✓
Open
10 May 2024
✓
Close
15 May 2024
3
Allotment
—
✓
Listing
Tue, May 21, 2024
Price Band
₹140 to ₹147
Issue Size
65,50,000 shares (agg. up to ₹96 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, May 21, 2024
Latest GMP
₹115
Est. Gain
78.23%
✦ AI Insight
GMP Trend
21-05-2024₹115Est. ₹262+78.23%
20-05-2024₹115Est. ₹262+78.23%
19-05-2024₹115Est. ₹262+78.23%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 101.24x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 184.81 | 175.53 | 166.63 |
| Total Income | 138.02 | 113.81 | 82.84 |
| Profit After Tax | 23.55 | 9.53 | 8.09 |
| NET Worth | 117.17 | 93.52 | 83.70 |
| Reserves and Surplus | 99.17 | 93.51 | 83.69 |
| Total Borrowing | 45.68 | 48.66 | 61.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sadhav Shipping Ltd. | SME | ₹38.18 Cr | ₹95 | 12.66 | ₹141.75 | +49.21% | ₹112.45 |
| Arvind & Co.Shipping Agencies Ltd. | SME | ₹14.74 Cr | ₹45 | 9.74 | ₹80.05 | +77.89% | ₹32.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquistion of offshore vessel | 55.00 |
| 2 | Funding the working capital requirements of the Company | 25.00 |
| 3 | General corporate purposes | 11.29 |
About ABS Marine IPO
Updated on Aug 5, 2026
Contact Details
ABS Marine Services Ltd. AddressFlat No.3, Anugraha FoundationNo.15, Valliammal RoadVeperyChennai, Tamil Nadu, 600007044-42914135cs@absmarine.comVisit Website