Shipping Corporation SCI FPO IPO: Review Analysis & Details of Shipping Corporation of India SCI FPO IPO: Finance Trading Times

Shipping Corporation SCI FPO IPO: Review Analysis & Details of Shipping Corporation of India SCI FPO IPO

It's the season of IPO's and FPO's. Most importantly, majority of them are coming from the Government of India which is attempting to capitalize upon the easy money collection opportunities offered by Stock markets through IPO and FPO.
The FPO or follow-on public offer of the another government owned healthy company called Shipping Corporation of India SCI Limited is coming up. Investors who are interested in applying for this FPO or IPO should note that this is NOT an IPO, rather it is an FPO since the Shipping Corporation of India SCI Shares are already listed on the stock exchanges. As reported earlier, the Coal India IPO was a huge success a few days back, and then we have a Power Grid FPO IPO: Review Analysis & Details and Manganese Ore IPO: Review Analysis & Details followed by Hindustan Copper FPO IPO: Review.
In this article, we will look at the Review, Analysis and Details of the Shipping Corporation of India SCI FPO and try to do the Review and analysis of Shipping Corporation of India SCI FPO.

Shipping Corporation of India SCI FPO: Review Analysis & Details

Some basic details first about the Shipping Corporation of India SCI FPO, which are available as of now:

- The SCI or Shipping Corporation of India SCI is the largest shipping company of India
- The details about FPO price of Shipping Corporation of India SCI is not knows as of yet. However, if the FPO price is offered at a discount to the current price, it is worth subscribing to the FPO
- Being a Navratna company, it is recommended for both a medium term and long term hold

What is the issue size of the Shipping Corporation of India SCI IPO?
A total of 8,46,90,730 shares will be sold through the FPO. Shipping Corporation of India SCI IPO
What is the price band of Shipping Corporation of India SCI IPO?
No official confirmation as of yet.

How many shares will be sold in the Shipping Corporation of India SCI IPO?
The total no. of shares to be sold through this IPO is a total of 8,46,90,730 shares.

What is the trading symbol & exchange for the Shipping Corporation of India SCI IPO
No info about that

What are the IPO dates for Shipping Corporation of India SCI IPO
The Shipping Corporation of India SCI IPO FPO dates are expected to be November 30, 2010 to December 3, 2010.

Any ratings given to Shipping Corporation of India SCI IPO?
No information about that. However, being a Navratna company already listed in the stock markets, this is known to be having very good fundamentals

What are the analysts recommendations and business results for Shipping Corporation of India SCI IPO?
First the good news for retails investors - retail investors will get a 5% discount on this FPO since it is a government owned company. The same discount applies for Shipping Corporation of India SCI Employees as well. The employees will also get the 5% discount.
Another good news is that the retail investors can now bid with the 2 Lakh upper limit, as per the new SEBI norms. Hence, the more money you have, the more you can play around with. But please note that this is an FPO, not an IPO. So the prices will be dependent on the existing listed shares. Dont expect to double your money through this FPO.

Whether to invest in this company or not is the big question. Most of the market experts believe that the SCI or Shipping Corporation of India has very good fundamentals. The pricing of this SCI or Shipping Corporation of India FPO will be the most important criteria for this FPO subscription. See Shipping Corporation of India SCI FPO IPO: Market Experts Recommendations
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