Greatship files DRHP with SEBI

MUMBAI: Greatship India, a subsidiary of the Great Eastern Shipping, has filed a draft red herring prospectus with Securities and Exchange Board of India.

Shares of Great Eastern Shipping soared over 5 per cent after the company made an announcement to the exchanges.

At 12:20 pm, the stock was at Rs 314.70, up Rs 16.05 or 5.37 per cent on the BSE. It touched a high of Rs 315 and low of Rs 302 in trade so far.