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Global Ocean Logistics India is launching its initial public offering this week. The freight forwarding firm aims to raise Rs 30.41 crore through a fresh issue of shares. The IPO is priced between Rs 74 and Rs 78 per share. Proceeds will fund working capital and general corporate needs.
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Shipwaves Online is set to list on the BSE SME platform today with no grey market premium, indicating muted investor expectations for immediate listing gains. The company’s Rs 56.35 crore IPO, which closed on December 12, offered shares at Rs 12 apiece.
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