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 Ltd (Formerly known as Marinetrans India Private Limited) was incorporated on June 24, 2004 as a Private Company in Maharashtra, Mumbai. The Company was converted into Public 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.