BAJAJ BROKING

Notification
No new Notification messages
Chamunda Electrical Ltd IPO is Open!
Apply for the Chamunda Electrical Ltd IPO through UPI in just minutes.
Q3 FY'25 Results of Top Companies!
From Reliance Industries to TCS to HDFC Bank, check out the latest quarterly results with financial highlights, key performance metrics, and more!
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Marinetrans India Ltd

Logistics

Offer Period :

30th to 5th Dec 2023

Marinetrans India Ltd IPO Details

IPO Date 30th to 5th Dec 2023 Minimum Investment ₹104000 / 1 Lots
Listing Date 2023-12-08 Maximum Investment ₹104000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹10.92 Crores
Price ₹26 to ₹26 per share Fresh Issue ₹10.92 Crores
Lot Size 1 Lots (4000 Shares) Offer For Sale ₹ [-]
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per Share Shareholding Pre Issue 8526000 Shares
Issue Type Fixed Price - SME Shareholding Post Issue 12726000 Shares
IPO Date 30th to 5th Dec 2023
Listing Date 2023-12-08
Face Value ₹10 per share
Price ₹26 to ₹26 per share
Lot Size 1 Lots (4000 Shares)
Listing At NSE-SME
Total Issue Size ₹10.92 Crores
Employee Discount ₹0 per share
Issue Type Fixed Price - SME
Minimum Investment ₹104000 / 1 Lots
Maximum Investment ₹104000 / 1 Lots
Fresh Issue ₹10.92 Crores
Offer For Sale ₹[-] Crores
Retail Discount ₹0 Crores
Shareholding Pre Issue 8526000 Shares
Shareholding Post Issue 12726000 Shares

About Marinetrans India Ltd IPO

Founding Head: 2004

Managing Director: Babu Kotian Tirajkumar

Marinetrans India Limited Timeline

Important dates for allocation and IPO listing.

30th Nov

IPO Opens

5th Dec

IPO Close

8th Dec

Allotment Date

11th Dec

Initiation of Refund

10th Dec

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 100 0
Public Group 0 0

Marinetrans India Ltd IPO Reservation

QIB Shares Offered 0(0%)
NII (HNI) Shares Offered 1992000(47.43%)
Retail Shares Offered 1992000(47.43%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 4200000
Total Shares With Anchor Investor 4200000

Marinetrans India Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 4000 ₹0
Retail (Max) 0 0 ₹0
S HNI (Min) 1 4000 ₹0
S HNI (Max) 0 0 ₹0
B HNI (MIN) 1 4000 ₹0

Marinetrans India Ltd IPO Anchor Investor Details

Bid Date
Shares Offered
Anchor Portion Size

Marinetrans India Ltd IPO Registrar

Skyline Financial Services Pvt
Phone Number +91-11-40450193-197
Email Id ipo@skylinerta.com
Our Website www.skylinerta.com

Marinetrans India Ltd IPO Lead Manager

1. Swaraj Shares & Securities Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Marinetrans India Ltd Financial Information

Period Ended March 31, 2024 March 31, 2023 March 31, 2022
Net Worth ₹25.46 ₹15.81 ₹14.26
Reserves and Surplus ₹12.74 ₹7.28 ₹13.86
Total Borrowing ₹6.78 ₹5.61 ₹2.67

Marinetrans India Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Qualified Institutional Buyers (QIBs) 0 0 0
Non Institutional Investors (NIIs) 0 34772000 0
NII(Bid amount of more than Ten Lakh Rupees) 0 0 0
NII(Bid amount of more than 2 Lakh < 10 Rupees) 0 0 0
Retail Individual Investors (RIIs) 0 94104000 0
Total 0 130280000 31.019

Strength of Marinetrans India Ltd

1. Organization stability, Rich management experience and skilled team.

2. Smooth flow of operations.

3. Well-defined organizational structure.

4. Existing Supplier Relationship.

5. Customer Centric Business Approach.

Risks Involved

1. The Company and Promoter of the Company are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before the court and regulatory authority. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business, and financial status.

2. The land parcels on which the Registered Office of the Company is located, is being shared between the Company and its Subsidiaries. The said premise is not owned by it and are held by it on a leasehold/ rental basis. In the event the company lose or are unable to renew such leasehold rights, its business, results of operations, financial condition and cash flows may be adversely affected.

3. The company depends its intermediaries for Logistic, transport management and freight-related services etc for carrying out its business operations, and termination of the arrangements with any of these intermediaries may adversely affect the company business and results of operations.

4. Significant increases in freight, transportation and other costs may materially and adversely affect its business, financial condition, and results of operations.

5. The company is heavily dependent on trucks, trailers, and other transportation vehicles for the operations. Any breakdown of the trucks, trailers etc. will have a significant adverse effect on its business, reputation, financial results, and growth prospects.

6. There has been a case filed against the Promoter and Company in accordance with the Memorandum of Understanding entered with Ms. Baytown Bonding Private Limited for compensation demands.

7. The company's business is dependent on the road network in India and its ability to capital the owned as well as hired vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect it and lead to a loss of reputation and/ or profitability, if the responsibility of issuing a bill of lading is on the Company.

