Marinetrans India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,992,000 (47%) | — | ₹518 Cr |
| Retail | — | 1,992,000 (47%) | — | ₹518 Cr |
| Market Maker | — | 216,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 4,200,000 (100%) | — | ₹10,920 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,456,000 |
| B-HNI (Min) | 67 | 268,000 | ₹6,968,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 May 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,384 | 15,037 | 20,327 |
| Profit After Tax | 14 | 153 | 186 |
| Net Worth | 1,618 | 1,604 | 1,451 |
| Total Assets | 2,615 | 2,619 | 2,306 |
| Total Borrowing | 604 | 558 | 253 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of working capital requirements of the Company. –
- General Corporate Expenses –
- Issue Expenses –
Company Overview
Incorporated in 2004, Marinetrans India Limited provides transport management and freight-related services.
The company initially started as a freight forwarder and then moved into door-to-door delivery and 3PL services for the logistics industry through informal arrangements with third-party providers.
Marinetrans provides freight transportation services that include both sea and air freight services. The company has also partnered with various intermediaries to provide additional services such as transportation, multimodal transport, project cargo handling, third-party logistics, packing, loading/unloading, and unpacking of items.
Marinetrans is responsible for obtaining and confirming the booking order, confirming the shipping line, securing direct customer transportation, stowing and securing the shipment at the port, and coordinating with the customer until the goods are delivered.
The company is headquartered in Navi Mumbai, Maharashtra, and has branches in Ahmedabad, Gujarat.