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THE SHIPPING CORPORATION OF INDIA LIMITED IPO

THE SHIPPING CORPORATION OF INDIA LIMITED was a mainboard IPO, offered at ₹135–₹140 per share to raise ₹1,186 crore. It listed on 13 Aug 1997 at ₹54 and closed its first day at ₹54, a listing loss of -61.1% versus the ₹140 issue price. It now trades around ₹244 (+74.6% versus the issue price).

Frequently asked questions

What were the THE SHIPPING CORPORATION OF INDIA LIMITED IPO listing gains?
THE SHIPPING CORPORATION OF INDIA LIMITED listed on 13 Aug 1997 at ₹54, closing its first day at ₹54 — a listing loss of -61.1% versus the ₹140 issue price.
What was the price band and lot size of the THE SHIPPING CORPORATION OF INDIA LIMITED IPO?
The price band was ₹135–₹140 per share.