HomeIPO SMEMarinetrans India IPO Details

Marinetrans India IPO Details

- Advertisement -

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.

Marinetrans India IPO

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)

- Advertisement -
ParticularsFor the year ended (₹ in lakh)
Total Assets2,618.582,305.892,204.06
Total income15,036.8420,327.239,613.13
Total Expenses14,828.7720,077.329,503.45
Profit After Tax152.83186.2479.78

Marinetrans India IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 42,00,000 Equity Shares of ₹10 (aggregating up to ₹ 1,092 lakhs)
Issue Open Date30-Nov-23
Issue Close Date05-Dec-23
Issue TypeFixed Price
IPO Price Band₹ 26
Face Value₹ 10
Market Lot4000 Equity Shares and in multiples thereof
Minimum Order Quantity4000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
ListingNSE SME

Marinetrans India IPO DRHP & RHP

Marinetrans India IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)

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

DescriptionImp Dates
Bid / Offer Opens on30-Nov-23
Bid / Offer Closes on05-Dec-23
Finalisation of Basis of Allotment08-Dec-23
Initiation of refunds11-Dec-23
Credit of the Equity Shares10-Dec-23
Listing Date11-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

Follow us on Telegram for all the latest updates

- Advertisement -


Please enter your comment!
Please enter your name here


IPO Subscription Status

IPO Allotment Status

IPO Listing Date