Marinetrans India Limited

Marinetrans India Limited

SMEClosed

₹1,04,000(4,000 Shares)

Minimum Investment

IPO Dates

Nov 30, 2023 – Dec 5, 2023

Price Band

₹26–26 per equity share

Lot Size

4000

Listing

Dec 8, 2023

Listing At

NSE SME

Nov 30, 2023Open DateCompleted
Dec 5, 2023Close DateCompleted
TBAAllotment DateUpcoming
Dec 8, 2023Listing DateCompleted

Marinetrans India Limited Live Subscription Details

All IPOs
Retail47.24x
QIB / NII18.16x

Overall Subscription

Total Bids Received

32.70x

Marinetrans India Limited IPO Issue Details

Issue Price
₹26 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Dec 8, 2023

Company Information

Marinetrans 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...

Valuations

RoNW

9.53%

Objectives of the Issue

  1. 1Funding of working capital requirements of the Company.
  2. 2General Corporate Expenses
  3. 3Issue Expenses

Marinetrans India Limited – Promoter(s)

Mr Tirah Kumar Babu Kotian
Mr. Arunkumar Narayan Hegde

Contact Details

Marinetrans India Limited IPO Documents

Frequently Asked Questions — Marinetrans India Limited IPO

The Marinetrans India Limited IPO price band is set at ₹26.00 to ₹26.00 per equity share.

The lot size for Marinetrans India Limited IPO is 4000 shares per lot. The minimum investment amount is approximately ₹1,04,000.

The Marinetrans India Limited IPO opens on Nov 30, 2023 and closes on Dec 5, 2023.

Marinetrans India Limited IPO is expected to be listed on Dec 8, 2023 on NSE SME.

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