Markolines Traffic Controls IPO Details

Markolines IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Subscription Status

Allotment Status

About Markolines Traffic Controls

Markolines Traffic Controls Limited is a Highway Operations & Maintenance (O&M) Service providing company. Markolines Traffic Controls thrive to make Highway Operations & Maintenance cost effective and easier with the help of Innovation, Technology & out-of-the-box solutions. The vast experience of 19 years in offering superior services in the Highway Operations & Maintenance (O&M) have earned the name in the (O&M) domain.

The principal business operations are broadly divided into three categories:

i) Highway Operations under which the company provide services like Toll operations, Route Patrolling and Incident management;

ii) Highway Maintenance under which the company provide services like Routine Maintenance, Preventive Maintenance and Major Maintenance & Repairs (MMR);

iii) Specialized Maintenance Services under which the company provide services which enhance the life and quality of road, these are Microsurfacing (MS), Base / Sub base Stabilization (FDR) and Cold In Place Recycling (CIPR).

Important Details – Markolines Traffic Controls

DateDetails
November 08, 2002The company was originally incorporated as “Mark-O-Line Traffic Controls Private Limited” at Pune, Maharashtra as a private limited company
September 27, 2005The Registered office of the company got shifted from Pune to Mumbai
February 17, 2018The name of the company was changed from “Mark-O-Line Traffic Controls Private Limited” to “Markolines Traffic Controls Private Limited”
August 10, 2021The company was converted into Public Limited Company and the name of the company was changed to “Markolines Traffic Controls Limited”

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 Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 10,751.99 9,029.24 7,315.17
Total income 15,796.52 17,154.49 7,348.54
Total Expenses 15,117.22 16,100.39 6,985.55
Profit After Tax 427.59 718.62 251.51

Markolines Traffic Controls IPO Price – Details

DescriptionMTCL IPO Details
Public IssueInitial Public offer of 51,28,000 Eq Shares of ₹ 10 (aggregating up to ₹ 40.00 Crore)
Issue Open  Date15-Sep-21
Issue Close Date20-Sep-21
Issue TypeFixed Price
IPO Price Band₹ 78
Face Value ₹ 10
Market Lot 1600 Equity Shares and in multiples thereof
Minimum Order Quantity 1600 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolMTCL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Markolines Traffic Controls IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11600₹ 1,24,800
Maximum11600₹ 1,24,800

Markolines Traffic Controls IPO Lead Managers

  • Gretex Corporate Services Pvt Ltd

Markolines Traffic Controls Registrar

  • Bigshare Services Private Limited

Markolines Traffic Controls IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on15-Sep-21
Bid / Offer Closes on20-Sep-21
Finalisation of Basis of Allotment23-Sep-21
Initiation of refunds 27-Sep-21
Credit of the Equity Shares27-Sep-21
Commencement of trading – Listing28-Sep-21

Company Peers – Comparison of Accounting Ratios

There is no listed company that is specifically comparable

Company Registered Office

502, A Wing, Shree Nand Dham,
Sector 11, CBD Belapur
Navi Mumbai – 400614,
Maharashtra India.
www.markolines.com

Company Promoters

  • Mr. Sanjay Bhanudas Patil and
  • Mr. Karan Atul Bora

Markolines Traffic Controls IPO – FAQS

What is the Markolines Traffic Controls IPO Price?

The Markolines Traffic Controls IPO price band is Rs.78 per share

When Markolines Traffic Controls IPO will open?

The Markolines Traffic Controls IPO opens on Sep 15, 2021 and closes on Sep 20, 2021

What is the lot size of Markolines Traffic Controls IPO?

The Markolines Traffic Controls IPO lot size is 1600 Equity Shares and the minimum order quantity is 1600 Equity Shares

Who is the Registrar for Markolines Traffic Controls IPO?

The Registrar for Markolines Traffic Controls IPO is Bigshare Services Private Limited

How to apply in Markolines Traffic Controls IPO through UPI?

Check the step by step process here – Click here

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