247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

ABS Marine Services Limited IPO (ABS Marine Services IPO) Details

ABS Marine Services Limited is an Logistics based company, located in Chennai, ABS Marine Services Limited IPO size was 96.29 Cr. and was issued at 147.00 per share. The share of ABS Marine Services Limited were listed at 279.30 per share and are currently trading at 169.75 per share.

Type :
Sub Sector : Providing Offshore Vessel Management, Crew Management And Other Seafarer/port Related Services.
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
138.01 Cr.

PAT :
23.55 Cr.

Pricing Report

Issue Price :
147.00

Listing Price :
279.30

Current Market Price :
169.75

Issue Price vs CMP :
22.75 (15.48%)

listing Price vs CMP :
109.55 (39.22%)

Performance Report (CAGR* wise)

CAGR : 24.02
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About ABS Marine Services

Company Information
ABS Marine Services Limited was founded by its diligent promoter, Capt. P B Narayanan, who has over four decades of experience in the Shipping Industry. Initially, the company started operations with two offshore vessel management services. As of December 31, 2023, the company owns five vessels, including two advanced offshore vessels serving the Oil & Gas sector and three Harbour Crafts serving the Indian Ports sector. Additionally, the company has one long-term chartered specialized multipurpose offshore vessel serving the Oil & Gas sector. The company is also involved in managing a total of 12 vessels for the government, public sector undertakings, private companies, and port authorities. Furthermore, it provides crew management services to 24 ships, including Oil Tankers, Gas Tankers, Bulk Carriers, Passenger Vessels,
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Object of Issue
  • Acquistion of off shore vessel
  • Funding the working capital requirements of the Company and
  • General corporate purposes

ABS Marine Services SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2024
IPO Size :
96.29 Cr.
Market Cap :
360.88 Cr.   
IPO Subscription :
144.44 X     
PE Multiple :
15.32
IPO Registrar:
Purva Sharegistry India Private Limited

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FAQs

ABS Marine Services operates in Logistics and Providing Offshore Vessel Management, Crew Management And Other Seafarer/port Related Services.. The Issue is listed on NSE EMERGE in May, 2024. ABS Marine Services IPO size was 96.29 Cr. with Issue price of 147.00 .

ABS Marine Services IPO subscription was 144.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

ABS Marine Services IPO listed at a listing price of 279.30 against the offer price of 147.00.

The current market price of ABS Marine Services is 169.75.

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