Last updated on December 8, 2023
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.
Promoters of Marinetrans India – Mr. Tiraj Kumar Babu Kotian and Mr. Arunkumar Narayan Hegde
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Marinetrans India IPO Details
| Marinetrans India IPO Dates | 30 Nov – 5 Dec 2023 |
| Marinetrans India Issue Price | INR 26 per share |
| Fresh issue | 4,200,000 shares (INR 10.92 crore) |
| Offer For Sale | Nil |
| Total IPO size | 4,200,000 shares (INR 10.92 crore) |
| Minimum bid (lot size) | 4,000 shares (INR 104,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Marinetrans India Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 2M FY 2024 |
| Revenue | 95.82 | 203.21 | 150.27 | 13.84 |
| Expenses | 95.03 | 200.77 | 148.29 | 13.66 |
| Net income | 0.80 | 1.86 | 1.53 | 0.14 |
Marinetrans India Offer News
- Marinetrans India RHP
- Marinetrans India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Marinetrans India Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.91 | 2.18 | 1.79 |
| PE ratio | – | – | 14.53 |
| RONW (%) | 6.31 | 12.83 | 9.53 |
| NAV | – | 17.02 | 18.81 |
| ROCE (%) | 10.13 | 16.72 | 11.29 |
| EBITDA (%) | 1.65 | 1.44 | 1.78 |
| Debt/Equity | 0.17 | 0.17 | 0.35 |
Marinetrans India IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 7 December 2023 | 2 | – | 7,000 |
| 6 December 2023 | 2 | – | 7,000 |
| 5 December 2023 | 2 | – | 7,000 |
| 4 December 2023 | 2 | – | 7,000 |
| 2 December 2023 | 3 | – | 8,000 |
Marinetrans India IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 2,208,000 | 1,992,000 | 4,200,000 |
| 5 Dec 2023 | 15.73 | 46.91 | 30.85 |
| 4 Dec 2023 | 2.34 | 13.51 | 7.64 |
| 1 Dec 2023 | 1.15 | 5.84 | 3.38 |
| 30 Nov 2023 | 0.49 | 2.50 | 1.44 |
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 Date | 30 November 2023 |
| IPO Closing Date | 5 December 2023 |
| Finalization of Basis of Allotment | 6 December 2023 |
| Initiation of refunds | 7 December 2023 |
| Transfer of shares to demat accounts | 7 December 2023 |
| IPO Listing Date | 8 December 2023 |
| Opening Price on NSE SME | INR 30 per share (up 15.38%) |
| Closing Price on NSE SME | INR 31.50 per share (up 21.15%) |
Marinetrans India Offer Lead Manager
SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093
Maharashtra, India
Phone: +91-22-6964-9999
Email:Â [email protected]
Website: www.swarajshares.com
Marinetrans India Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi, 110020
Phone:Â 011-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
Marinetrans India IPO Contact Details
MARINETRANS INDIA LIMITED
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]
Website: www.marinetrans.in
IPO FAQs
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.