8. The company failure to perform in accordance with demand of its client could result in loss of business or payment of liquidated damages.

9. The company does not verify the contents of the goods transported by it, thereby exposing it to the risks associated with the transportation of goods in violation of applicable regulations.

10. The company Promoter had stood as a surety/ guarantor for loan facilities obtained by the third party. As on date of this Draft Prospectus, the said third party has failed and defaulted in servicing to repay such loans in accordance with the terms and conditions of the financing documents. This has triggered repayment obligations on the Promoter, which may impact their ability to effectively service their obligations as the Promoter and thereby, impact its business and operations.

Why should you invest in

-

Marinetrans India Ltd Financials

Particulars For the financial year ending (in ₹ million)
  2024 2023 2022
Total Assets 42.09 26.19 23.06
Total Liabilities 42.09 26.19 23.06
Total Expenses 105.88 148.29 200.77
Total Revenue 
106.47 150.37 203.27
Profit After Tax 0.32 1.53 1.86
EBITDA 1.73 2.58 2.93
Adjusted EBITDA 0 0 0

Marinetrans India Limited IPO Contact Details

Marinetrans India Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2023-12-08 79261 MARINETRAN
INE0P1P01017
₹26 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹26 ₹26
Open ₹0 ₹30
Low ₹0 ₹28.5
High ₹0 ₹31.5
Low ₹0 ₹28.5

Frequently Asked Questions

What is Marinetrans India Ltd IPO?

Answer Field

Marinetrans India Ltd IPO is a SME IPO of 42,00,000 equity shares of a face value of ₹10 aggregating up to ₹10.92 Crores. The issue is priced at ₹26 to ₹26 per share. The minimum order quantity is 4000 Shares. The IPO opens on November 30, 2023, and closes on December 05, 2023. Skyline Financial Services Pvt is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Marinetrans India Ltd IPO will open?

Answer Field

The Marinetrans India Ltd IPO opens on November 30, 2023 and closes on December 05, 2023.

What is the lot size of Marinetrans India Ltd?

Answer Field

Marinetrans India Ltd lot size is 4000 shares, and the minimum amount required is ₹1,04,000.

How to apply for Marinetrans India Ltd IPO?

Answer Field

You can apply in Marinetrans India Ltd 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. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Marinetrans India Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Marinetrans India Ltd IPO will be done on December 08, 2023, and the allotted shares will be credited to your demat account by December 10, 2023.

When is Marinetrans India Ltd IPO listing date?

Answer Field

The Marinetrans India Ltd listing date is December 08, 2023.

Who is the registrar of Marinetrans India Ltd IPO?

Answer Field

The registrar of Marinetrans India Ltd IPO is Skyline Financial Services Pvt

Which company is the book-running lead manager of the IPO?

Answer Field

Swaraj Shares & Securities Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Marinetrans India Ltd IPO?

Answer Field

The fresh issue size is ₹10.92 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Marinetrans India Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 4000 shares and ₹1,04,000 amount.

How can I approve the UPI mandate request for Marinetrans India Ltd IPO?

Answer Field

To apply for Marinetrans India Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Marinetrans India Ltd?

Answer Field

The price of each Marinetrans India Ltd share will be ranging in between ₹26 to ₹26 per share.

What is the cut-off time for the UPI mandate for Marinetrans India Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, December 05, 2023.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • CHAMUNDA ELECTRICAL LIMITEDSME IPO

  • Bidding Dates

    4th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹47.0 - 50.0

  • IPO Size

    ₹14,60,00,000

  • Apply Now
  • KEN ENTERPRISES LIMITEDSME IPO

  • Bidding Dates

    5th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹94.0 - 94.0

  • IPO Size

    ₹83,65,00,000

  • Apply Now
  • AMWILL HEALTH CARE LIMITEDSME IPO

  • Bidding Dates

    5th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹105.0 - 111.0

  • IPO Size

    ₹59,98,00,000

  • Apply Now
  • SOLARIUM GREEN ENERGY LIMITEDSME IPO Early Access

  • Bidding Dates

    6th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹181.0 - 191.0

  • IPO Size

    ₹1,05,04,00,000

  • Apply Now
  • ELEGANZ INTERIORS LIMITEDSME IPO Early Access

  • Bidding Dates

    7th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹123.0 - 130.0

  • IPO Size

    ₹78,07,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • CLN ENERGY LIMITEDSME IPO

  • Issue Price

    250.00

  • Listing Day Close

    254.15

  • Listing Day (Gain/Loss)

    1.60

  • KABRA JEWELS LIMITEDSME IPO

  • Issue Price

    128.00

  • Listing Day Close

    255.35

  • Listing Day (Gain/Loss)

    99.22

  • LAXMI DENTAL LIMITEDMainboard IPO

  • Issue Price

    428.00

  • Listing Day Close

    550.65

  • Listing Day (Gain/Loss)

    28.74

  • CAPITAL INFRA TRUSTMainboard IPO

  • Issue Price

    99.00

  • Listing Day Close

    99.01

  • Listing Day (Gain/Loss)

    0.00

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5300+ Cr MTF Book

icon-with-text