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Global Offshore zooms as its subsidiary sells 5.57 million shares for $13.87 million

10 Jul 2012 Evaluate

Global Offshore is currently trading at Rs. 80.05, up by 5.30 points or 7.09% from its previous closing of Rs. 74.75 on the BSE.

The scrip opened at Rs. 75.10 and has touched a high and low of Rs. 81.00 and Rs. 75.10 respectively. So far 19163 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 131.95 on 19-Jul-2011 and a 52 week low of Rs. 60.00 on 02-May-2012.

Last one week high and low of the scrip stood at Rs. 84.00 and Rs. 72.20 respectively. The current market cap of the company is Rs. 186.83 crore.

The promoters holding in the company stood at 32.62% while Institutions and Non-Institutions held 6.82% and 60.56% respectively.

Global Offshore Services’ wholly owned subsidiary Global Offshore Services B. V. (GOSBV), based in the Netherlands has issued and allotted 5,573,834 shares for a consideration of $13,870,000, to an investor.

Consequent to the investment, the company now holds 69% equity stake of GOSBV.

Garware Offshore Services presently owns and operates a fleet of six anchor handling tugs cum vessels (AHTSV’S) and five platform supply vessels (PSV'S). The company's vessels are working in various markets including India, Europe and Far East.

Garware Offshore Ser Share Price

50.88 1.26 (2.54%)
17-Apr-2026 16:59 View Price Chart
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