Marinetrans India Ltd
Price Range
₹26
Min. Quantity
4,000
Closes on
5 December 2023
Min. investment
₹1,04,000/4,000 Shares
Marinetrans India Ltd IPO Timeline
Marinetrans India Limited (Formerly known as Marinetrans India Private Limited) was incorporated on June 24, 2004 in Maharashtra, Mumbai. The Company was converted into a Limited Company through a fresh Certificate of Incorporation dated May 18, 2023, issued by the Registrar of Companies, Mumbai.
| Event | Date |
|---|---|
| Marinetrans India Ltd IPO Opening Date | 30 November 2023 |
| Marinetrans India Ltd IPO Closing Date | 5 December 2023 |
| Basis of Allotment | 8 December 2023 |
| Initiation of Refunds | 11 December 2023 |
| Credit of Shares to Demat | 10 December 2023 |
| Marinetrans India Ltd IPO Listing Date | 8 December 2023 |
Marinetrans India Ltd IPO Details
| Marinetrans India Ltd IPO Date | 30 November 2023 to 5 December 2023 |
| Marinetrans India Ltd IPO Face Value | ₹10 per share |
| Marinetrans India Ltd IPO Price | ₹26 to ₹0 per share |
| Marinetrans India Ltd IPO Lot Size | 4,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹10.92 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹10.92 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Tirajkumar Babu Kotian, Arunkumar Narayan Hedge |
Marinetrans India Ltd IPO Lot Size
The Marinetrans India Ltd IPO lot size is 4,000 shares. A retail-individual investor can apply for up to 1 lots (4,000 shares or ₹1,04,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4,000 | ₹1,04,000 |
| Maximum | 1 | 4,000 | ₹1,04,000 |
- Strengths
- Risks
- Opportunities
- Organization stability, Rich management experience and skilled team.
- Smooth flow of operations.
- Well-defined organizational structure.
- Existing Supplier Relationship.
- Customer Centric Business Approach.
Company Financials
Marinetrans India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 42.11 | 106.46 | 0.57 |
| 03-2023 | 25.83 | 150.36 | 1.55 |
| 03-2022 | 22.83 | 203.27 | 1.89 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of working capital requirements of the company
- General corporate expenses
Marinetrans India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 50% |
| Post Issue Share Holding | - |
Marinetrans India Ltd IPO Subscription Status (Bidding Detail)
The Marinetrans India Ltd IPO is subscribed 31.019 times on 5 December 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 31.019 |
Marinetrans India Ltd IPO Prospectus
Marinetrans India Ltd IPO Listing Date
| Listing Date | 8 December 2023 |
| BSE Script | 79261 |
| NSE Symbol | MARINETRAN |
| Listing In | NSE - SME |
| ISIN | INE0P1P01017 |
| IPO Price | ₹26 |
| Face Value | ₹10 |
Company Contact Information
801/802 8th flr Vindhya Commer-cial Complex # 1 Sect 11 CBD,Thane-400614
Phone: +91-7777045320
Email: compliance@marinetrans.in
Website: -
Marinetrans India Ltd IPO Registrar
Marinetrans India Ltd IPO Lead Manager(s)
- Swaraj Shares & Securities Pvt Ltd
FAQ
What is the issue size of Marinetrans India Ltd IPO?
I have pre-applied for Marinetrans India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.