Continental Warehousing Corporation Limited is known as Nhava Seva is mumbai based company is finalled received SEBI approval for IPO (initial public offering). The company has target to raise more than Rs 419 crore through an IPO.
Continental Warehousing Corporation is a part of multimodal logistics company which operates cargo handling and storage facilities. Continental Warehousing is fresh company coming with the issue of shares worth Rs 418.80 crore, as per the Draft Red Herring Prospectus they are offering sale of up to one crore shares by Warburg Pincus and 36,76,820 shares by Abraaj.
Continental Warehousing IPO Details :
Its upcoming IPOs in India and this public issue is managed by Edelweiss Capital, Axis Capital, Ambit and ICICI Securities and shares will be listed on the BSE and the National Stock Exchange.
Its a fresh issue of up to Rs. 4,18.80 Crores equity shares and given offers for sale up to Rs. 798,603 equity shares.
Offers for Investors
The offer for old shareholders have plan to shift 13,676,820 shares in the IPO through an offer for sale (Warburg Pincus and Abraaj Capital).
Continental Warehousing IPO Dates
- Its estimated to go live in mid 2017
405, Windfall, Sahar Plaza Complex,
Andheri Kurla Road, J.B. Nagar,
Andheri (East) Mumbai- 400059.
Tel : 022 61116999