Marinetrans India IPO Details ( Marinetrans India Limited IPO Review )
(30 Nov 2023 – 5 Dec 2023)
Marinetrans started in June 2004, and we’re all about making sure things get shipped by sea. We began by helping with freight forwarding and later expanded to do Door-to-Door Delivery and 3PL services for the logistics industry. We teamed up with other folks to make it happen.
We do a bunch of things for our customers, like managing transport and handling freight. Whether it’s moving things by sea or air, we’ve got it covered.
Our main office is in Navi Mumbai, Maharashtra, and we also have a branch in Ahmedabad, Gujarat. We work in different places in India, like JNPT, Nhava Sheva, Mundra, Kandla, Chennai, Vizag, and more, to get cargo all around the world.
Our job is to make sure we get the sales booking, check with the shipping line, and arrange for direct transport, stuffing, and moving things in the dock area. We’re the go-between for the shipping line and the customer, making sure everything goes smoothly until the goods are delivered. Just so you know, we don’t handle things directly at the ports.
Marinetrans India Limited IPO Competitive Strength
- Organization stability, Rich management experience and skilled team
- Smooth flow of operations
- Well-defined organizational structure
- Existing Supplier Relationship
- Customer Centric Business Approach
Marinetrans India IPO Financials Performance ( Results )
Marinetrans India Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 2,204.06 | 9,613.13 | 79.78 | 4.91 | 1,255.94 | 212.38 | |
| 31-Mar-22 | 2,305.89 | 20,327.23 | 186.24 | 2.18 | 1,451.22 | 252.75 | |
| 31-Mar-23 | 2,618.58 | 15,036.84 | 152.83 | 1.79 | 1,604.04 | 557.98 | |
| 31-May-23 | 2,615.36 | 1,384.38 | 13.91 | 0.16 | 1,617.96 | 603.68 |
Objective of Marinetrans India IPO Issue
- Funding of working capital requirements of the Company.
- General Corporate Expenses.
- Issue Expenses.
Marinetrans IPO Basic Details
| IPO Date | Nov 30, 2023 to Dec 5, 2023 |
| Listing Date | Monday, December 11, 2023 |
| Face Value | ₹10 per share |
| Price | ₹26 per share |
| Lot Size | 4000 Shares |
| Issue Size | 4,200,000 shares of ₹10 (aggregating up to ₹10.92 Cr) |
| Fresh Issue | 4,200,000 shares of ₹10 (aggregating up to ₹10.92 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,526,000 |
| Share holding post issue | 12,726,000 |
| Company Promoters | Mr Tirah Kumar Babu Kotian and Mr. Arunkumar Narayan Hegde |
Marinetrans India IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Marinetrans IPO Timetable
Marinetrans IPO will open on November 30, 2023 and close on December 5, 2023. You can join Marinetrans IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 30 November 2023 (Thursday) |
| Closing Date | 5 December 2023 (Tuesday) |
| Basis of Allotment | 8 December 2023 (Friday) |
| Initiation of Refunds | 11 December 2023 (Monday) |
| Credit of Shares to Demat | 10 December 2023 (Sunday) |
| Listing Date | 11 December 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 5 December 2023 |
Marinetrans India IPO Lot Size
For retail investors in Marinetrans India IPO, 4000 shares will come in 1 lot or the minimum investment will be ₹104,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹104,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 4000 | ₹104,000 |
| Retail (Max) | 1 | 4000 | ₹104,000 |
| S-HNI (Min) | 2 | 8000 | ₹208,000 |
Marinetrans India IPO Promoter Holding
The company’s promoters include Mr Tirah Kumar Babu Kotian and Mr. Arunkumar Narayan Hegde.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
Marinetrans India Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 33.09 |
| Earning Per Share (EPS) | ₹1.79 per Equity Share |
| Net Asset Value (NAV) | ₹18.81 per Equity Share |
| P/E Ratio (P/E) (x) | 14.53 |
| Post P/E Ratio (P/E) (x) | 39.39 |
| Return on Net Worth (RoNW) (%) | 9.53 |
| Return on equity (ROE) (%) | 10.00 |
| Return on Capital Employed (ROCE) (%) | 11.29 |
| Debt/Equity Ratio | 0.35 |
Marinetrans India Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) |
| MIPL | Consolidated | 10 | 1.79 | 14.53 | 9.53 |
| Peer Group | |||||
| Cargosol Logistics Ltd | Consolidated | 10 | 4.79 | 8.56 | 15.69 |
| Cargotrans Maritime Ltd | Consolidated | 10 | 5.74 | 12.54 | 18.46 |
| AllCargo logistics Ltd | Consolidated | 2 | 25.62 | 13.88 | 22.37 |
| Total Transport Systems | Consolidated | 10 | 3.47 | 35.66 | 6.77 |
Marinetrans India IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹3 | – | – |
| 6 December 2023 | ₹3 | – | – |
| 5 December 2023 | ₹3 | – | – |
| 4 December 2023 | ₹3 | – | – |
| 3 December 2023 | ₹3 | – | – |
| 2 December 2023 | ₹3 | – | – |
| 1 December 2023 | ₹0 | – | – |
| 30 November 2023 | ₹0 | – | – |
| 29 November 2023 | ₹0 | – | – |
Marinetrans India IPO Detail Video:
link
Marinetrans India IPO Subscription Status (Bidding Detail)
The Marinetrans India IPO on December 5, 2023 at 7:30:00 PM was subscribed 33.00 times, with the retail category being subscribed 47.24 times, the NII (Non-Institutional Investor) category being subscribed 18.05 times.
