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Open
30 Nov to 5 Dec, 2023
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Close
30 Nov to 5 Dec, 2023
3
Allotment
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Listing
Fri, Dec 8, 2023
Price Band
₹26 per share
Issue Size
42,00,000 shares (agg. up to ₹11 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Dec 8, 2023
Latest GMP
₹3
Est. Gain
11.54%
✦ AI Insight
GMP Trend
08-12-2023₹3Est. ₹29+11.54%
07-12-2023₹3Est. ₹29+11.54%
06-12-2023₹3Est. ₹29+11.54%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 31.92x |
Restated Financials (₹ Cr.)
| Period Ended | 31 May 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 26.15 | 26.19 | 23.06 | 22.04 |
| Total Income | 13.84 | 150.37 | 203.27 | 96.13 |
| Profit After Tax | 0.14 | 1.53 | 1.86 | 0.80 |
| NET Worth | 16.18 | 16.04 | 14.51 | 12.56 |
| Total Borrowing | 6.04 | 5.58 | 2.53 | 2.12 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Committed Cargo Care Ltd. | SME | ₹24.95 Cr | ₹77 | 10.94 | ₹86.10 | +11.82% | ₹313.50 (-5.00%) |
| Oneclick Logistics India Ltd. | SME | ₹9.91 Cr | ₹99 | 0.51 | ₹133.00 | +34.34% | ₹419.00 (-2.56%) |
| Zeal Global Services Ltd. | SME | ₹36.46 Cr | ₹103 | 13.83 | ₹154.35 | +49.85% | ₹65.60 (+0.00%) |
| Transvoy Logistics India Ltd. | SME | ₹5.11 Cr | ₹71 | 34.63 | ₹74.55 | +5.00% | ₹109.95 (+4.71%) |
| TVS Supply Chain Solutions Ltd. | Mainboard | ₹880.00 Cr | ₹197 | 189.42 | ₹201.00 | +2.03% | ₹135.54 (-1.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 7.88 |
| 2 | General Corporate Expenses | 2.46 |
About Marinetrans IPO
Incorporated in 2004, Marinetrans India Limited provides transport management and freight-related services. The company initially started as a freight forwarder and then moved into door-to-door delivery and 3PL services for the logistics industry through informal arrangements with third-party providers. Marinetrans provides freight transportation services that include both sea and air freight services. The company has also partnered with various intermediaries to provide additional services such as transportation, multimodal transport, project cargo handling, third-party logistics, packing, loading/unloading, and unpacking of items. Marinetrans is responsible for obtaining and confirming the booking order, confirming the shipping line, securing direct customer transportation, stowing and securing the shipment at the port, and coordinating with the customer until the goods are delivered. The company is headquartered in Navi Mumbai, Maharashtra, and has branches in Ahmedabad, Gujarat.+ Read More
Contact Details
Marinetrans India Ltd. Address801/802, 8th Floor, Vindhya Commercial ComplexPlot No.1, Sector 11, CBD BelapurNavi Mumbai, Maharashtra, 400614+91-7777045320compliance@marinetrans.inVisit Website