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Open
15 Sep 2021
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Close
20 Sep 2021
3
Allotment
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Listing
Mon, Sep 27, 2021
Price Band
₹78 per share
Issue Size
51,28,000 shares (agg. up to ₹40 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Sep 27, 2021
Latest GMP
₹-5
Est. Gain
-6.41%
✦ AI Insight
GMP Trend
18-09-2021₹-5Est. ₹73-6.41%
17-09-2021₹-5Est. ₹73-6.41%
16-09-2021₹-5Est. ₹73-6.41%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.29x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 107.52 | 90.29 | 73.15 |
| Total Income | 157.97 | 171.54 | 73.49 |
| Profit After Tax | 4.28 | 7.19 | 2.52 |
| EBITDA | 13.30 | 18.12 | 9.22 |
| NET Worth | 24.35 | 20.08 | 12.89 |
| Reserves and Surplus | 23.48 | 19.20 | 12.02 |
| Total Borrowing | 35.53 | 37.24 | 37.54 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Abhishek Integrations Ltd. | SME | ₹4.95 Cr | ₹50 | null | ₹38.00 | -24.00% | ₹36.10 (-5.00%) |
| G R Infraprojects Ltd. | Mainboard | ₹962.37 Cr | ₹837 | null | ₹1,747.10 | +108.73% | ₹900.55 (+0.18%) |
| Likhitha Infrastructure Ltd. | Mainboard | ₹61.20 Cr | ₹120 | null | ₹136.50 | +13.75% | ₹242.95 (+0.06%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment / Repayment of certain debt facilities availed by our company | 3.80 |
| 2 | Funding of Working Capital Requirements of our company | 23.20 |
| 3 | General Corporate Purposes | 9.00 |
About Markolines Traffic Controls IPO
Incorporated in 2002, Markolines Traffic Controls Limited (NPST) is a Highway Operations & Maintenance (O&M) Service providing company. The company’s operations are mainly divided into-Highway Operations (including Toll operations, Route Patrolling, and Incident management), Highway Maintenance (including e Routine Maintenance, Preventive Maintenance and Major Maintenance & Repairs (MMR)), and Specialized Maintenance Services (including Microsurfacing (MS), Base / Sub base Stabilization (FDR) and Cold In Place Recycling (CIPR)). Since 2002, the company has executed over 90+ Highway Operations & Maintenance (O&M) projects. As of Aug’21, the company has around 285.71 km of Major Maintenance & Repairs projects for National Highways in the country. The company also has around 943.31 km of Toll Operations, Routine Maintenance, and Route Patrolling projects, for National Highways across the country. Major maintenance contributes to more than 80% of the company’s revenues Competitive Strengths One of the few Highway (O&M) service providing companies in India with a diversified portfolio of services. Proven track record of winning, developing, and operating projects successfully. Efficient
Contact Details
Markolines Traffic Controls Ltd. Address502, A WingShree Nand Dham, Sector 11CBD BelapurNavi Mumbai, Maharashtra, 400614+91 22 6266 1111info@markolines.comVisit Website