214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Marinetrans India IPO (Marinetrans India Limited IPO) Detail

Marinetrans India Limited is an Logistics based company, located in Mumbai, Marinetrans India Limited IPO size was 10.92 Cr. and was issued at 26.00 per share. The share of Marinetrans India Limited were listed at 31.00 per share and are currently trading at 15.40 per share.

Type :
Sub Sector : Sea Freight Forwarding
SME IPO
NSE EMERGE

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

Revenue :
83.04 Cr.

PAT :
0.84 Cr.

Pricing Report

Issue Price :
26.00

Listing Price :
31.00

Current Market Price :
15.40

Issue Price vs CMP :
10.6 (40.77%)

listing Price vs CMP :
15.6 (50.32%)

Performance Report (CAGR* wise)

CAGR : -24.76
-ve 0 6 9 12+
Below Average

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

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Marinetrans India

Company Information
‘Marinetrans’, the name aptly suggests, the business of specializing in sea freight forwarding. The Company incorporated on June 24, 2004, was founded by Mr. Tiraj Kumar Babu Kotian with a clear vision of engaging in the trade and business of sea-freight. In the subsequent calendar year, the Company promoter, extended this vision by incorporating and investing in ‘Safewater Lines India Private Limited’ to expand their presence in sea-freight forwarding. However, after fifteen years, the Company’ board passed a resolution approving for a demerger scheme on April 10, 2019, separating their Company, and ‘Safewater Lines India Private Limited’. The demerger aimed to enable them to provide specialized freight services to their North American customers through ‘Safewater Lines India Private Limited’, while allowing their Company to focus
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Object of Issue
  • Funding of working capital requirements of the Company
  • General Corporate Expenses
  • Issue Expenses

Marinetrans India SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Dec, 2023
IPO Size :
10.92 Cr.
Market Cap :
12.21 Cr.   
IPO Subscription :
33.00 X     
PE Multiple :
14.53
Anchor Investors:
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FAQs

Marinetrans India operates in Logistics and Sea Freight Forwarding. The Issue is listed on NSE EMERGE in Dec, 2023. Marinetrans India IPO size was 10.92 Cr. with Issue price of 26.00 .

Marinetrans India IPO subscription was 33.00 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.

Marinetrans India IPO listed at a listing price of 31.00 against the offer price of 26.00.

The current market price of Marinetrans India is 15.40.

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