Marinetrans India Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹26 - ₹26
- Lot size
- 4,000 shares
- Issue amount
- ₹10.92 cr
- Total subscription
- 32.69×
- Opens
- 30 Nov 2023
- Closes
- 5 Dec 2023
- Allotment
- 6 Dec 2023
- Listing
- 8 Dec 2023
Offer at a glance
Issue overview
- Issue size
- 42,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,04,000
- Fresh issue
- ₹10.92 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,04,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 85,26,000
- Shares after issue
- 1,27,26,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 4,000 | ₹1,04,000 |
| HNI | 2 | 8,000 | ₹2,08,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 5.18 | 244.59 |
| NIB | 5.18 | 94.06 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 1.79 |
| ROE | 10 |
| ROCE | 11.29 |
| RONW | 9.53 |
| PRE IPO(PE) | 14.53 |
| POST IPO(PE) | 39.39 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in June 2004, Marinetrans is a sea freight forwarding company that has expanded into Door-to-Door Delivery and 3PL services through third-party partners. Headquartered in Navi Mumbai with a branch in Ahmedabad, the company provides transport management and freight services across both sea and air routes and mainly operates through major Indian ports like JNPT (Nhava Sheva), Mundra, Kandla, Chennai, and Vizag to ship cargo worldwide. Marinetrans handles end-to-end coordination including booking confirmation, selecting shipping lines, stuffing, transportation within the dock area, and communication between the customer and the shipping line until final delivery, while it does not directly operate any ports.
Promoters
Mr Tirah Kumar Babu Kotian
Mr. Arunkumar Narayan Hegde.
Registrar & documents
Lead manager
Swaraj Shares and Securities Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
801/802, 8th Floor, Vindhya Commercial Complex Plot No. 1, Sector 11, CBD Belapur Navi Mumbai, Thane - 400614
+91-7777045320
[email protected]Company website ↗Understanding MARINETRAN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.