- SBI offers Rs 2,000-cr loan to SCI for acquiring 9 vessels
SBI has offered an in-principle in-principle sanction to loan Rs 2,000 crore to Shipping Corporation of India for acquiring nine vessels.
- SCI FPO subscription fully covered on Thursday
The offer closes on December 3 for retail investors and it will offer a 5% discount to retail investors on the final share sale price.
- SCI FPO: What experts recommend
Govt has fixed a price band of Rs 135-140 per share and issue size is likely to be around Rs 1186 crore. Here is what experts have to say a...
- Subscribe to SCI FPO with long-term view: Centrum
Centrum is of the view that investors with long-term view should ‘Subscribe’ to the follow-on public offer of Shipping Corporation of India.
- SCI FPO attractively priced: Way2Wealth
Way2Wealth is of the view that follow-on public offer of Shipping Corporation of India is attractively priced. It has advised to ‘Subscribe...
- Subscribe to Shipping Corporation FPO: Arihant
Arihant Capital Market has advised investors to ‘Subscribe’ to follow-on public offer of Shipping Corporation of India.
- SCI to raise over Rs 5,000 crore over next 2 years through ECB
The Shipping Corporation of India said it will take External Commercial Borrowing route to raise over Rs 5,000 crore in the next two years.
- Neutral on Shipping Corporation FPO: Angel Broking
GESCO is a better bet than SCI at current levels, given the former’s higher return ratios, earnings growth.
- SCI FPO opens today; price band at Rs 135-140/share
The government will sell a 10 per cent stake in the shipping services firm and the company will issue another 10 percent of fresh equity.
- Shipping Corporation of India to use FPO proceeds to expand fleet
Shipping Corporation of India (SCI) is planning to aggressively expand its fleet capacity by nearly 54% over the next 3-4 years.
- SCI’s FPO band fixed at Rs 135-140
The government has fixed price band of Rs 135-140 a share for Shipping Corporation’s FPO through which it expects to raise about Rs 1,200 c...
We'll use FPO funds to raise capacity: SCI chiefState-owned SCI is doing roadshows with international investors for its follow-on public offer (FPO) slated to hit the market by November-e...
- SCI's FPO likely by early-Dec, says Shipping Secretary
The follow-on public offer (FPO) of Shipping Corporation of India (SCI) is likely to hit the market by early-December, a senior official sa...
- Hindustan Copper’s FPO on track, says govt
Govt has decided to keep Hindustan Copper’s FPO on track, dispelling all speculation about a possible postponement of the issue.
- SCI FPO soon, appoints SBI Caps, IDFC, ICICI Sec as i-bankers
Shipping Corporation of India (SCI) today said it will soon come out with a follow-on public offer (FPO) and has decided on three investmen...
- Heard on the Street: FDC soars as Rar(e)ing Bull accumulates stock
The stock closed at Rs 91.20, up 7% over the previous trading session, supported by nine times the average trading volumes.
- Govt may go for partial divestment, raise fresh equity in SCI
The government today said it may go for partial disinvestment as well as raise fresh equity in the Shipping Corporation of India (SCI).