Compiled in 2002, Markolines Traffic Controls Limited (NPST) is a Highway Operations & Maintenance (O&M) service provider. The company’s operations are broadly divided by Highway Operations (including Toll operation, Route Patrolling, and Incident management), Highway Maintenance (including Routine Maintenance, Preventive Maintenance and Main 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 worked on more than 90+ Highway Operations & Maintenance (O&M) projects. As of Aug’21, the company has projects around 285.71 km of National Highways Major Maintenance & Repairs programs in the country. The company also owns 943.31 kilometers of Toll Operations, Routine Maintenance, and Route Patrolling projects, for National Highways across the country. Major savings account for more than 80% of the company’s revenue.
Competitive Strengths
- One of the few Highway (O&M) service providing companies in India with a diversified portfolio of services.
- Proven track record of winning, developing, and operating projects successfully.
- Efficient business model and quality service delivery.
- Established brand reputation.
- Significant growth and improvement in order bookings.
- Strong experienced management.
Company Promoters
Mr. Sanjay Bhanudas Patil And Mr. Karan Atul Bora are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 10,751.99 | 9,029.24 | 7,315.17 |
| Total Revenue | 15,796.52 | 17,154.49 | 7,348.54 |
| Profit After Tax | 427.59 | 718.62 | 251.51 |
Objects Of The Issue
- Prepayment/Repayment of certain debt facilities availed by our company.
- To Meet Working Capital requirements.
- General Corporate purposes.
Markolines Traffic Controls IPO Details
| IPO Opening Date | Sep 15, 2021 |
| IPO Closing Date | Sep 20, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹78 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | BSE SME |
| Issue Size | 5,128,000 Eq Shares of ₹10 (aggregating up to ₹40.00 Cr) |
Markolines Traffic Controls IPO Lot Size
The Markolines Traffic Controls IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹124,800).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹124,800 |
| Maximum | 1 | 1600 | ₹124,800 |
Markolines Traffic Controls IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Contact Information
| Markolines Traffic Controls Limited 502, A Wing, Shree Nand Dham, Sector 11, CBD Belapur Navi Mumbai – 400614 Phone: +91 22 6266 1111 Email: info@markolines.com Website: https://www.markolines.com/ |
Markolines Traffic Controls IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Markolines Traffic Controls IPO Lead Manager(s)
| 1. Gretex Corporate Services Pvt Ltd Lead Manager Reports – Lead Manager Performance Tracker – List of IPOs handled by a Lead Manager |
Markolines Traffic Controls IPO FAQs
| When Markolines Traffic Controls IPO will open? The Markolines Traffic Controls IPO dates are 15 Sep 2021 To 20 Sep 2021. |
| What is the lot size of Markolines Traffic Controls IPO? Markolines Traffic Controls IPO lot size and the minimum order quantity is 1600 Shares. |
| How to apply for Markolines Traffic Controls IPO? You can apply in Markolines Traffic Controls IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Markolines Traffic Controls IPO listing date? The Markolines Traffic Controls IPO listing date is not announced. The date of Markolines Traffic Controls IPO listing is []. |
