Seven Islands Shipping IPO – Review, Allotment Status, Subscription, Price, Date & more

Seven Islands Shipping has got the approval from Securities and Exchange Board of India (Sebi) for initial public offerings to raise around Rs 450 crores. The promoters to this IPO are Thomas Wilfred Pinto and Leena Metylda Pinto. Lets read all the details about the Seven Islands Shipping IPO size, Seven Islands Shipping IPO object, background of the company, the investors and the financial performance of the company.


Seven Islands Shipping IPO Review & Ratings

Seven Islands Shipping IPO Ratings & Review
CriteriaRatings
Industry Sentiments6.5/10
Industry Ranking6.4/10
Company Background6.8/10
Company Reputation6.9/10
Competitive Edge6.4/10
Financial Statements6.7/10
Popularity Index6.8/10
Promoters Reputation6.4/10
Retail Appetite6.8/10
Top Brokers Review6.8/10
Overall Ratings6.7/10
Star Ratings★★★☆☆

Summary of Seven Islands Shipping IPO

SEVEN ISLANDS SHIPPING IPOSeven Islands Shipping is a sea-coast logistics company that deals with the trading of various  types liquid oil, white oil, crude oil trading, petrochemical lubricants, etc. This is the company’s first time initial public offering. The company is planning to raise up to Rs 450 crore, all comprised of fresh issue of equity shares of up to Rs 200 crore, and the offer for sale of equity shares around Rs 250 crore by Wayzata III Indian Ocean Limited aggregating up to 125 crore and another equity shares by Thomas Wilfred Pinto aggregating around Rs 107.50 crore, and another equity shares by Leena Metylda Pinto comprising of up to 17.95 crore. The IPO of the equity share has a face value Rs 10 peach. Seven Islands Shipping IPO is going public this year and the investors are waiting for the opportunity.
The promoters for this company have appointed Edelweiss Financial Services Ltd as book running lead manager for this upcoming IPO. The registrar of the IPO is Link Intime India Private Limited. The company shares has got the approval for the listing on BSE and NSE.


Subscribe to Seven Islands Shipping IPO – Fill up the Form Below

Fill the Details Below
  1. Subscribe to IPOOpen Demat AccountBecome Sub Broker

Seven Islands Shipping IPO Date

The Seven Islands Shipping IPO is expected to be in market before the end of this calendar year. The company initiated the talks and the process of draft red herring prospectus in the year 2017, so the IPO is expected to be out soon.

Seven Islands Shipping IPO Subscription

 Subscription
Day 1 X
Day 2 X
Day 3 X
Day 4 X
Day 5 X

The details of shares being subscribed would be updated on a daily basis upon release of the IPO.

Seven Islands Shipping IPO Allotment Status

The details of shares allotted against the subscription would be updated once the allotment process is completed. The details would be accordingly updated.

Seven Islands Shipping IPO Price Band

The price offered under the IPO is generally decided during the book building process. The IPO price has not been released yet. The details would be shortly updated in this section.

Seven Islands Shipping IPO Issue Size

The Seven Islands Shipping IPO size is expected to be close to Rs. 1000 crores. However, this is just an indicative number and the actual number would be updated once the IPO details are finalized by the Company. Please revisit us for the latest updates.

Seven Islands Shipping IPO Equity Share Offerings

The number of shares being sold off by the existing investors is not disclosed yet.


Seven Islands Shipping Ltd – Company Overview

This company was launched in the year 2003 and since then Seven Islands Shipping IPO has

Key members of Seven Islands Shipping Ltd:

Competitive Strengths of Seven Islands Shipping Ltd

Business strategy of Seven Islands Shipping Ltd


Seven Islands Shipping Ltd – Financial Statements

 

A summary of the financial position of the company is presented below:

Assets of the Company

Assets (in INR & Millions)
 Mar’17Mar’16Mar’15Mar’14Mar’13
Non-Current Asset
Current Asset
Total Asset

The details would be updated shortly.

Revenue & PAT of the Company

Revenue & Profits (in INR & Millions)
 Mar’17Mar’16Mar’15Mar’14Mar’13
Total Revenue
Profit after Tax (PAT)

The details would be updated shortly.

Earnings per Equity Share

Earning per Equity Share (in INR)
 Mar’17Mar’16Mar’15Mar’14Mar’13
Basic
Diluted

The details would be shortly updated herein and an analysis of the same would also be presented.


