Marinetrans India Limited IPO
Marinetrans India Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹26 per share. The stock debuted at ₹30, delivering a listing gain of 15.4%. The IPO had a lot size of ₹4000 shares and a minimum investment of ₹1,04,000.
Marinetrans India Limited IPO
- IPO Dates
- Nov 30, 2023 – Dec 5, 2023
- Price band
- ₹26 per equity share
- Minimum Investment
- ₹1,04,000
- Issue size
- 4,200,000 shares(aggregating up to ₹10.92 Cr)
- Lot size
- 4000
- Allotment Date
- Dec 6, 2023
- Listing
- Dec 8, 2023
- Listing At
- NSE SME
IPO timeline
-
Nov 30, 2023
Open Date
Completed
-
Dec 5, 2023
Close Date
Completed
-
Dec 6, 2023
Allotment Date
Completed
-
Dec 8, 2023
Listing Date
Completed
Marinetrans India Limited IPO Essentials
Marinetrans India Limited IPO Details
Marinetrans India Limited IPO is priced at ₹26 per share with a total issue size of 4,200,000 shares(aggregating up to ₹10.92 Cr). The IPO has a lot size of 4000 shares and is listed on NSE SME.
- Issue price
- ₹26 per equity share
- Lot size
- 4000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,200,000 shares(aggregating up to ₹10.92 Cr)
- Listing at
- NSE SME
- List price
- 30.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Swaraj shares and securities private limited
Marinetrans India Limited IPO Details
- Retail Portion 50%
Marinetrans India Limited IPO Documents
Marinetrans India Limited IPO Analytics
Marinetrans India Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Marinetrans India Limited IPO Subscription Status
Marinetrans India Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS (Post IPO)
- ₹1.79/-
- P/E Ratio
- 14.53
Returns
- RoNW
- 9.53%
Marinetrans India Limited Financials( In Lakhs)
| 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 |
Marinetrans India Limited Company & Offer Insights
About Marinetrans India Limited
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 are the company's promoters of Marinetrans India Limited.
Marinetrans India Limited IPO Issue Objectives
- •
- Funding of working capital requirements of the Company.
- •
- General Corporate Expenses
- •
- Issue Expenses
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Marinetrans India Limited IPO is a Fixed Priced IPO worth ₹4,200,000 shares(aggregating up to ₹10.92 Cr). The issue price is ₹26 per share (fixed price). The IPO opens on Nov 30, 2023 and closes on Dec 5, 2023. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Marinetrans India Limited IPO is ₹26 per share (fixed price).
The lot size of Marinetrans India Limited IPO is 4000 shares.
The minimum investment for Marinetrans India Limited IPO is approximately ₹1,04,000 based on the issue price .
Marinetrans India Limited IPO opens on Nov 30, 2023 and closes on Dec 5, 2023.
The allotment date of Marinetrans India Limited IPO is Dec 6, 2023.
Marinetrans India Limited IPO is expected to be listed on Dec 8, 2023, on NSE SME Platform.
Marinetrans India Limited IPO valuation snapshot: P/E 14.53, EPS ₹1.79/-, P/B N/A, RoNW 9.53%, and market cap N/A.
To apply for Marinetrans India Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Marinetrans India Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Marinetrans India Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Marinetrans India Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Marinetrans India Limited IPO allotment status on IPO Ji for quick and easy access.