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Seven Islands Company Details
As of December 2020, SI ( Seven Islands) was the third largest seaborne logistics company in India by deadweight tonnage. In 2020, the Company held a significant market share in Indian time charters of crude oil imports .It was among the few Indian shipping companies that have delivered positive net profits in each of the past three Fiscals and its Return on Average Equity and Return on Average Capital Employed is among the highest in the seaborne logistics industry in India .All its 20 vessels are registered and flagged in
India and operate as Indian owned and Indian flagged vessels. It is present in the liquid products trade where liquid products like white oils, black oils, lube oil and liquid chemicals are transported in product vessels classified as Small vessels, Medium Range or MR vessels and Long Range or LR vessels. It is also engaged in the crude oil logistics business where crude oil is transported in vessels classified as Aframax, Suezmax and Very Large Crude Carriers or VLCCs. Its oil products business is carried out through Small and MR vessels while its crude oil logistics business is currently carried out through Suezmax vessels and it has in the past also used a VLCC vessel
for this purpose.
The Company began its operations with only one vessel in Fiscal 2003 and as of January 31, 2021, it had 20 liquid cargo vessels with a total deadweight capacity of 1,105,682 MT. Out of its 20 vessels, four are Small vessels, 13 are MR vessels, and three are Suezmax vessels. Its capacity has grown from 6,009 MT of deadweight as of March 31, 2003
to 66,889 MT of deadweight as of March 31, 2010. In Fiscal 2010, it purchased its first MR vessel. Since then, it has grown its fleet and capacity by acquisition of additional vessels at regular intervals. In Fiscal 2016, it acquired our first two crude oil vessels, M.T. Saffron and M.T. Crimson, which were of the Suezmax type and substantially increased our capacity. Over the last 18 years, it has acquired 40 vessels and sold 20 vessels. As part
of its operations, it typically acquire pre-owned vessels depending on the demand for a vessel in any segment it operate in. It believes that its ability to identify vessels, subject them to stringent vetting and undertake a detailed financial feasibility analysis prior to their purchase, and then following their purchase, operate and maintain the
vessels through its in-house operations to meet the expected return ratios, has led to the growth of our business and operations.
Some of the qualitative factors and its strengths
# Longstanding relationship with major Indian oil and gas customers;
# Quality in-house management of operations and cost competitive vessel management;
# Sizeable and diverse India flagged and owned operating fleet;
# Consistent financial performance;
# Ability to retain advantage of tax regime; and
# Experienced management team.
For more study : www.sishipping.com

The Promoters of Seven IslandsShipping
Thomas Wilfred Pinto
Leena Metylda Pinto &
FIH Mauritius Investments ltd
.
Seven Islands IPO Main Objects
The Offer comprises the Offer for Sale and the Fresh Issue.
The Company propose to utilise the Net Proceeds mainly towards funding the acquisition of one VLCC vessel and one MR vessel in the secondary market

Seven Islands IPO Details
IPO Opens on : ? July 2021
IPO Closes on : ? July 2021
Issue Type: Book Built Issue IPO
Issue :
1) Fresh Issue  Up to [?] Equity Shares aggregating up to Rs 400 Cr
2)Offer for Sale Up to [?] Equity Shares, aggregating up to Rs 200 Cr
IPO Size : Rs. 600 Cr
Face Value per share : Rs. 10

Seven Islands IPO Price Band Per Equity Share: Rs. ??
Seven Islands IPO Lot Size ? Shares
Seven Islands Listing will at BSE,NSE

Shares offered to
QIB ? Shares = INR ?Crs
NII ? Shares = INR ?Crs
RII ? Shares = INR ?Crs
Lot size: ? = ? Forms

Seven Islands IPO Tentative timeTable
Price Band announced
Seven Islands IPOAnchor List
Seven Islands IPO Opens on
Seven Islands IPO Closes on
Seven Islands IPO Allotment on
Unblocking of ASBA
Credit to Demat Accounts
Seven Islands Listing on

Seven Islands IPO  Financial Details :
Earnings per Share 2017-18 Rs 18.50
Earnings per Share 2018-19 Rs 8.13
Earnings per Share 2019-20 Rs 14.03
Earnings per Share 2020-21,9M Rs 20.88
Book Value of the Share as on 31.12.2020 Rs 160.74
Return on Net Worth: 17-18 19.90 %
Return on Net Worth: 18-19 6.40 %
Return on Net Worth: 19-20 10.60 %
Return on Net Worth: 20-21,9M : 13.90 %
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio:
Equity Shares outstanding prior to the Offer 57,227,550 Equity Shares
Equity Shares outstanding after the Offer ? Equity Shares

Seven Islands IPO Peer Comparison:
Shipping Corporation @ PE Ratio of 12.12
GE Shipping @ PE Ratio of 18.48
VRL Logistics @ PE Ratio of 22.92
TCI Ltd @ PE Ratio of 13.45
Blue Dart @ PE Ratio of -260.90

Seven Islands IPO Lead Managers
JM Financial
IIFL Securities
Registrar to Seven Islands IPO
Link Intime India Private Limited

Registered Office of Seven Islands
Suite 3A, 3B & 4, Level 8, B Wing, Times Square,
Andheri-Kurla Road,
Andheri (East), Mumbai 400059
Company Secretary and Compliance Officer
Jay Bhavesh Parekh

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