Marinetrans India IPO subscription is to open on Nov 30, 2023 and will close on Dec 05, 2023, the price band of the Marinetrans India IPO is fixed at ₹ 26.
Table of Contents
About Marinetrans India
Marinetrans India initially started as a freight forwarder, then went to Door-to-Door Delivery and 3PL services for the logistics industry via informal arrangement with the third-party service providers. Marinetrans India offer to customers a comprehensive range of transport management and freight-related services. The services encompass Freight Forwarding, including both sea freight and air freight. Additionally, Marinetrans India have informal partnerships with various intermediaries to provide ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking of items. These additional services enable us to provide end-to-end solutions and other value-added services that cater to the customers’ diverse needs.
Objects of the Issue
- Funding of working capital requirements of the Company.
- General Corporate Expenses
- Issue Expenses
Marinetrans India Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 2,618.58 | 2,305.89 | 2,204.06 |
| Total income | 15,036.84 | 20,327.23 | 9,613.13 |
| Total Expenses | 14,828.77 | 20,077.32 | 9,503.45 |
| Profit After Tax | 152.83 | 186.24 | 79.78 |
Marinetrans India IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 42,00,000 Equity Shares of ₹10 (aggregating up to ₹ 1,092 lakhs) |
| Issue Open Date | 30-Nov-23 |
| Issue Close Date | 05-Dec-23 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 26 |
| Face Value | ₹ 10 |
| Market Lot | 4000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 4000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | MARINETRAN |
Marinetrans India IPO DRHP & RHP
- Marinetrans India IPO DRHP
- Marinetrans India IPO RHP
Marinetrans India IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 4000 | 104,000 |
| Maximum | 1 | 4000 | 104,000 |
Marinetrans India IPO Lead Managers
- Swaraj Shares and Securities Private Limited
Marinetrans India IPO Registrar
- Skyline Financial Services Private Limited
Marinetrans India IPO Allotment Date, Listing Date and other Important Dates
| Description | Imp Dates |
|---|---|
| Bid / Offer Opens on | 30-Nov-23 |
| Bid / Offer Closes on | 05-Dec-23 |
| Finalisation of Basis of Allotment | 08-Dec-23 |
| Initiation of refunds | 11-Dec-23 |
| Credit of the Equity Shares | 10-Dec-23 |
| Listing Date | 11-Dec-23 |
Company Registered Office
801/802, 8thFloor, Vindhya Commercial Complex
Plot No. 1, Sector 11, CBD Belapur,
Navi Mumbai, Thane-400614,
Maharashtra, India
Website: www.marinetrans.in
Company Promoters
- Mr. Tiraj kumar Babu Kotian
- Mr. Arunkumar Narayan Hegde
Marinetrans India IPO – FAQS
What is the Marinetrans India IPO Price?
The Marinetrans India IPO price band is 26 per share
When Marinetrans India IPO will open?
The Marinetrans India IPO opens on Nov 30, 2023 and closes on Dec 05, 2023
What is the lot size of Marinetrans India IPO?
The Marinetrans India IPO lot size is 4000 Equity Shares and the minimum order quantity is 4000 Equity Shares
Who is the Registrar for Marinetrans India IPO?
The Registrar for Marinetrans India IPO is Skyline Financial Services Private Limited
How to apply in Marinetrans India IPO through UPI?
Check the step by step process here – Click here
How to apply in Marinetrans India IPO through Zerodha?
Check the step by step process here – Click here
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