Seven Islands Shipping IPO

Headquartered in Mumbai, Seven Islands Shipping Limited is a seaborne logistics company that was incorporated in 2002. The company is engaged in the trading of petrochemical lubricants, crude oil, and more. A few of the primary priorities of this company include secure transportation, efficiency while maintaining a clean environment.

Seven Islands transports crude oil in vessels that are categorised as Suezmax, Aframax and VLCCs. The company operates 20 vessels in total, which includes 13 MR vessels, 4 small vessels, while the rest are Suezmax vessels.

Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

IPO Open Date	To be announced
IPO Close Date	To be announced
Allotment Date	To be announced
Initiation Of Refunds	To be announced
Credit Of Shares To Demat Account	To be announced
IPO Listing Date	To be announced
UPI Mandate Expiry Date	To be announced

Financial year	Profit After Tax (in Rs. Crore)	Total Assets (in Rs. Crore)	Total Expenses (in Rs. Crore)	Total Revenue (in Rs. Crore)
December 30th, 2020	1,194.67	18,032.99	6,198.77	7,425.64
March 2020	802.96	16,552.68	6,198.77	7,279.61
March 2019	388.16	12,260.06	4,293.23	4,703.22
March 2018	880.01	9,356.51	3,263.31	4,151.63

Why should you invest in the Seven Islands Shipping IPO?

Below are your top reasons:

Seven Islands Shipping has a proven track record when it comes to delivering strong financial services. The company’s highly experienced and efficient management team has played a vital role in that regard. They have formed longstanding relationships with some of the leading oil and gas customers. It is represented by the renewal of the short-term (12-24 months) contracts on time.
Taking into account the fact that demand for vessels to transport and import crude oil has been rising steadily, it appears that this company has tremendous potential to grow. Furthermore, key metrics such as revenue and margins in relation to this company is expected to grow. Hence, investors might consider subscribing to Seven Islands Shipping’s initial public offering.

Know before investing

Strengths

Seven Islands Shipping has a proven track record when it comes to financial performance. The company purchases vessels at an optimum price. Moreover, the measures taken by it have been instrumental in reducing costs and maintaining operational efficiency.

The company has a highly experienced management team; its promoters have more than three decades of experience. Furthermore, they’ve managed to develop favourable relationships with oil majors belonging to the public sector, which is evident considering the favourable short-term contracts which the company renews on a timely basis.

This company has judicious risk management policies, which include acquiring a vessel only after assurance of deployment.

Risks

If any unfavourable change materialises in relation to the tanker division, the Cabotage Law, in particular, the company’s risk profile could be impacted severely.

The increasing competition in the industry could affect the charter rates.

This company requires a substantial amount of capital to run its operations owing to the high cost of ocean-going tankers. While the price of an MR tanker is more than Rs. 65 crores, a Suezmax vessel costs anywhere between Rs. 100 crores and Rs. 125 crores.

Frequently asked questions

What is Seven Islands Shipping IPO?

Seven Islands Shipping has filed DRHP with capital market regulator SEBI to raise funds worth Rs. 600 crores via an initial public offering. This company’s public issue will comprise a fresh issue of Rs. 400 crores and an offer for sale (OFS) of Rs. 200 crores by existing shareholders and promoters.
When will Seven Islands Shipping IPO allotment be available?

There is no announcement regarding the date of allotment.
What will be Seven Islands Shipping IPO lot size?

Details regarding the lot size of the IPO aren’t announced.
What would be the listing gains on Seven Islands Shipping IPO?

Listing gain is the difference between the IPO's opening and offer prices.
The listing gain results from changing investors' interests, global parameters, and short vs long-term outlooks.
I have finished the application process for Seven Islands Shipping IPO?, but the funds are not yet debited. What is the reason?

The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.
Can I submit more than one application for the public issue of Seven Islands Shipping IPO using one PAN?

You can submit only one application using one PAN card.
How to approve the UPI mandate request for the Seven Islands Shipping IPO?

Login to your UPI handle and approve the payment mandate to complete the IPO application process.
When will Seven Islands Shipping IPO open for subscription?

Details are not available.
When will Seven Islands Shipping IPO open for subscription?

Details are not available.
What minimum lot size can retail investors subscribe to?

The minimum investment size is one lot for retail investors.
When will Seven Islands Shipping IPO list on exchanges?

It usually takes ten working days from the last day of subscription to list the IPO on the bourses.
How to check the allotment status of Seven Islands Shipping IPO?

Dynami customers can log in to their accounts to check Uma Converter Limited IPO. IPO allotment status.
When checking the allotment status, keep your application, DP ID, and PAN number ready.
What is the minimum order quantity for Seven Islands Shipping IPO?

The minimum size of the application will be one lot.

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