Marinetrans India Limited IPO (Marinetrans India IPO)

Marinetrans India IPO,Marinetrans India IPO
Marinetrans India IPO,Marinetrans India IPO,Marinetrans India IPO,Marinetrans India IPO,Marinetrans India IPO

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.

Marinetrans India IPO – Details

IPO Opening Date30 November 2023
IPO Closing Date05 December 2023
Issue TypeFixed Price Issue IPO
Issue Size42,00,000 Shares Worth ₹10.92 Crore
Fresh Issue: 42,00,000 Shares Worth ₹10.92 Crore
Face Value₹10 per equity share
IPO Price₹26
Market Lot4000 Shares
Min Order4000 Shares (1 Lot)
Listing AtNSE SME
RegisterSkyline Financial Services Private Ltd
Other Shares Offered50%
Retail Shares Offered50%

Marinetrans India IPO – Date Schedule

IPO Open Date30 November 2023
IPO Close Date05 December 2023
Basis of Allotment08 December 2023
Initiation of Refund09 December 2023
Credit of Shares to Demat Account10 December 2023
IPO Listing Date11 December 2023
Cut-off time for UPI mandate confirmation5 PM on Dec 05, 2023

Marinetrans India IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)14,0001,04,000
Retail (Maximum)14,0001,04,000
HNI (Minimum)28,0002,08,000

Company Promoters

  • Mr Tirah Kumar Babu Kotian
  • Mr. Arunkumar Narayan Hegde

Object Of The Issue

  • Funding of working capital requirements of the Company.
  • General Corporate Expenses
  • Issue Expenses

Company Financial

Period Ended31 May 202331 Mar 202331 Mar 202231 Mar 2021
Profit After Tax13.91152.83186.2479.78
Net Worth1,617.961,604.041,451.221,255.94
Total Borrowing603.68557.98252.75212.38
Amount in ₹ Lakhs

Key Performance Indicator

P/E (x)14.53
EPS (Rs)1.79

Marinetrans India IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding

Marinetrans India IPO Prospectus

Company Contact Information

Marinetrans India Limited

801/802, 8th Floor, Vindhya Commercial Complex
Plot No. 1, Sector 11, CBD Belapur
Navi Mumbai, Thane – 400614

Phone: +91-7777045320

Marinetrans India IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Marinetrans India IPO Lead Manager(s)

1. Swaraj shares and securities private limited

Marinetrans India IPO FAQs

What is Marinetrans India IPO?

Marinetrans India IPO is a SME IPO. The issue is priced at ₹26 per equity share. The IPO is to be listed on NSE SME.
When Marinetrans India IPO will open?

The IPO is to open on  30 November 2023 for Retail – 50% and Other – 50% Investors.
How to Marinetrans India IPO?

You can apply Marinetrans India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Marinetrans India IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Marinetrans India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Marinetrans India IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Marinetrans India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Marinetrans India IPO Size?

Marinetrans India IPO size is ₹10.92 crores.
What is Marinetrans India IPO Price Band?

Marinetrans India IPO Price Band is ₹26.
What is Marinetrans India IPO Minimum and Maximum Lot Size?

The minimum bid is 4000 Shares with ₹1,04,000 amount while the maximum bid is 8000 shares with ₹2,08,000.
What is the Marinetrans India IPO Allotment Date?

Marinetrans India IPO allotment date is  08 December 2023.
What is the Marinetrans India IPO Listing Date?

Marinetrans India IPO listing date is 11 December 2023. The IPO is to list on NSE SME.
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