SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GE Shipping to raise Rs 300 crore on private placement basis

03 Apr 2018 Evaluate

Great Eastern Shipping Company (GE Shipping) has received an approval for issue of 3000 Secured Non-Convertible Debentures of Rs 10 lakh each aggregating to Rs 300 crore by way of private placement. The said debentures will be listed on WDM segment of National Stock Exchange of India. The tenure is for 10 years and it will carry coupon rate of 8.85% per annum.

Credit Analysis & Research has assigned ‘AAA’ (Outlook: Stable) rating and Brickwork Ratings India has assigned ‘AAA’ (Outlook: Stable) rating to the said issue.

Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.

Great Eastern Ship. Share Price

1498.60 1.35 (0.09%)
25-Jun-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: