Markolines Traffic Controls Limited IPO
BSE SMEListed On: Sep 28, 2021 at ₹ 62.20
₹ 249600 /3200 Shares
*Min Investment
15 Sep, 2021
Open Date20 Sep, 2021
Close Date23 Sep, 2021
Allotment Date28 Sep, 2021
Listing DateIPO Issue Details
- Issue Price ₹78 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 5,128,000 Eq Shares of ₹10 (aggregating up to ₹40.00 Cr)
- Listing at BSE SME
- List Price 62.20
- Listing Date 2021-09-28
- Lead Manager Gretex Corporate Services Pvt Ltd
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Markolines Traffic Controls Limited IPO is an SME IPO, priced at ₹78 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 15, 2021 to Sep 20, 2021. The allotment is expected to be finalized on Sep 23, 2021, and the tentative listing date is Sep 28, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,435,200 | 2,435,200 | 4,870,400 |
Day 1 15-09-21 05:00 PM | 1.94 x | 0.10 x | 1.02 x |
Day 2 16-09-21 05:00 PM | 1.96 x | 0.32 x | 1.14 x |
Day 3 17-09-21 05:00 PM | 2.37 x | 0.66 x | 1.51 x |
Day 4 20-09-21 05:00 PM | 2.78 x | 1.57 x | 2.18 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 107.51 | 90.29 | 73.15 |
| Revenue | 157.96 | 171.54 | 73.48 |
| Profit After Tax | 4.27 | 7.18 | 2.51 |
About Company
Markolines Traffic Controls Limited (NPST) is a Highway Operations & Maintenance (O&M) Service providing company. The company’s operations are mainly divided into-Highway Operations (including Toll operations, Route Patrolling, and Incident management), Highway Maintenance (including e Routine Maintenance, Preventive Maintenance and Major Maintenance & Repairs (MMR)), and Specialized Maintenance Services (including Microsurfacing (MS), Base / Sub base Stabilization (FDR) and Cold In Place Recycling (CIPR)).
Since 2002, the company has executed over 90+ Highway Operations & Maintenance (O&M) projects. As of Aug’21, the company has around 285.71 km of Major Maintenance & Repairs projects for National Highways in the country. The company also has around 943.31 km of Toll Operations, Routine Maintenance, and Route Patrolling projects, for National Highways across the country. Major maintenance contributes to more than 80% of the company’s revenues
- Promoter(s)
Mr. Sanjay Bhanudas Patil
Mr. Karan Atul Bora
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.16%
IPO - Issue Objectives
Prepayment/Repayment of certain debt facilities availed by our company.
To Meet Working Capital requirements.
General Corporate purposes.
IPO - FAQs
Ans. Markolines Traffic Controls Limited IPO is a SME IPO. The issue is priced at ₹78 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 15, 2021, and closes on Sep 20, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Markolines Traffic Controls Limited IPO opens on Sep 15, 2021 and closes on Sep 20, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Markolines Traffic Controls Limited IPO is 5,128,000 Eq Shares of ₹10 (aggregating up to ₹40.00 Cr).
Ans. The Markolines Traffic Controls Limited IPO price band is set between ₹78 per equity share.
Ans. To apply for Markolines Traffic Controls Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Markolines Traffic Controls 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 Markolines Traffic Controls Limited IPO is Sep 23, 2021.
Ans. The Markolines Traffic Controls Limited IPO will be listed on Sep 28, 2021.
Ans. Follow the steps to check the Markolines Traffic Controls Limited IPO allotment status online.