Seven Islands Shipping Promoters

Promoter Group
Persons constituting the Promoter Group of this Company in terms of Regulation 2(1)(zb) of the ICDR Regulations except the Promoters are set out below:
Natural persons that forms Promoter Group
1. Christine Pinto
2. Sunny Gracias Pinto
3. Rita Felicia Vaz
4. Theresa Miranda
5. Clayton Lawrence Pinto
6. Thresa Bukelo
7. Derrick Bukelo
8. Denzil Bukelo
9. Elveera Parrera
10. Anita Lobo

Entities forming part of our Promoter Group
1. Seven Islands Logistics Private Limited
2. Dr. Pinto’s Pathological Laboratory
3. Seven Islands Shipping Foundation

Interest of Promoters:

Name of Promoter No. of equity shares Percentage of the issued, subscribed and paid-up capital (%)
Thomas Wilfred Pinto50,00050
Leena Metylda Pinto50,00050
Total 100,000100

Promoter Interest in property of the company

These details would be updated shortly.


Seven Islands Shipping IPO Offer Details or Issue Details

Offer of Equity SharesUp to [●] Equity Shares aggregating up to ` 4,500.00 million
of which:
(A)  Fresh IssueUp to [●] Equity Shares aggregating up to ` 2,000.00 million
(B)  Offer for SaleUp to [●] Equity Shares aggregating up to ` 2,500.00 million
of which:
(i)  Offer for sale by WayzataUp to [●] Equity Shares aggregating up to ` 1,250.00 million
(ii)  Offer for sale by Thomas Wilfred PintoUp to [●] Equity Shares aggregating up to ` 1,070.50 million
(iii)  Offer for sale by Leena Metylda PintoUp to [●] Equity Shares aggregating up to ` 179.50 million
The Offer comprises of:
(A)  QIB PortionNot more than [●] Equity Shares
of which:
Anchor Investor PortionNot more than [●] Equity Shares
Balance  available  for  allocation  to  QIBs  other  than  Anchor Investors (assuming Anchor Investor Portion is fully subscribed)[●] Equity Shares
of which:
Available for allocation to Mutual Funds only (5.0% of the Net QIB Portion)[●] Equity Shares
Balance for all QIBs including Mutual Funds[●] Equity Shares
(B)  Non-Institutional PortionNot less than [●] Equity Shares
(C)  Retail PortionNot less than [●] Equity Shares

 


Seven Islands Shipping IPO Issue Object

Will be declared and updated soon.


List of Upcoming IPOs in 2018

HDFC AMC IPONekkanti Seafoods IPODevi Seafoods IPOSandhya Marines IPO
John Energy IPOTCNS Clothing IPOSembCorp Energy IPOCredit Access Grameen IPO

Seven Islands Shipping IPO – Basis of the Offer Price

The IPO offer price is determined by the company and the lead managers by market evaluation and book building process. The price is also influenced by various qualitative and quantitative factors. Some such factors are discussed below.

The qualitative factors relevant to decide the issue price:

  • Established since long
  • Has survived a few cycles of economies
  • Collaboration with big brands

The quantitative factors relevant for the issue price are:

  • Earning per share
  • Price/earning ratio
  • Return on Net Worth
  • Net Asset Value – NAV per Equity Share

List of Latest IPOs of 2018

Fine Organic IPOIndoStar Capital IPOCapricorn Food Products IPOFlemingo Travel Retail IPO
Nazara Technologies IPOGenius Consultants IPORail Vikas Nigam IPOVerroc Engineering IPO

 


Seven Islands Shipping IPO Lead Managers

Lead Managers
Edelweiss Financial Services Limited

Seven Islands Shipping IPO Registrar to offer

Registrar to offer
Link Intime India Private Limited

Seven Islands Shipping IPO Review by Top 10 Stock Brokers

Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
Angel Broking
Sharekhan
Kotak Securities
ICICI Direct
IIFL
Edelweiss
Zerodha
5Paisa
Karvy
Motilal Oswal

The ratings would be updated once the financials and the other details of the IPO are released.


Seven Islands Shipping IPO Grey Market Premium

Grey market for Seven Islands Shipping IPO would open 15 days before the release of the IPO.


Subscribe to Seven Islands Shipping IPO – Fill up the Form Below

Fill the Details Below
  1. Subscribe to IPOOpen Demat AccountBecome Sub Broker

Seven Islands Shipping IPO News

News 1 : Seven Islands Shipping Limited Draft Offer Documents filed with SEBI


Market Guide

What is IPO?
IPO Investment
IPO Valuation
Upcoming IPOs

Featured Topics

Featured Topics
Top 10 Discount Brokers in India
Top 10 Full Service Brokers in India
Top 10 Stock Brokers in India
Top 10 Intraday Trading Brokers in India
Best Demat Account in India
Stock Broker Comparison
Top 10 Broking Franchise
Sub Broker Franchise
Stock Market Franchise

 

Get 100% IPO Allotment Guarantee! Subscribe to IPO
error: Content is protected !!