The US-based LPG carrier company said 245,521shares were taken at the offering price of $19 each, bringing in netproceeds of about $4.3m.

JP Morgan and UBS were lead book-runningmanagers for the offering.

Dorian sold 7.1m shares in the IPO this month,with underwriters offered another 1.1m, which would have given a total of$155m.

Dorian plans to use proceeds from the fundraiserto partially finance the construction of 19 very large gas carriers underconstruction in South Korea.