Marinetrans India IPO GMP, Review, Price, Allotment

Marinetrans India IPO GMP

Marinetrans India IPO description – Marinetrans India is engaged in the business of sea freight forwarding. The company began as a freight forwarder and later expanded to offer Door-to-Door Delivery and 3PL services for the logistics industry through informal agreements with third-party service providers. The company offers its customers a comprehensive range of transport management and freight-related services. Its services encompass Freight Forwarding, including both sea freight and air freight.

The company is mainly responsible for obtaining and confirming the Sales Booking Request, Confirming the Shipping Line, ensuring Direct Customer Transport, Stuffing, and ensuring transportation in the dock, and coordinating with the customer until the delivery of the goods. Since, the company is a point of contact between the Shipping Line, and the customer, it doesn’t operate through ports directly.

Marinetrans India operates a head office situated in Navi Mumbai, Maharashtra, along with one of its branches located in Ahmedabad, Gujarat. The company mainly operates through JNPT, Nhava Sheva, Mundra, Kandla, Chennai, Vizag, etc, and can take cargo from any location in India to across the world.

Marinetrans India IPO

Promoters of Marinetrans India – Mr. Tiraj Kumar Babu Kotian and Mr. Arunkumar Narayan Hegde

Marinetrans India IPO Details

Marinetrans India IPO Dates30 Nov – 5 Dec 2023
Marinetrans India Issue PriceINR 26 per share
Fresh issue4,200,000 shares (INR 10.92 crore)
Offer For SaleNil
Total IPO size4,200,000 shares (INR 10.92 crore)
Minimum bid (lot size)4,000 shares (INR 104,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Marinetrans India Financial Performance

 FY 2021FY 2022FY 20232M FY 2024
Net income0.801.861.530.14
Figures in INR Crores unless specified otherwise

Marinetrans India Offer News

Marinetrans India Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio14.53
RONW (%)6.3112.839.53
ROCE (%)10.1316.7211.29
EBITDA (%)1.651.441.78
*Compiled by IPO Central from Prospectus

Marinetrans India IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
7 December 202327,000
6 December 202327,000
5 December 202327,000
4 December 202327,000
2 December 202338,000

Marinetrans India IPO Subscription – Live Updates

Shares Offered2,208,0001,992,0004,200,000
5 Dec 202315.7346.9130.85
4 Dec 20232.3413.517.64
1 Dec 20231.155.843.38
30 Nov 20230.492.501.44

Marinetrans India IPO Allotment Status

Marinetrans India IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.

Marinetrans India IPO Dates & Listing Performance

IPO Opening Date30 November 2023
IPO Closing Date5 December 2023
Finalization of Basis of Allotment6 December 2023
Initiation of refunds7 December 2023
Transfer of shares to demat accounts7 December 2023
IPO Listing Date8 December 2023
Opening Price on NSE SMEINR 30 per share (up 15.38%)
Closing Price on NSE SMEINR 31.50 per share (up 21.15%)

Marinetrans India Offer Lead Manager

304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093
Maharashtra, India
Phone: +91-22-6964-9999
Email[email protected]

Marinetrans India Offer Registrar

D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi, 110020
Phone: 011-40450193-197
Email: [email protected]

Marinetrans India IPO Contact Details

801/802, 8thFloor, Vindhya Commercial Complex Plot No. 1,
Sector 11, CBD Belapur, Navi Mumbai, Thane-400614, Maharashtra
Phone: +91-7777045320
E-mail: [email protected]


What is the Marinetrans India offer size?

Marinetrans India offer size is INR 10.92 crores.

What is the Marinetrans India offer price band?

Marinetrans India public offer price is INR 26 per share.

What is the lot size of the Marinetrans India IPO?

Marinetrans India offer lot size is 4,000 shares.

What is Marinetrans India IPO GMP today?

Marinetrans India IPO GMP today is INR 2 per share.

What is the Marinetrans India kostak rate today?

Marinetrans India kostak rate today is NA per application.

What is Marinetrans India Subject to Sauda rate today?

Marinetrans India Subject to Sauda rate today is INR 7,000 per application.


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