Indian shipping services provider Seaways Shipping and Logistics is looking to complete a stock listing.

The company is seeking INR 800M ($12m) from the domestic initial public offering (IPO) to grow its container fleet.

ICICI Securities, IDFC Bank, Karvy Investor Services and Karvy Computershare are supporting the move.

Management including Parvataneni Sudah Mohan are selling stock as part of the process.