ABS Marine Services Limited

ABS Marine Services Limited

SMEClosed

₹1,47,000(1,000 Shares)

Minimum Investment

IPO Dates

May 10, 2024 – May 15, 2024

Price Band

₹140–147 per equity share

Lot Size

1000

Listing

May 21, 2024

Listing At

NSE SME

May 10, 2024Open DateCompleted
May 15, 2024Close DateCompleted
TBAAllotment DateUpcoming
May 21, 2024Listing DateCompleted

ABS Marine Services Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail107.44x

Overall Subscription

Total Bids Received

143.09x

ABS Marine Services Limited IPO Issue Details

Issue Price
₹140-147 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
65,50,000 shares(aggregating up to ₹96.29 crore)
Listing At
NSE SME
Listing Date
May 21, 2024
Registrar
Purva Sharegistry India Pvt Ltd

Reservation Details

NII14.08%

Shares Offered

9,22,000

QIB18.75%

Shares Offered

12,28,000

Anchor28.11%

Shares Offered

18,41,000

Market Maker6.26%

Shares Offered

4,10,000

Company Information

ABS Marine Services Limited was established in October 1992. It undertakes offshore vessel management and has five vessels in its possession as of December 31, 2023. They are comprised of two state-of...

Valuations

EPS (Pre-IPO)

5.68

EPS (Post-IPO)

9.79

P/E (Pre-IPO)

25.9

P/E (Post-IPO)

15.02

RoNW

20.10%

P/B Value

2.26

Objectives of the Issue

  1. 1Acquistion of off shore vessel
  2. 2Funding the working capital requirements of the Company
  3. 3General corporate purposes.

ABS Marine Services Limited – Promoter(s)

Capt. P B Narayanan
Shreelatha Narayanan
Arathi Narayanan
Capt. Jeevan Krishnan Sanjeevan

Contact Details

Corporate Office

Flat No. 3, Anugraha Foundation, No. 15, Valliammal Road, Vepery, Chennai – 600007

044-42914135

cs@absmarine.com

Visit Website

ABS Marine Services Limited Allotment & Registrar Details

Check Allotment

Purva Sharegistry India Pvt Ltd

+91-022-23018261/ 23016761

newissue@purvashare.com

Visit Registrar Website

ABS Marine Services Limited IPO Documents

Frequently Asked Questions — ABS Marine Services Limited IPO

The ABS Marine Services Limited IPO price band is set at ₹140.00 to ₹147.00 per equity share.

The lot size for ABS Marine Services Limited IPO is 1000 shares per lot. The minimum investment amount is approximately ₹1,47,000.

The ABS Marine Services Limited IPO opens on May 10, 2024 and closes on May 15, 2024.

ABS Marine Services Limited IPO is expected to be listed on May 21, 2024 on NSE SME.

The registrar for ABS Marine Services Limited IPO is Purva Sharegistry India Pvt Ltd. You can contact them at newissue@purvashare.com.

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