The Seven Islands Shipping Date Will Be Updated Soon. Read the post to learn about Seven Islands Shipping IPO GMP.
Seven Islands Shipping transports crude oil painting in vessels classified as Suezmax, Aframax and VLCCs. The company operates 20 total vessels, including 13 MR vessels and four small vessels, while the rest are Suezmax vessels.
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Key Details Of Seven Islands Shipping IPO:
Bidding Dates
Coming Soon
Price Range
₹0 per share
Face Value
₹0 per share
GMP
₹0
Seven Islands Shipping GMP
The Seven Islands Shipping IPO GMP is ₹[].
Seven Islands Shipping IPO Overview
Seven Islands Shipping has filed papers with SEBI to raise Rs. 600 crores via an original public immolation( IPO) of equity shares. The public issue comprises a fresh issue worthRs. 400 crores and an offer for trade adding up up toRs. 200 crores. For the offer for trade, over to will be raised by FIH Mauritius Investment will raise to Rs 100 crore, Thomas Wilfred Pinto over to Rs 85.64 crore, and Leena Metylda Pinto over to Rs 14.35 crore.
Seven Islands Shipping IPO Financials
Financial Year (As of) | Profit After Tax (in Rs. Crore) | Total Assets (in Rs. Crore) | Total Expenses (in Rs. Crore) | Total Revenue (in Rs. Crore) |
December 30th, 2020 | 1,194.67 | 18,032.99 | 6,198.77 | 7,425.64 |
March 2020 | 802.96 | 16,552.68 | 6,198.77 | 7,279.61 |
March 2019 | 388.16 | 12,260.06 | 4,293.23 | 4,703.22 |
March 2018 | 880.01 | 9,356.51 | 3,263.31 | 4,151.63 |
Seven Islands Shipping Peer Comparison
Name of the Company | Face Value | EPS (in Rs.) | Return on Net Worth (RONW) |
Seven Islands Shipping | Rs. 10 | Rs. 14.03 | 10.6% |
Great Eastern Shipping Company | Rs. 10 | Rs. 13.9 | 3.0% |
Shipping Corporation of India | Rs. 10 | Rs. 7.2 | 4.5% |
Transport Corporation of India | Rs. 2 | Rs. 18.5 | 14% |
VRL Logistics Limited | Rs. 10 | Rs. 10.0 | 14.6% |
Company Profile
Seven Islands Shipping Limited is a seaborne logistics firm established in 2002 with its main office in Mumbai. The business trades crude oil painting, petrochemical lubricants, and other goods. This company places a high precedence on effectiveness and maintaining a clean plant, among other effects. The capital request controller SEBI has entered primary papers from Seven islets Shipping Limited for aRs. 600 crore public immolation. According to the draught red herring prospectus( DRHP), a newRs. 400 crore allocation would be part of the first public immolation.
An offer for trade( OFS) by current shareholders and promoters will make up the remaining portion of the public immolation. An offer for trade( OFS) by current shareholders and promoters will make up the remaining portion of the public immolation. It’ll raiseRs. 100 crore for FIH Mauritius Investment. At the same time, Leena Metylda Pinto and Thomas Wilfred Pinto would use the secondary issue to sell equity shares valued at over toRs.14.35 crores andRs.85.64 crores, independently.
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Seven Islands Shipping FAQs
From when can investors start subscribing to Seven Islands IPO?
The opening date of this forthcoming IPO is not yet known.
What is the price band of this forthcoming public issue?
Seven Islands has not disclosed the price band of its upcoming IPO as of yet.
How will investors receive the allotted shares?
After the completion of the allotment process, shares will be credited to the Demat account of investors.
Who is the registrar for Seven Islands IPO?
The registrar for the public issue of Seven Islands is Link Intime India Private Limited.
Who are the promoters of Seven Islands?
The promoters of this company are Thomas Wilfred Pinto, Leena Metylda Pinto and FIH Mauritius Investments Ltd.
What type of IPO is Seven Islands IPO?
The initial public offering of Seven Islands is a book build issue.
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