| Category | Subscription |
| NII | 18.05x |
| Retail | 47.24x |
| Total | 33.00x |
Marinetrans India IPO Prospectus
| Marinetrans India IPO DRHP | Download |
| Marinetrans India IPO RHP | Download |
| Marinetrans India IPO Anchor Investors Details PDF | Download |
Marinetrans India IPO Rating
| Our Rating | 2.0/5.0 |
Marinetrans India Company Contact Information
Marinetrans India Limited
Registered and Corporate Office: 801/802, 8th Floor, Vindhya Commercial Complex Plot No. 1, Sector 11, CBD Belapur, Navi Mumbai, Thane – 400614, Maharashtra, India.
Contact Number: +91-7777045320
E-mail: compliance@marinetrans.in
Website: www.marinetrans.in
Contact Person: Mr. Nikhil Kishor Joshi, Company Secretary and Compliance Officer
The Promoter of Our Company is Mr. Tiraj Kumar Babu Kotian
Marinetrans IPO Registrar
Skyline Financial Services Private Limited
Office Address: D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020.
Contact Number: +91-11-40450193-197
Email Address: ipo@skylinerta.com
Investor Grievance Email Address: grievances@skylinerta.com
Contact Person: Mr. Anuj Kumar
Website: www.skylinerta.com
SEBI Registration No.: INR000003241
CIN: U74899DL1995PTC071324
Marinetrans IPO Lead Manager
Swaraj Shares and Securities Private Limited
Principal Place of Business: 304, A Wing, 215 Atrium Near Courtyard Marriot, Andheri
Kurla Road, Andheri East, Mumbai – 400093, Maharashtra, India.
Contact Number: +91-22-6964-9999
Email Address: compliance@swarajshares.com
Investor Grievance Email ID: investor.relations@swarajshares.com
Contact Person: Pankita Patel/ Tanmoy Banerjee
Website: www.swarajshares.com
SEBI Registration Number: INM00012980
CIN: U51101WB2000PTC092621
Marinetrans India IPO FAQs
What is the lot size of Marinetrans India IPO?
The total size of Marinetrans IPO is ₹10.92 crores and this is a complete fresh Issue.
When will Marinetrans India IPO start?
Marinetrans India IPO will open from 30 November 2023 and IPO will close on 5 December 2023.
What is the open date of Marinetrans India IPO?
Marinetrans India IPO will open date from 30 November 2023.
What is the last date ( close date ) of Marinetrans India IPO?
Marinetrans India IPO will close from 5 December 2023.
What is the price band of Marinetrans India IPO?
Marinetrans India IPO price band is ₹26.
What is the minimum amount required to apply for Marinetrans India IPO?
The minimum investment for retailers to apply for Marinetrans India IPO is ₹104,000 and the maximum investment is ₹104,000.
What is going on gray market premium of Marinetrans India IPO?
View gray market premium of Marinetrans India IPO by Clicking Here
How much is the GMP of Marinetrans India IPO?
Watch Marinetrans India IPO GMP Today: Click Here
What is the allotment date of Marinetrans India IPO?
The allotment date of Marinetrans India IPO is 8 December 2023.
How to check allotment status in Marinetrans India IPO?
To check the allotment status of Marinetrans India IPO, first of all go to the registrar website by clicking here, select your bad Marinetrans India IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Marinetrans India IPO?
The listing date of Marinetrans India IPO is 11 December 2023.
How much will be the listing gain in Marinetrans India IPO?
View listing gain of Marinetrans India IPO by Clicking Here
How much time Marinetrans India IPO is subscribed?
Total 33.00 times subscribed in Marinetrans India IPO out of which 47.24 times subscription was done in retail quota, 18.05 times subscription in other quota.
How to apply for Marinetrans India IPO from Upstox?
Click Here to see how to apply for Marinetrans India IPO from Upstox. (step by step)
How to apply for Marinetrans India PO from Zerodha?
Click Here to see how to apply for Marinetrans India IPO from Zerodha. (step by step)
How to apply for Marinetrans India IPO from Angle One?
Click Here to see how to apply for Marinetrans India IPO from Angle One. (step by step)
