58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Marinetrans India Limited IPO (Marinetrans India IPO) Detail

Marinetrans India IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Logistics sector. Swaraj Shares And Securities Private is the merchant banker of Marinetrans India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th June 2023.

Marinetrans India IPO open date is 30th November 2023 and close date is 5th December 2023. IPO Allotment Date is 6th December 2023 and Listing date is 8th December 2023.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

Marinetrans India IPO Date

Date of DRHP:
9th June 2023
IPO Allotment Date:
6th December 2023
IPO Open Date:
30th November 2023
Initiation of Refund:
7th December 2023
IPO Closing Date:
5th December 2023
IPO Listing Date:
8th December 2023

Marinetrans India IPO Info, Size, Subscription

Marinetrans India IPO size is Rs 10.92 Cr. crores with IPO price of Rs 26.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 10.92 Cr.

Issue Price:
₹ 26.00

Market Capitalisation :
₹ 12.21 Cr.

PE multiple :
14.53

Subscription :
33.00 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
0.00%

Marinetrans India IPO Information

Sub Sector : Sea freight forwarding
‘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 (Marinetrans India IPO Objectives)

  • Funding of working capital requirements of the Company
  • General Corporate Expenses
  • Issue Expenses

Swaraj Shares and Securities Private Limited is the book-running lead manager of the Marinetrans India IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Nnm Securities Private Limited for Marinetrans India IPO.

Marinetrans India IPO Market Maker

Nnm Securities Private Limited

Marinetrans India IPO Registrar (RTA)

Skyline Financial Services Private Limited

Marinetrans India IPO Lead Manager (BRLM)

Swaraj Shares and Securities Private Limited

Marinetrans India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Marinetrans India IPO?

Marinetrans India IPO, based in Mumbai, operates in the   Logistics sector with a focus on Sea freight forwarding. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Marinetrans India IPO size is ₹ 10.92 Cr. Crores with fresh issue size of Rs 10.92 Cr. Crores and Offer for sale being Nil.

When is Marinetrans India IPO allotment?

The IPO allotment date for Marinetrans India IPO is expected to be 6th December 2023, after the finalization of basis of allotment. Investors can check Marinetrans India IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Marinetrans India IPO refund dates are 7th December 2023.

When is Marinetrans India IPO listing date?

Marinetrans India IPO is expected to be listed on 8th December 2023.

What is the price band for Marinetrans India IPO?

The upper price band for the Marinetrans India IPO is set at ₹ 26.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Marinetrans India IPO Review?

For IPO analysis on Marinetrans India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Marinetrans India IPO?

To apply for the Marinetrans India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th December 2023. After submission, funds are blocked until the basis of allotment of Marinetrans India IPO is finalised.

Who is the merchant banker of Marinetrans India IPO?

The merchant banker for Marinetrans India IPO is Swaraj Shares and Securities Private Limited . Swaraj Shares and Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Marinetrans India IPO RHP for further details.

Who is the Registrar of Marinetrans India IPO?

The registrar for Marinetrans India IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Marinetrans India IPO through their official website or helpline.

What is the Marinetrans India IPO subscription?

Marinetrans India IPO was subscribed 33.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 10.92 Cr. Avg IPO Size (Sector Based) : ₹ 25.40 Cr.
  • Sector: Logistics SME IPO so far: 49
  • Merchant Banker: Swaraj Shares SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 83.04 cr.
            PAT: (annualised): ₹ 0.84 cr.
  • PE Ratio: 14.53x Average Sector PE Ratio: 15.61x
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FAQs

Marinetrans India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Marinetrans India Financial Review Page

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 18.30.

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