Business Standard

Seaways Shipping & Logistics Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Seaways Shipping & Logistics Ltd News

    Seaways Shipping & Logistics Ltd IPO Details

    Initial public offer of up to [*] equity shares of face value Rs. 10 each (equity shares) of Seaways Shipping and Logistics Limited (company or issuer) For cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. [*] Crores (the offer) consisting Of a fresh issue of up to [*] equity shares by our company aggregating up to Rs. 80 Crores (the fresh issue) and an offer for sale of up to 6,445,224 equity Shares by parvataneni vivek anand, parvataneni sudha mohan, parvataneni prasanthi, parvathaneni vishwa ratan, parvathaneni divya, ratakondla Ramesh and idfc private equity fund ii, (the selling shareholders) aggregating up to Rs. [*] Crores (the offer for sale). The offer comprises a Net offer to the public of up to [*] equity shares (the net offer) and a reservation of up to 400,000 equity shares aggregating up to Rs. [*] Crores for Subscription by eligible employees (as defined herein) (the employee reservation portion). The offer would constitute [*]% of our post-offer paidup Equity share capital and the net offer would constitute [*] % of our post-offer paid-up equity share capital.

    Objective of issue

    Gross Proceeds from the Fresh Issue.

    Seaways Shipping & Logistics Ltd Contact Details

    Seaways Shipping & Logistics Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email -

    Website -