Markolines Traffic Controls Limited
Fixed Price IPO · BSE
- Price band
- ₹78-₹78
- Lot size
- 1,600 shares
- Issue amount
- ₹40 cr
- Total subscription
- 0×
- Opens
- 15 Sept 2021
- Closes
- 20 Sept 2021
- Allotment
- 23 Sept 2021
- Listing
- 28 Sept 2021
Offer at a glance
Issue overview
- Issue size
- 51,28,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,24,800
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,24,800
- Issue type
- Fixed Price IPO
- Shares before issue
- 1,39,79,520
- Shares after issue
- 1,91,07,520
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,24,800 |
| HNI | 2 | 3,200 | ₹2,49,600 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2002, Markolines Traffic Controls Limited (NPST) provides highway operations and maintenance services across India. Its operations cover toll management, route patrolling, incident management, routine and preventive maintenance, major repairs, and specialized services like microsurfacing, base stabilization, and cold in-place recycling. Since inception, the company has executed over 90 O&M projects and, as of August 2021, manages around 285.71 km of major maintenance and 943.31 km of toll, routine maintenance, and patrolling projects on national highways, with major maintenance accounting for over 80% of its revenue.
Strengths
- Highway Service Provider: One of the few companies in India offering diversified O&M services.
- Proven Track Record: Successful in winning, developing, and operating projects.
- Efficient Operations: Delivers quality services through an optimized business model.
- Established Brand: Well-recognized reputation in the industry.
- Growing Order Book: Significant increase in project bookings.
- Experienced Management: Led by a strong and capable leadership team.
Promoters
Mr. Sanjay Bhanudas Patil
Mr. Karan Atul Bora
Registrar & documents
Lead manager
Gretex Corporate Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
502, A Wing, Shree Nand Dham, Sector 11, CBD Belapur Navi Mumbai - 400614
+91 22 6266 1111
[email protected]Company website ↗Understanding MARKOLINES 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.