Marinetrans India Limited IPO
NSE SMEListed On: Dec 8, 2023 at ₹ 30.0
₹ 208000 /8000 Shares
*Min Investment
30 Nov, 2023
Open Date05 Dec, 2023
Close Date06 Dec, 2023
Allotment Date08 Dec, 2023
Listing DateMarinetrans India Limited IPO Issue Details
- Issue Price ₹26 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 4,200,000 shares(aggregating up to ₹10.92 Cr)
- Listing at NSE SME
- List Price 30.0
- Listing Date 2023-12-08
- Lead Manager Swaraj shares and securities private limited
- Registrar Skyline Financial Services Private Ltd
Marinetrans India Limited IPO Details
- Retail Portion 50%
Marinetrans India Limited IPO Documents
Marinetrans India Limited IPO Details
Marinetrans India Limited IPO is an SME IPO, priced at ₹26 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Nov 30, 2023 to Dec 5, 2023. The allotment is expected to be finalized on Dec 6, 2023, and the tentative listing date is Dec 8, 2023.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Marinetrans India Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,992,000 | 1,992,000 | 3,984,000 |
Day 1 30-11-23 06:00 PM | 0.56 x | 2.62 x | 1.59 x |
Day 2 01-12-23 06:00 PM | 1.18 x | 5.92 x | 3.55 x |
Day 3 04-12-23 06:00 PM | 2.51 x | 13.75 x | 8.13 x |
Day 4 05-12-23 06:00 PM | 18.16 x | 47.24 x | 32.70 x |
Marinetrans India Limited Valuations
Marinetrans India Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,618.58 | 2,305.89 | 2,204.06 |
| Revenue | 15,036.84 | 20,327.23 | 9,613.13 |
| Profit After Tax | 152.83 | 186.24 | 79.78 |
About Marinetrans India Limited Company
Marinetrans is engaged in the business of sea freight forwarding. The company began as a freight forwarder and later expanded to offer Door-to-Door Delivery and 3PL services for the logistics industry through informal agreements with third-party service providers. The company provides a wide range of transport management and freight-related services to its customers, including Freight Forwarding, which covers both sea and air freight.
The company is headquartered in Navi Mumbai, Maharashtra, and has a branch in Ahmedabad, Gujarat. It primarily operates through JNPT, Nhava Sheva, Mundra, Kandla, Chennai, Vizag, and other locations in India to transport cargo across the world.
The Company's primary responsibility is to obtain and confirm the Sales Booking Request, confirm the Shipping Line, ensure direct customer transport, stuffing, and transportation within the dock area. The Company acts as a point of contact between the Shipping Line and the customer and coordinates with them until the delivery of the goods. It's important to note that the Company doesn't operate through ports directly.
Marinetrans India Limited - Promoter(s)
Mr Tirah Kumar Babu Kotian
Mr. Arunkumar Narayan Hegde
Pre Issue Share Holding : %
Post Issue Share Holding : %
Marinetrans India Limited IPO - Issue Objectives
Funding of working capital requirements of the Company.
General Corporate Expenses
Issue Expenses
Marinetrans India Limited IPO - FAQs
Ans. Marinetrans India Limited IPO is a SME IPO. The issue is priced at ₹26 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Nov 30, 2023, and closes on Dec 5, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Marinetrans India Limited IPO opens on Nov 30, 2023 and closes on Dec 5, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Marinetrans India Limited IPO is 4,200,000 shares(aggregating up to ₹10.92 Cr).
Ans. The Marinetrans India Limited IPO price band is set between ₹26 per equity share.
Ans. To apply for Marinetrans India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Marinetrans India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Marinetrans India Limited IPO is Dec 6, 2023.
Ans. The Marinetrans India Limited IPO will be listed on Dec 8, 2023.
Ans. Follow the steps to check the Marinetrans India Limited IPO allotment status online.
