Beeline Strengthens Mainboard Track Record with 96% Anchor Book in Shreeji Shipping IPO

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Mumbai (Maharashtra) [India], September 3: Beeline Capital Advisors Private Limited has successfully closed the deal for Shreeji Shipping Global Limited’s IPO with an overwhelming response. The Initial Public Offering, sized at ₹410.71 crore, attracted strong investor interest and was subscribed to the tune of ₹16,882 crore – translating into a remarkable 58.10 times oversubscription.

Notably, Beeline secured nearly 96% of the anchor book in a two-bank syndicated IPO, reinforcing its strong institutional distribution…



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Beeline Strengthens Mainboard Track Record with 96% Anchor Book in Shreeji Shipping IPO


Mumbai (Maharashtra) [India], September 3: Beeline Capital Advisors Private Limited has successfully closed the deal for Shreeji Shipping Global Limited’s IPO with an overwhelming response. The Initial Public Offering, sized at ₹410.71 crore, attracted strong investor interest and was subscribed to the tune of ₹16,882 crore – translating into a remarkable 58.10 times oversubscription.

Notably, Beeline secured nearly 96% of the anchor book in a two-bank syndicated IPO, reinforcing its strong institutional distribution…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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