) IPO Grey Market Premium (GMP) is trading between Rs 18 – Rs 20 per equity share.

Indian Energy Exchange Ltd IPO (IEX IPO) is also going to be active from October 09,2017 – October 11,2017.

While Indian Energy Exchange Ltd (IEX) IPO Grey Market Premium (GMP) is not trading as of now.

Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insuranceSBI life insurance IPO etc.

Keep watching this blog to keep yourself updated with all the news.

If you want all updates delivered to your email box just subscribe for the updates. We also hate spam so we are not going to share your details with anyone. So Just Subscribe and forget the tension of tracking the IPO’s. We will do it for you.

If you like to have a Chance to Win a Smart Phone just Like and share us.

Leave a Reply

Your email address will not be published. Required fields are marked *

Apply IPO © 2018